 Nokia has seen sales improve unlike Motorola |
Nokia, the world's biggest mobile phone company, has seen solid sales during the first three months of 2007, as it tapped into emerging markets. Global sales rose 4% to 9.86bn euros (�6.7bn) in the quarter, helped by strong growth in India and China.
However, Nokia's profits fell 7% to 979m euros because it had to cut prices to attract buyers in emerging markets.
The Finnish firm's results are in contrast to US rival Motorola, which saw its sales fall during the quarter.
Showing growth
Nokia lastest earnings news sent the firm's shares 4% higher to a 12-month high.
Looking ahead, analysts said Nokia - which sells one in three of the world's mobile phones - will need to take other steps to boost its profits, or its shares would suffer.
"In the second quarter Nokia has to show some market share growth and higher prices," said Tom Lehto, managing director of Aktia Asset Management.
The average price of Nokia's handsets declined to 89 euros during the first three months of 2007, from 103 euros a year earlier.
The firm, which sold 253 million mobile phones during the quarter, 18% more than a year earlier, has warned that phone prices are likely to fall further.
One-Minute World News 
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