Thursday, January 24, 2008
Nokia Grabs 40% Of Mobile Phone Market - InformationWeek
Nokia on Thursday reported that its worldwide mobile telephone marketplace share reached 40% inch the 4th one-fourth of last year, but the company's share declined in North United States compared with other regions.
Nokia stays the prima telephone shaper inch the world, but its addition inch marketplace share from 36% in the 4th one-fourth of 2006 to 40% in the 4th one-fourth of last twelvemonth is owed to because of significant growing in the Center East and Africa, and modest growing in Europe, Asia-Pacific, and Latin America, the telephone shaper said.
In North America, Nokia's marketplace share dropped to 5.1% inch the 4th quarter, compared with 5.9% inch the same time period in 2006. The telephone shaper it will revolve out six to 12 new telephones specifically for the U.S. marketplace this twelvemonth in order to recover its North American marketplace share. For example, Nokia that it will get merchandising the 8-GB version of its N95 multimedia system telephone in the United States.
Nokia's mobile telephone volumes in the 4th one-fourth were constrained because of constituent deficits resulting from high demand for Nokia products, the company said.
Nonetheless, Nokia's mobile telephone network gross sales grew 5% to 7.4 billion Euroes (about $10.9 billion), compared with 7.1 billion Euroes (about $10.5 billion) in the 4th one-fourth of 2006. Nokia also said it dropped its norm merchandising terms from 89 Euroes (about $131) in the 4th one-fourth of 2006 to 83 Euroes (about $123) in the 4th one-fourth of last year, and sold more than entry-level phones.
Earlier this week, Nokia introduced two for emerging marketplaces -- the 2600 classic and the 1209 -- both priced at less than $100. Nokia already started transportation the 2600 classic, which will be 65 Euroes (about $95), and it will go available during the first one-fourth of this year. The 1209 will be 35 Euroes (about $50) and will go available globally in the 2nd one-fourth of this year.
Overall Nokia had a successful last one-fourth in which nett income rose to 1.8 billion Euroes ($2.7 billion) from 1.3 billion Euroes (about $1.9 billion) a twelvemonth earlier, according to the company.
Meanwhile, Motorola -- the No. One telephone shaper in the United States -- in nett income this week. Motorola's fourth-quarter nett income drop 84% to $100 million from $623 million a twelvemonth earlier. Gross also declined 18% to $9.65 billion from $11.79 billion. Motorola blamed the diminution on jobs in its mobile French telephone division.
Labels: component shortages, europe asia, fourth quarter, gb version, Mobile Phone, mobile phone market, mobile phone market share, net sales, nokia products, s market, substantial growth
