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Nokia expects to beat fourth-quarter estimates

HELSINKI, Finland—Nokia said sales of its next-generation mobile phones indicate it will beat its fourth-quarter estimates, an indication the company is enjoying the Christmas boom.

The company said it expects its pro forma earnings per share to be in the high end of US$0.16 to US$0.18, although it will fall below the numbers of the same time last year when sales soared to unprecedented heights.

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