Nokia Q4 2005 results

Jan 26 2006 - 04:05 PM ET | Backpage, Nokia

Nokia announced its fourth quarter results for 2005--more market share and less profit. The leading mobile phone manufacturer shipped an impressive amount of phones, but price pressure lowered the average price per handset by twelve euros.

Key figures from the financial release:

• 83.7 mobile handsets sold, for a market share of 34.1%
• Net profit of $1.31 billion
• North American revenue declined 20%, blamed on a stale portfolio