Nokia reported a third-quarter loss of
The main reason for the loss is a
On the handset side the company saw a decline in units sold year-to-year, but an improvement from the immediately previous quarter. It sold 108.5 million mobile phones, down 8 percent from a year ago. However, it sold 5 million more than during the second quarter. The company has seen improved demand in many markets, it said.
Nokia also expects mobile device volumes to increase in the fourth quarter of 2009.
Nokia's total mobile phone market share held steady at 38 percent and the average price per phone at
The phone vendor has begun to break out reporting of its smartphone and mobile computer sales, which totaled
The increase in average sales price in the smartphone segment is most likely thanks to slightly higher volumes of the N97, according to Carolina Milanesi, research director at Gartner, who thinks that Nokia still has work to do in the high-end segment.