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Mobile & Wireless

Nokia expects to sell 500 mln handsets in 2010

Tuesday 5 January 2010 | 10:17 CET | News
Nokia will sell more than 500 million handsets this year, above market expectations, Nokia's mobile phone unit chief Rick Simonson told the Economic Times. This should result in an about 40 percent global market share, Simonson said in an interview. In a Reuters poll conducted in November, analysts' average forecast was that Nokia would sell 458 million phones in 2010, and 424 million in 2009. A Nokia spokesman said Simonson's comment was not a new forecast. On 2 December, Nokia forecast 10 percent growth in mobile phone market volumes this year, while its market share would remain roughly on

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Categories: Mobile & Wireless
Companies: Nokia
Countries: World
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