Nokia just released it's second quarter financials and the following items of interest show just what the company is doing with respect to mobile, location-based services... 406 000 Nokia Maps downloads to date!

Nokia Q2 2008 Net Sales EUR 13.2 Billion, EPS EUR 0.36 excl. Special Items (Reported EPS EUR 0.29)

Nokia expects NAVTEQ to be slightly dilutive to EPS in 2008, approximately neutral in 2009 and accretive thereafter, excluding purchase price accounting related items arising from the NAVTEQ acquisition. On a reported basis, Nokia expects NAVTEQ to be slightly dilutive to EPS in 2008, 2009 and 2010, and accretive thereafter. Nokia currently expects to recognize approximately EUR 2 billion of intangibles related primarily to the navigable map database and customer relationships. We expect these intangibles to be amortized over approximately five years. Net of deferred taxes, we expect the impact on our Consolidated Profit and Loss Account of the purchase price accounting related items arising from the NAVTEQ acquisition to be approximately EUR 250 million on an annual basis.

Nokia now expects industry mobile device volumes in 2008 to grow 10% or
      more from the approximately 1.14 billion units Nokia estimated for
      2007. This is an update to Nokia's earlier estimation that industry
      mobile device volumes would grow approximately 10% in 2008.

n the second quarter 2008, the total mobile device volume of our Devices & Services group reached 122 million units, representing 21% year on year growth and a 6% sequential increase. The overall industry mobile device volume for the same period reached 303 million units based on Nokia's estimate, representing 15% year on year growth and a 3% sequential increase.


Nokia's second quarter 2008 reported operating profit decreased 38% to EUR 1.5 billion (including the EUR 460 million negative impact of special items), compared with EUR 2.4 billion in the second quarter 2007 (including the EUR 966 million net positive impact of special items).

Nokia mobile device volumes of 122 million units, up 21% year on year
      and up 6% sequentially.

    - Nokia estimated mobile device market share of 40%, up from 38% in Q2
      2007 and up from 39% sequentially.

We shipped over 10 million Nokia Nseries and almost 2 million Nokia Eseries devices during the second quarter 2008.

The following chart sets out our mobile device volumes for the periods indicated, as well as the year on year and sequential growth rates, by geographic area.

   
    NOKIA MOBILE DEVICE VOLUME BY GEOGRAPHIC AREA

    (million units)      Q2/2008   Q2/2007   YoY Change   Q1/2008 QoQ Change
    Europe                  27.1      27.1         0.0%    25.7       5.4%
    Middle East & Africa    21.1      17.1        23.4%    20.2       4.5%
    Greater China           17.6      15.9        10.7%    21.0     -16.2%
    Asia-Pacific            36.4      25.6        42.2%    34.1       6.7%
    North America            4.5       4.1         9.8%     2.6      73.1%
    Latin America           15.3      11.0        39.1%    11.9      28.6%
    Total                  122.0     100.8        21.0%   115.5       5.6%



Nokia Maps 2.0 - our next generation location based service - was released and downloaded over 406 000 times during the quarter.

See more at www.nokia.com/press/