Nokia today raised their Q3 projections for both revenues and earnings. They stated that growth came from 3G in particular. They seem to also be stating that their handset sales have grown faster than the overall market.
It looks like the re-organization at Nokia and their flurry of new product launches may be paying off. One should also not forget the power of their brand and sheer economies of scale and R&D budgets they can afford thanks to their huge market share.
I would suggest that the future looks rosy for Nokia. The real battle will be over 2nd and 3rd place in the mobile handset market. Look for continued gains from the Asian manufacturers. Motorola will be hard to shift, though, given their presence in the US market and their renewal under Zander.
Philosopher Daniel Dennett dead at 82
5 hours ago
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