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Nokia ships 100 million phones in Q2

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Nokia shipped 100.8 million handsets in Q2, and at the same time increased the margin on its sales, according to the firm's results.

The figures for the three months to 30 June show Nokia turning over €12.6bn, and making €2.36bn in profit. During the period they shipped 1.5 million of its top end multimedia phone, the N95, with margins on multimedia handsets rising to 20.9 per cent (from 16.1 per cent this time last year).

Margins have increased across the board, including Nokia's enterprise solutions division, which is now making money - having increased sales by 94 per cent since last year.

The only bit posting a loss is Nokia Siemens Networks, which spent a lot of money on acquisitions but still require "decisive action... [to] ensure that the company is positioned for success and leadership in the fast changing infrastructure market", according to CEO Olli-Pekka Kallasvuo.

Sales of handsets were up everywhere except North America, where the number of devices shipped slipped by 21.2 per cent to 4.1 million. Nokia has never been much good in the US market, and the iPhone can't have helped.

Overall handset sales brought in €5.93bn, and Nokia reckons it's got 38 per cent of the world handset market, a position it intends to defend while expanding into other markets. ®

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