After Nokia reported weaker-than-expected sales and low margin for the first quarter, one analyst said the struggling smartphone maker needs to empower sales growth before driving up phone prices.
"It is more important for Nokia's prospective to get as many users as possible to buy the handset first and then later work on the brand and move up in the average sales price," lkka Rauvola, analyst at Danske Markets in Helsinki, told CNBC on Thursday.
The company said that regular mobile phones sales decreased to 55.8 million units and the average price for a Nokia handset was 47 euros for the latest quarter.