Nokia's Roller-Coaster Report

Mixed results highlight strength at the top and bottom of the market and weakness in the mid-range, where Motorola and Samsung continue to gain

Is the glass half empty or half full? Mobile phone giant Nokia (NOK) reported third-quarter results Oct. 19 that contained both impressive growth and worrisome signs of weakness. Revenues rose 20%, to $12.7 billion, and handset shipments hit a record high of 88.5 million units in the quarter, up 33% from a year earlier. Nokia's market share also ticked up to just below 35%, according to market researcher IDC.

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