Nokia's Market Share in Smartphones is Growing
Last Updated on Thursday, 28 January 2010 19:31 Written by Venla Thursday, 28 January 2010 19:09
Nokia announced today the fourth quarter financial results and reported an operating profit of EUR 1.141 billion, with net sales EUR 12 billion. What is interesting from smartphone users' point of view is the fact that Nokia released double the amount of touchscreen devices in this last quarter than the previous period, thus increasing its smartphone marketshare from 35% to 40%. Among the top performers were the M97 Mini, 5800 and 5530. In case you are interested in all the numbers and results from Q4 2009 you can read them from here. Olli-Pekka Kallasvuo, Nokia CEO, was pleased with the result:
"We grew our market share in smartphones in the fourth quarter, driven by the successful launch of new touch and QWERTY models. Our performance in smartphones, combined with continuing success in the emerging markets, helped us increase sales in our Devices & Services unit, both quarter-on-quarter and year-on-year. Our solid results also owe a good deal to world class supply chain management and impressive sales execution...
Our focus remains firmly on execution, especially around user experience. Here I want to highlight our move to shake up the navigation market with free walk and drive navigation on our smartphones, a good example of how we are leveraging our assets to bring real benefits to consumers."
What do you think about Nokia's results and the fact that its smartphone market share rose 5%?
[via AllAboutSymbian and NokiaConversations]
Comments
RSS feed for comments to this post.