Nokia claims 39 percent marketshare
Nokia, the world’s leading handset maker, has posted a strong Q with net sales of $18.386 billion, which is an increase of 28 percent YoY. Nokia also shipped 111.7 million units of devices, which is up 11 percent since last quarter and 26 percent YoY. Much like other handset makers, the increasing volume of phones shipped helped to offset declining Average Sales Prices (ASP), with Nokia’s ASP at $117. Nokia’s marketshare increased by 1 percent – and has reached 39 percent, ie 2 out 5 people in the world are choosing Nokia. For more on Nokia’s quarter: read this press release (pdf)
Dalai Lama receives US Congressional Gold Medal
Filed under: Americas, Asia-Pacific, Government, Peace, People
Oct. 17: US President Bush gave the Congressional Gold Medal to the Dalai Lama – it’s one of the highest US honors. The Dalai Lama has been living in India and working from peace from there. Bush called on China to open talks with the exiled spiritual leader. China, however, views the Dalai Lama as a separatist and traitor, and condemned the US Congressional award as interference in China’s internal affairs. But at a news conference earlier in the day, President Bush said that he did not think his attendance at the ceremony would damage U.S. relations with China. Jon Decker reports.