Nokia, the world's leading mobile phone maker, has reported a 30% drop in net profits for the third quarter of this year compared with a year earlier.
Net profits fell to just over €1 billion, due to falling sales and lower prices for its handsets. Nokia also announced that its market share had fallen to 38% from 39% a year ago.
The Finnish company's growth forecasts for the global mobile phone market remained in line with its expectations of a more than 10% annual increase. It said it expected total device sales to stand at 1.26 billion units this year.
