Nokia has long been known as one of the premiere handset makers on Earth with a staggering market share. Today, however, the news is not the same as Nokia has just posted a $834 million quarterly loss, but that’s not all.

The mega handset manufacturer also let us know that their smartphone market share is also down to 35% as compared to 41% in last quarter.

Is this the beginning of the end for Nokia? Perhaps once their N900 hits the market these numbers will be a bit different? Only time could tell.

via engadaget

Tags: Cell Phones, Loss, Market share, Nokia, Nokia, smartphone

After we’ve seen Nokia’s and Sony Ericsson’s Q2 reports, it’s clear that the mobile business wasn’t spared by the financial crisis. And while Sony Ericsson isn’t doing well at all, Nokia managed to keep its market share and get some profits. But the true winners seem to be RIM and Apple which hold just about 3% of the worldwide market. But they don’t seem to care since they managed to bring in 35% of the operating profits. That’s really impressive considering that the two companies are relatively new in the game. RIM and Apple have together surpassed Samsung and LG which hold about 30% of the market but managed to pull in just 20% of the profits.

What’s your next phone going to be?

via WSJ

Tags: Apple, Apple, LG, LG, Market share, Mobile News, Motorola, Nokia, profits, Research In Motion, RIM, Samsung, Samsung, Sony Ericsson

Nokia has announced the numbers for the second quarter of the year and they don’t look very good. Nokia has sold 103.2 million handsets in Q2 which is 11% better than in Q1. As for the global market share, Nokia still holds an impressive 38% in Q2 which is 1% better than in Q1. And you’d expect Nokia’s profits to be up too right? Well that’s not what happened folks! Are you ready for this? Nokia’s operating profit for Q2 was of just 775 million Euros. That sounds like a lot but that’s 66% less than last year. Net sales dropped 25% in Q2 compared to last year which amounts to 9.9 billion Euros.

The hottest Nokia phones were the 5800 and the E71. The 5800 XpressMusic sold in 3.7 million units in Q2 while the E71 sold in 5 million units since it was launched.

What is Nokia expecting for the third quarter? Well the company will maintain its market share but it also expects device volumes to decline by 10% from 2008 levels. We’ll be waiting to see similar reports from the other big names in the industry. Is any manufacturer doing better than in 2008?

via Nokia

Tags: 5800, E71, Market share, Mobile News, Nokia, Nokia, profits, Q2, report, sales, XpressMusic

Nokia is still the number one cell phone manufacturer out there. But the Finish company also took a hit last year. Q4 saw them sell 4% less phones than they did in Q3. That’s 113.1 million handsets compared to 117.8 million phones in Q3. Q4 2007 however has been a much better quarter for Nokia with 133.5 million devices hold. That’s a 15.3% year to year drop. But who’s counting?

In terms of market share, Nokia dropped 1% compared to Q3. Now Nokia has 37% of the global market which is still pretty impressive. So let’s speak about money then. Nokia reported a profit of 492 million Euro in Q4 2008 which is 80% less than the 2.5 billion Euro profit reported in Q4 2007. In spite of all these numbers, Nokia actually sold more phones in 2008 with 468.4 million units compared to the 437.1 million units in 2007.

How will Nokia do this year? Well the company says that the global mobile market will decrease with about 10% given the current economical conditions but we’re just in January now. 2009 is a long year.

Tags: Market share, Mobile News, Nokia, Nokia

Sony Ericsson is still doing poorly. It has announced their results for the third quarter. Sony Ericsson’s profit dropped a good 10% compared to last year’s third quarter. As for market share, they had just a tiny 8% share.

We’ve heard bad financial news about Sony Ericsson before and the company isn’t done with its problems yet. The company expects to reduce costs and operating expenses in order to recover by the second half of 2009.

Tags: 2009, Market share, Sony Ericsson, Uncategorized

Analysts expect Android sales to go up in the fourth quarter of this year. Strategy Analytics estimates about 10.5 million smartphones to be sold in the U.S. during that period. From those, 400,000 are expected to be G1 handsets from T-Mobile.
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Tags: Android, G1, Google, Google, HTC, Market share, T-Mobile, T-Mobile

This surely comes as a surprise. Nokia, which is currently the number one mobile-phone manufacturer, has reduced its market share outlook. Nokia will not give up its top position but it appears to have some problems.

Their problems seem to be the current state of the economy worldwide and Nokia’s decision to stay out of any price wars with the competition. Therefore Nokia is expecting it’s market share to drop this quarter from the previous 40%.

It’s not only Nokia that will report lower profits and share drops. Other mobile manufacturers and carriers will feel the same symptoms. Sony Ericsson had a very bad quarter and they might even go ahead and break up. Vodafone is also reporting rising costs and it will see profit loss in various markets. Chip manufacturers for mobile devices are also taking a hit so it would appear that everyone looses.

Despite the bad times Nokia will expect the total number of unit sales to grow by 10% more this year, which means it’s still going to make a profit. Whatever happens I am sure Nokia will do just fine in the mobile business for now. It’s others that I’d be worried about.

Tags: Market share, Mobile News, Nokia, Nokia, Other Brands