Nokia saw a bounce back in its summer results that still saw it lose its position as the top smartphone maker. It reduced its losses to $97.7 million based on a sudden rush of basic feature phones, which at 89.8 million were up eight percent from a year ago but a much larger 25 percent from just the spring. The company didn't directly explain the spike but saw its average phone price drop from $85 to $70 as the very lowest end phones offset smartphones.
