Nokia's net more than doubles
Nokia posted a strong Q2 as it took a 38 percent share of the global phone market. Nokia shipped a better than expected 100.8 million devices in the quarter
, which is up 29 percent. Average selling prices for the phones were down about $16.4 to about $123. Sales in the U.S., however, fell 21 percent year-on-year and 14 percent since last quarter. The company is putting more focus on the U.S. market in 2007 and points to sales of its N-Series phones, which more than doubled, as signs of improvement in the market. It appears that Motorola's losses are, in part, Nokia's gain, according to analysts.
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