The Finnish company has been widely reported as saying that it hopes to sell more than 500 million mobile phones this year, which would represent two in every five handsets sold across the world.
Comments from its unit chief Rick Simonson predict a brighter outlook for Nokia which saw its market share in the US fall from a unchallenged 35 per cent back in 2002 to 7 per cent in 2009.
The sharp decline was seen soon after the launch of the Apple iPhone in 2007.
Nokia will face competition from a host of other handset manufacturers, each looking to tempt consumers to purchase its mobile phone.
Vodafone has revealed that all customers who pre-order the Apple iPhone ahead of its launch on the network on January 14th will receive free network-to-network calls.
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