Nokia Q2 2006, growing everywhere but US

Jul 20 2006 - 09:26 AM ET | Nokia

Nokia's second quarter earnings statement shows strong handset sales growth in almost every market besides North America. In North America Nokia's handset shipments decreased 13.3% to just 5.2 million. Latin America was flat, all other markets saw double digit increases.

Key figures:

• Estimated market share of 34%, up from 33% a year ago
• Total device shipments hit 78.4m
• Smartphones made up 18.3m of the total
• Profit hit $1.44b including some one time proceeds
• Revenue came in at $11.9b