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Nokia posts $834 million quarterly loss, smartphone share down to 35%


Nokia just posted a net loss of 559 million euro (834 million dollars) for the third quarter -- its first quarterly loss in a decade according to the AFP. The loss comes after a reported 20% drop in sales and 1.17 billion euros in write-downs, mostly for impairment charges on Nokia Siemens Networks. Nokia also said that its smartphone market share dropped to 35% versus 41% in the previous quarter. With fierce competition from Apple and RIM, and Palm just launching its Pre into Nokia's European stronghold, well, it's a good thing Nokia's branching out into untapped markets like single-core Atom-based netbooks.

Read -- Smartphone slip
Read -- First loss in a decade
Read -- Nokia Q3 statement

Nokia cuts market share targets as Q2 profits plummet


Ok Nokia, this is getting serious. The world's largest cellphone maker just announced a 66 percent yearly drop in Q2 profit while lowering its 2009 market share target for its cellphones. Originally, Nokia had expected market share to rise in 2009, presumably based on a successful launch of the N97 flagship device. However, outside of a core group of S60 diehards, the N97 has been universally panned in both reviews and user forums alike. And with nothing but rumors of an Atom-based Nokia netbook on the immediate horizon, well, let's just say that we're suddenly concerned about the health of our friends from Espoo.

Sluggish iPhone sales could lead to stiff fines for Russian operators


See folks, this is the kind of mess you end up with after you gleefully do a deal with the devil. According to a roundup of reports over at Unwired View, three of Russia's major mobile operators could be looking at massive (we're talking hundreds of millions of bucks) fines if they can't sell through their iPhone allotments, and unless a significant market shift happens within the next few months, that situation seems remarkably unlikely. We're told that Vimpelcom pledged to sell 1.5 million iPhones within two years, while Megafon committed to 1 million and MTS the same. Today, just 900,000 iPhones have been imported to Russia, with over half entering the country via grey market channels; we'll let you figure out the math there, but it ain't pretty for Russia's carriers. Of course, we're not shocked in the least -- after getting burnt by a bootable-but-not-usable iPhone over there, are you seriously going to give Apple another chance to win you over?

[Thanks, Staska]

Samsung: OLED screens on half of mobile phones within 5 years


Truthfully, we wouldn't put too much stock in that headline considering that Samsung Mobile Display, a company that makes its ends off of selling active-matrix OLEDs, is the source. But on the other hand, we can definitely see it coming to fruition. According to a new report, said outfit has stated that OLED screens of some sort will be on over half of all mobile phones (not just smartphones, mind you) within the next five years, and that these same power-sipping displays will be on 20 percent of digital cameras and 30 percent of portable game players (PSP2, anyone?) within the same window of time. While it may seem a bit far-fetched now, we actually have good reason to believe that OLED adoption will indeed skyrocket on the small scale; it's those big screen TVs that we're worried only our grandchildren will truly enjoy.

[Via OLED-Info]

LG looks to boost market share to 10 percent with low-end phones


Here's a concept: sell cheap, low-margin phones while the economy is in the dumps in order to grow market share. Brilliant, right? Believe it or not, that's the idea that's being pushed around at LG headquarters, as the company has revealed a goal of increasing its global handset market share to at least 10 percent during this year. The company does expect profits to shrink over the course of 2009, but it's still hoping for a high single-digit percent profit margin on mobiles, against 11 percent in 2008. According to Skott Ahn, President and CEO of Mobile Communications at LG: "Developed markets will definitely suffer some contraction, but there's a chance for growth in first-time buyers in emerging markets." So, what does LG really have to do to hit 10 percent? Maintain its sales volume at 2008's level, which was moving some 100.7 million across the globe.

Apple crosses the magical 1% mark in global phone market share


Look out, world -- Apple's on the hunt for that number one spot in worldwide mobile market share! Of course, it's got like a bazillion miles to go before it gets there, but achieving that magical 1 percent is always a day worth tearing up about. According to data in a recent ABI Research study, iPhones now make up 1.1 percent of all cellphones, which is a pretty nice bump from the 0.3 percent share the original iPhone held in 2007. As expected, Nokia's still making everyone else look bad with 38.6 percent, while Samsung (16.2 percent) notched the silver and Motorola / LG tied for third with 8.3 percent apiece. Number lovers can dive into the links below for more where this came from, and feel free to dispute the facts 'til your heart's content down in comments.

[Via Electronista]

Nokia and Motorola dominate China's smartphone market


Really, it's not even fair. A recent look at Q3 2008 smartphone sales in China has found that together, Nokia and Motorola encompass around 90% of all handsets sold in the nation (real ones, we presume). The CCID Consulting report also points out that Nokia's share alone is a dominating 69.3%, with its wide range of choices spanning from low-end to ultra-luxurious helping it to hook consumers from all walks of life. Picking up the silver is Moto with a respectable 19.9%, while Dopod snags the bronze with just 4.7%. Overall, handset sales in China were practically flat from Q2, which -- in today's world -- isn't particularly awful. For the number lovers out there (you know who you are), check the read link for even more statistics.

[Via mocoNews, image courtesy of SymbianWebBlog]

Samsung warns that the handset market ain't what it used to be

Echoing sentiments 'round the globe is Samsung, who evidently understands that Q4 and beyond will be much tougher for handset makers than in quarters past. According to spokesman James Chung, "the actual global market growth on a unit basis could come short of [Samsung's] initial forecast for 9% growth (in 2008)," and "as for next year, it is possible that the market could post a single-digit or even negative growth." Of course, it's not like any other cellphone maker has it too much easier, but for folks wondering if Sammy had some kind of magical elixir for generating positive numbers, we hate to say it doesn't.

[Via RCRWireless]

Nokia still atop global market share chart after Q3 2008


Nokia's market share may have slipped ever-so-slightly after a rough Q3, but that's not to say the current champ has been knocked from its throne -- far from it, actually. According to fresh numbers compiled by research firm IDC, Nokia's global market share after Q3 was 39.4%, while Samsung notched the silver with 17.3% and Sony Ericsson the bronze with 8.6%. Trailing the top trio was Motorola and LG with 8.5% and 7.7%, respectively. Each of the five still saw net gains when compared to Q3 2007 save for SE and Moto, which saw their market share slip 0.8% and 31.7%, respectively. Man, a 31.7% slide in twelve months -- is something wrong at Motorola's handset division, or have we just been living under a gigantic boulder for the last calender year?

Motorola clings to number one spot in US sales, RIM still rocking

Uh oh, Moto. Go 'head with your bad self. Just days after posting a meager profit (but a profit nonetheless) and maintaining your position in third in worldwide mobile market share, along comes a report claiming that you're still numero uno in the United States. While handset sales overall shot up 5.3% here in Q2, Motorola maintained a 26% share and managed to stare down at least a few naysayers. In related news, LG held tight to the silver with 22%, while RIM gained a double-digit market share increase thanks to sales of its oh-so-hot BlackBerry handset. Number nerds, feel free to tap the read link for even more fractions and decimals.

[Via RCRWireless]

Palm claims larger share of smartphone market, has Centro to thank


What's this? Some joyous news on the Palm front? No need to Windex your spectacles -- the aforementioned handset maker has indeed managed to up its share of the smartphone market from 7.9% in the fourth quarter to 13.4% today, largely thanks to the popularity of its Centro. In general, analysts seemed quite pleased by the gains, noting that it (along with RIM) were able to take advantage of the 7.5% skid experienced by Apple during the same period. Despite the recent gains, Palm's market share is still down from 23% in Q1 a year ago, but considering the sweeping slump in cellphone sales of late, we'd say this should still go down as a victory -- however minor -- for the firm.

[Via Palm InfoCenter]

Nokia outs first quarter earnings, market share slips just a bit


Can't win 'em all, we suppose. After a positively stellar fourth quarter of 2007 that saw Nokia grab a mind-boggling 40 percent of the world's mobile market share, the number one manufacturer slipped a smidge in the first quarter of this year, dropping down to 39 percent globally. That news is just one tidbit of a very interesting report that sees Nokia's year-over-year performance improve by a wide margin, while at the same time warning that the value of its mobile business is expected to decline versus 2007 thanks largely to the weak US dollar and a global economy that's been putting on the brakes as of late. Also of note is CEO Olli-Pekka Kallasvuo's comment that the company will have no "major new products" shipping in the second quarter, likely putting to rest any hopes that we'd see the N78 out before July -- unless the guy doesn't consider the N78 a major new product, which we think would be a pretty misguided belief. Nokia also notes here that it still expects to grow its market share overall in 2008 -- despite the 1 percent decline this quarter -- so any other players out there gunning at nabbing a piece of that profitable pie are going to have to keep the pressure on, it seems.

Motorola and Samsung steal Smartphone market from HTC?

Although Motorola's market share has been steadily sliding to the delight of Nokia and Samsung, DigiTimes would have you believe that Moto reigns supreme in the global Windows Mobile Smartphone segment. Citing "internal data from Microsoft," the oft-wrong, occasionally correct tattle-rag claims that HTC's share of the WinMo Standard space has declined leaving Moto with the largest market share -- beating Samsung by, "a small margin." This after HTC saw a 50% Smartphone domination during Microsoft's Jul 2006 - Jul 2007 fiscal year. HTC still maintains a 50% market share for WinMo Professional touch-screen devices. Of course, this could be true. After all, Moto has refocused their attention to high-margin, full-featured handsets at the expense of emerging markets and entry level yawners. And you can't swing an HTC Vox without knocking over a dozen Qs. Still, until we hear otherwise, take this rumor with a quarry-sized load of rock salt.

Nokia grabs 40% of global handset market, nets $2.6 billion in Q4


Although it does sound as if the much protested plant closing in Bochum, Germany will indeed leave around 2,300 workers sans a job, the street was still loving what Nokia had to talk about today. In its latest earnings report, the firm announced that it raked in €15.7 billion ($22.76 billion) in revenues and €1.8 billion ($2.6 billion) in net profit from October to December 2007. Furthermore, the firm managed to move a record 133.5 million handsets in the aforementioned period, which is up some 27-percent from Q4 a year earlier. That sales surge enabled the handset maker to grab hold of 40-percent of the global cellphone market, and apparently, bigwigs at the company aren't expecting things to plateau in 2008. Needless to say, things are pretty spirited in Helsinki right about now, so feel free to tag the links below for even more jaw-dropping figures.

Read - Nokia 4Q profits up 44 percent, market share reaches 40 per cent
Read - Nokia's Q4 2007 report

India leapfrogs USA to become Nokia's second largest market

No real shock here, but according to Nokia, India has just overtaken America as the handset maker's number two market. 'Course, China is still hanging tight to the top spot for now, but Nokia execs are expecting "demand to remain strong as India's user base surges." Interestingly, President Olli-Pekka Kallasvuo reportedly suggested that he didn't expect the demand in India to be limited to "low-cost phones," hinting that mid-range to high-end handsets may take off there after all. Oh, and Nokia had previously expected India to become its second largest market by volume "by 2010, if not sooner" -- so it looks like things are moving well ahead of schedule, eh?




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