Nokia announces N-series sales of over 5m

Mobile phone maker Nokia has reported that it sold more than five million of its N-series multimedia phones since last year…

Mobile phone maker Nokia has reported that it sold more than five million of its N-series multimedia phones since last year.

Nokia unveiled three new models today to boost its presence in what is still a growing market.

Anssi Vanjoki, the head of Nokia's multimedia unit, said the Finnish company expects the multimedia phone market to grow to 100 million units in 2006 and to exceed 250 million in 2008.

The new N93 video camera model, with optical zoom, and the new N73 camera phone, which has a three-megapixel Carl Zeiss lens, are expected to hit the shelves in July, while the new N72 music phone is expected to be available in June.

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Nokia reported stronger-than-expected first-quarter sales and earnings last week, and it singled out the success of its N70 model as its biggest revenue-generating handset in the quarter.

Nokia said the N70 camera phone was the biggest-selling third-generation (3G) mobile in the world in the first three months of the year, making up about 10 per cent of the 3G market on its own.