Nokia, the No. 1 cell phone maker in the world, reported another strong quarter of growth, as it capitalizes on poor sales from one of its main competitors, Motorola.
Nokia said Thursday that it shipped 100.8 million handsets during the quarter, an increase of 29 percent compared with the previous year. The company now boasts that it has roughly 38 percent of the worldwide handset market. Meanwhile, Motorola's market share has slipped in the second quarter, placing it in third place behind rival Samsung Electronics.
Nokia's success was driven mostly by sales in Europe, the Middle East … Read more