Nokia Increases World Market Share to 40%

Nokia  released new 2008 Q2 data and its global market share for handsets is at 40 percent, up from 38 percent a year ago. Other data:

• Nokia net sales of EUR 13.2 billion, up 4% year on year and up 4% sequentially (up 11% and 7% at constant currency).
• Devices & Services net sales of EUR 9.1 billion, down 1% year on year and down 2% sequentially (up 6% and 1% at constant currency).
• Nokia Siemens Networks net sales of EUR 4.1 billion, up 18% year on year and up 20% sequentially (up 26% and 23% at constant currency).
• Services and software net sales of EUR 119 million, up 42% sequentially.
• Nokia operating cash flow of EUR 1.5 billion.
• Estimated industry mobile device volumes of 303 million units, up 15% year on year and up 3% sequentially.
• Nokia mobile device volumes of 122 million units, up 21% year on year and up 6% sequentially.
• Nokia mobile device ASP of EUR 74, down sequentially from EUR 79 (approximately 40% of the decline was caused by the impact of exchange rate movements).