14 DAY TRIAL // Nokia's 40% year on year device volume growth drives 29% net sales growth, 32% EPS growth and strong market share gains.
FIRST QUARTER 2006 HIGHLIGHTS ￭ Industry quarterly device volumes of 215 million units down 12% sequentially and up 27% year on year, based on the preliminary market estimate. ￭ Nokia quarterly device volumes of 75.1 million units down 10% sequentially and up 40% year on year. ￭ Nokia first quarter device market share of 35%, up 1 percentage point sequentially and up 3 percentage points year on year, based on the preliminary market estimate. ￭ Nokia's net sales in the United States almost doubled year on year. ￭ Device ASPs of EUR 103, up sequentially from EUR 99 in the fourth quarter 2005.
"Nokia had an excellent quarter, with very strong year on year volume, net sales and EPS growth. A robust market coupled with our strong product portfolio and excellent execution produced outstanding results in a seasonally challenging first quarter. And our device market share of 35% in the first quarter - an increase of three percentage points year on year - further reinforces our number one position globally," said Jorma Ollila, Chairman and CEO, Nokia.