Nokia is continuing to secure high profits since its patent deal with Apple. Nokia’s share in the market has increased. It was not expected that Nokia will be able to get such positive response which has turned up the analyst expectations.

The numbers are quite encouraging as the shares have seen an increase of 5.5%. Also, Nokia said that they have seen 73% increase in its second quarter profit from the previous year. The recorded profits are $674 million whereas analysts forecasted 447 million euros.

Rajiv Suri, Nokia’s Chief Executive said, “We are actually taking some share in the market … early signs look quite promising in terms of market share development”.

Despite facing a huge struggle, Nokia has won back its market share. All thanks to its broad portfolio and the acquisition of Alcatel-Lucent for $15.6 billion in 2016. It has made Nokia less dependent on mobile broadband alone.