Nokia’s 4Q Profits up 19%

From Nokia’s 4Q earnings call transcript (courtesy of

“Nokia, the maker of mobile phones, reported profit growth of 19% to EUR 1.27 billion from EUR 1.07 billion a year earlier, exceeding analysts’ forecasts. The company shipped 106 million handsets, up 19% sequentially and 26% from a year ago. The estimated market share was 36%, unchanged from the third quarter and up from 34% in the year-ago period. In 2007, Nokia expects industry mobile device volume to grow by up to 10% from an estimated 978 million units in 2006.”

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