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Nokia Q2 2006, growing everywhere but US


Posted: 22 Jul 2006
TAGS: nokia

Nokia's second quarter earnings statement shows strong handset sales growth in almost every market besides North America. In North America Nokia's handset shipments decreased 13.3% to just 5.2 million. Latin America was flat, all other markets saw double digit increases.

Key figures:

  • Estimated market share of 34%, up from 33% a year ago
  • Total device shipments hit 78.4m
  • Smartphones made up 18.3m of the total
  • Profit hit $1.44b including some one time proceeds
  • Revenue came in at $11.9b
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