Motorola, Nokia & LG 3Q result

Both Motorola & Nokia sales up but profits drop

* Moto
"During the quarter, GSM infrastructure sales in the Europe, Middle East and Africa region were weaker than anticipated due to customer delays in capital spending," said Ed Zander, Motorola's chairman and CEO, in a prepared statement. Zander also pointed to lower sales of iDEN mobile devices as cause for the profit dip. MOTO shipped totaled 53.7 million at the end of the period, bumping the company's global handset market share to 22.4 percent.

* Nokia

Nokia experienced a surge in revenue, thanks to the company's global handset push as well as its multimedia and enterprise units. Profit, however, dipped 4.1 percent during the third quarter.

Sales for the quarter were up 20 percent, with its multimedia and enterprise units reporting sales growth of 45 percent and 27 percent, respectively. During the quarter, Nokia shipped 88.5 million phones, up from 66.6 million units in the same period a year ago.

Nokia calculates that its global market share of the handset market stood at 36 percent at the end of the quarter, up from 33 percent a year earlier. Strong performances in Latin America, China and Asia-Pacific helped increase Nokia's share, the company said.

*LG

LG mobile phone sales came in at 16.5 million in 3Q, up from 15.3 million in the previous quarter. LG shipped 10.5 million CDMA handsets, 5.6 million GSMs and 0.5 million WCDMAs. The LG Chocolate phone to ship 6 million units before the end of the year. The handset made its debut in Europe in May, and followed with a U.S. launch in August.