Nokia, the world's largest handset maker, said its fourth quarter 2010 net sales were flat year-on-year at 12.7 billion euros in constant currencies, despite a 36% increase in smartphone shipments to 28.3 million units and a rise in the average selling price of its devices to 69 euros from 64 euros a year earlier.
Nokia Siemens Networks contributed 4 billion euros in revenue (up 7% year-on-year at constant currencies), but overall devices and services sales fell 3% in constant currencies to 8.5 billion euros.
Nokia said its "preliminary estimated" mobile device market share was 31% in the fourth quarter of 2010, down from an estimated 35% in the fourth quarter of 2009 and up from an estimated 30% in the third quarter of 2010.
In the first quarter of 2011, Nokia expects devices and services net sales to be between 6.8 billion and 7.3 billion euros, compared with 6.66 billion euros in the first quarter of 2010, and Nokia Siemens Networks' net sales to be between 2.8 billion and 3.1 billion euros, compared with 2.72 billion euros a year earlier. source: Nokia statement
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