Nokia: European handset-sales growth took a hit in '07
In filings with U.S. regulators, Nokia on Thursday estimated that the growth rate for sales of its handsets in Europe had shrunk to 3 percent in 2007 from 16 percent in 2006.
What's more, the company said its growth rates had cooled in the Middle East and Africa (to 19 percent from 68 percent in 2006), North America (to 6 percent from 13 percent), and Latin America (to 10 percent from 15 percent), Reuters notes.
The global picture wasn't quite as wearying for Nokia: 2007 sales in the Asia-Pacific region grew by 34 percent, and in China, … Read more