Nokia is getting a better scenario

Credit: Reuters/Jussi Helttunen/Lehitikuva

Nokia, Finnish Company with portfolio of largest cell phone maker, is getting a better scenario.
Its smaller than expected fall in the third quarter, which may be either due to its price reduction or its sale of new phones in the target markets like India.
Shares of Nokia moved up by 10% to their greatest level since May.

Nokia reported that the next phone will be launched by the next week. Moreover, its Windows phone (smartphone) will be launched by the end of this year.
Nokia's sale increased in Asia, Africa and Middle East  resulting in the sale of 89.8 million basic mobile phones in the quarter.
Inspite of this upward movement, Nokia is still facing the challenges posed by other Mobile making companies.
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Reuters