Study highlights Nokia's "impressive" market performance

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Study highlights Nokia's "impressive" market performance

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By Editorial Team (Thursday, 31st July 2008)

Nokia has enjoyed "solid growth" of 21 per cent in the past quarter, according to IDC's Worldwide Mobile Phone Tracker.

The Finnish company managed "impressive" operating margins in April, May and June, boosting its global market share by 9.9 per cent.

Nokia's "relentless focus" on its ability to meet demand within emerging markets helped drive up shipment volumes, says IDC. In fact, almost a third of its total volumes worldwide came from its 1200 and 1208 models.

Nokia's N-series, E-series and feature phones generated the most revenue and profit for the renowned handset manufacturer.

"Even with more than 20 new devices announced during the first half of the year, more models are expected in the second half," said Ramon T Llamas, senior research analyst at IDC.

Nokia has just unveiled the N96, which features 3G HSDPA, W-LAN, a built-in camera, a GPS receiver, a TV broadcast receiver and a multi-media player.