Nokia posts $1.2 billion Q1 loss as sales plunge
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Global market share held by Nokia smartphones from 1st quarter to 2nd quarter Exclusive Premium Statistic. This statistic shows the global smartphone market share held by Nokia each quarter from to In the third quarter of , Nokia's market share was By the second quarter of the company's market share had slipped to just 3. The company has a long history dating as far back as and first began developing what would later be modern mobile phone technology in the s. The company has previously been a very strong competitor in the mobile phone and telecommunication market.
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While the company has struggled to maintain a significant share of the smartphone market, and has also recorded multiple losses in recent quarters , when it comes to feature phones, the company does maintain a relatively secure share of the market when compared to other vendors. The company also continues to perform well in the Asia-Pacific region as well as in the Middle East and Africa where they have previously recorded the greatest sales.
Across the North American market however, the company has recorded very poor sales. Previously Nokia used the operating system Symbian for its smartphones. The company was hoping to be able to make a comeback in the smartphone market with the adoption of the Windows operating system. In however, sales saw another decrease when compared to the previous 2 years. Full access to 1.
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Other interesting statistics. Market share held by smartphone OS in Italy , by month. Western Europe smartphone unit shipments Western Europe smartphone sales value Distribution of smartphone brands used for business purposes in Italy Statista Accounts: Access All Statistics. Basic Account. Your perfect start with Statista. Corporate Account. Corporate solution including all features. Prices do not include sales tax. Leading companies trust Statista: Statista is a great source of knowledge, and pretty helpful to manage the daily work.
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Android over 50% of smartphone sales as Nokia and RIM feel strain | Technology | The Guardian
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Smartphone market in Europe. Smartphone market in India. Smartphone usage in Spain. Smartphone market in Indonesia. Nokia hopes to remedy its slide with the new Windows Phone 7, launched in October, eight months after Elop announced a partnership with Microsoft Corp. Nokia says the Windows operating system will be the main platform in its new phones, phasing out the MeeGo and Symbian platforms, considered clumsy by many operators.
Nokia has since launched several versions of Windows-based Lumia phones. Still, sales of smartphones dropped to 12 million in the first quarter, from 24 million a year earlier, while volume sales of cellphones fell to 83 million from million in Elop, who described the first-quarter as disappointing, said Nokia had sold more than 2 million Windows-based Lumia phones in the first quarter and that it had a "clear sense of urgency to move our strategy forward even faster.
Samsung, Nokia, and Apple dominate phone sales in spring 2012
In , Nokia announced more than 10, layoffs to lower expenses and has not ruled out more cutbacks. The company has said it would not provide annual targets for since it was in a "year of transition. It said operating margins in the network operations - called Nokia Siemens Networks - would "clearly improve in the second quarter compared to the first quarter level of negative 5 percent," but it gave no figures. Last year, Nokia was still the world's top cellphone maker with annual unit sales of some million devices, but in the last quarter of the year it posted a net loss of EURO 1.
Nokia stock has fallen by half since Elop announced the deal with Microsoft, and it dropped to a year low of EURO 2. Explore further: Nokia loss tempered by Windows phone launch. Mobile phone maker Nokia Corp. AP -- Nokia Corp. Nokia Corp. Finnish handset maker Nokia Corp. The international ratings agency Moody's downgraded on Monday its ratings for the Finnish telephone maker Nokia owing to poor prospects for future sales.
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