Nokia Mobile Phone Sales Drop 13% from 2003 to 2004

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Nokia's Q3 2004 report shows a drop in Mobile Phones sales of 13% from the same period last year. Generally, the trend is upwards in Europe, down in the Americas, and stable in China. Net sales over the whole company are up by 1%. They're looking to the mid and high tier phones (such as the Nokia 9300) to do well in the next few months. Compared to Sony Ericsson, Nokia's figures point more to problems within the company, rather than a slowdown in the market