Traditionally a strong market for Finnish giant Nokia, reports suggest the Lumia 920 has sold out at most major retailers in Germany, causing a rare rise in Nokia's share price.
As detailed by Bloomberg, the news delivered via Nokia's Facebook page in Germany saw shares rise by as much as 5.5 percent to 2.23, which also helped break "the longest losing streak in almost a year" for the continent-wide Stoxx Europe 600 Index.
History repeating?
"We are pleased with the great interest on our new Lumia smartphones," detailed Nokia Germany, adding that "high demand" had resulted in a sell out.
The company claims it is working hard to ensure all the device is "available in Germany as quickly as possible."
Analysts are warning against pinpointing the reported sell-out as sign of a wider turnaround in Nokia's recent fortunes, however the 920 predecessors, the Lumia 800 and 900, also enjoyed strong sales early on in Germany.
Nonetheless, the Wall Street Journal has added that Amazon's sales chart will also make happy reading for those at the company's HQ in Espoo, Finland.
The site claims the black version of the 920 sold through AT&T in the US is the second-best selling device in the country.
[source: Bloomberg]
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