Mobile phone maker Nokia has reported better-than-expected quarterly profits, but its market share has dropped.
Its market share fell from 33% to 29% as cheaper rivals and the popularity of expensive smartphones ate into Nokia’s dominance.
Nokia said it had reached a final deal to use Microsoft software instead of its own Symbian platform, a move that should boost its smartphone profile.
Investors welcomed the news, sending Nokia shares up almost 3%.
Original post:
Nokia market share falls further
