Nokia's financial results for the second quarter of 2010 are out, and it's a mixed bag. Despite the doomsday predictions, sales of Nokia devices - both smartphones and mainstream handsets - are up, with 111.1m units shipped (an increase of 8-percent compared to the same quarter twelve months ago, and up 3-percent from Q1 2010); smartphones in particular (or "converged mobile devices" as Nokia refers to them) saw volumes rise 42-percent year-on-year to 24m units. However, the flip side is a reduced average selling price per device, which cut into Nokia's profits; Devices & Services' operating profit was down to €643m ($820m), a 16-percent fall in comparison to the same three month period a year ago, while overall net profit was €221 ($282m), down from €380m ($485).
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