Nokia, the largest maker of cellphones, said yesterday that its profit surged 85 percent in the third quarter as strong demand for low-cost phones in Africa, the Middle East and Asia lifted its share of the market to 39 percent.
Market share rose from 36 percent in the previous quarter as consumers in all regions except North and South America bought increasing numbers of entry-level phones costing less than 30 euros ($43). Increased demand outside the United States more than offset slight declines in the Americas.
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