Nokia: Wired for Profits

The mobile-phone maker's global strategy of blanketing many markets with hundreds of models is paying off in spades

Nokia's (NOK) dominance in the global cell-phone market seems unassailable. After arch-rival Motorola (MOT) posted its second straight quarterly loss last month, the Finnish giant announced on Aug. 2 a 57% increase in second-quarter operating profits, to $3.2 billion, while the company increased its global market share by four percentage points, to 38%.

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