Nokia regains share of global mobile handset market
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NEW YORK, December 3  - Nokia Corp (NOK.NYS) continued to regain lost market share in the global handset mobile segment for the second consecutive quarter in 3Q, driven by new models and price cuts, according to a study conducted by the
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GLOBAL handset sales rose to record levels in the second quarter, putting the industry on track to ship 650 million cell phones in 2004 as market leader Nokia halted its decline, a survey said.
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Mobile phone sales were up 26 percent in the third quarter, with Nokia (NYSE: NOK) solidifying its position as the leading manufacturer, while Samsung leapfrogged past Motorola (NYSE: MOT) for second in the global rankings.
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After a year of slumping sales, world-leading mobile phone maker Nokia reported better-than-expected fourth quarter and full-year 2004 results, prompting hopes that the company is on the road to recovery.
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(InfoWorld) - The number of mobile phone users worldwide will reach 3 billion next year instead of 2008, Nokia said, driven in part by a new trend in emerging markets. For the past year, operators and phone makers have been saying that the bulk of theirÂ future growthÂ will come from areas outside of the increasingly saturated mature markets. Nokia expects that in 2007, several regions, including China, Asia-Pacific, the Middle East, and Africa, will experience 15 percent growth. But Nokia is noticing the surprising trend of growth among customers in emerging markets who are upgrading their phones. Nokia estimates that this year, 52 percent of its sales in emerging markets will come from people who are replacing their phones, said Kai Oistamo, executive vice president and general manager of mobile phones for Nokia. Next year, that figure should grow to 60 percent, Nokia said. Oistamo, along with other senior Nokia executives, outlined the phone giant's strategies for pursuing growth in the next few years during its annual analyst meeting in Amsterdam on Tuesday. Phone users who replace their devices typically opt for higher-priced phones that offer more, Nokia finds, and that's true in emerging markets as well. In India, Nokia found that among buyers of phones that cost over â¬60 ($79), 21 percent were first-time mobile users and 41 percent were replacing existing phones, said Bill Seymour, Nokia's head of investor relations. In addition to a focus on the emerging markets, Nokia will also increasingly pursue mobile Web 2.0 applications. Computer users have demonstrated their interest in creating online content, through the growth of blogs, social networking sites and online video sites. "The significance of this megatrend to Nokia is obvious," said Nokia President and Chief Executive Officer Olli-Pekka Kallasvuo. "We are the key player in bringing this into the mobile environment." Nokia hopes toÂ extend some Web 2.0 applicationsÂ to mobile users and add value to them through location information or other offerings that are unique to mobility, he said. Nokia currently has 850 million users and around half of them have the capability to connect to the Internet, he said. "We can and we will monetize this by embracing the business models that already exist on the Net," he said. Some Nokia customers may soon access Web 2.0 applications from phones with a new design from Nokia. The company will increasingly focus on building very thin phones that don't skimp on functionality, said Oistamo. Motorola recently set off a new trend in ultra-thin phones with its successful Razr and now other phone makers like Nokia are following suit. At the event, Nokia introduced the Nokia 6300, one of its first handsets to exhibit the move toward thin phones. "It's a sneak preview of what else will come out in 2007," Oistamo said. In addition to thin phones, he expects phones that offer location-based services to also be popular next year.
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Nokia said Thursday that it had extended its share of the global cellphone market to 40 percent in the fourth quarter as profit surged 44 percent on rising sales abroad.
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Nokia , the world's largest  cellphone maker, said on Monday it had begun global shipments  of N81 and N81 8GB multimedia phones.
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Nokia&#39;s share of the mobile phone market edged back up above 30 percent in the third quarter, as global mobile phone sales jumped to 164.
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Nokia Corp. hopes to distinguish its products and regain lost market share by leading the mobile-device market in delivering cutting-edge bells-and-whistles on its new handsets, company executives
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Nokia, the world's top cellphone maker, reported a 57 percent rise in earnings per share in the October-to-December quarter, with booming demand in emerging markets boosting its global market share to 40 percent.
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Nokia announced Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) as it solidified its position as the leading mobile phone maker with 39 percent of the market.
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Nokia raised its earnings and revenue forecasts for the current quarter because of growing mobile phone sales, the first glimmer of good news in months for the besieged world leader in mobile phones.
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Nokia said that it had extended its dominant share of the global mobile phone market to a record 40 percent in the fourth quarter as profit surged 44 percent on rising sales.
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Global handset sales rose to record levels in the second quarter, putting the industry on track to ship 650 million cell phones in 2004 as market leader Nokia halted its decline, a survey said on Thursday.
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Nokia (NOK1V.HE), the world&#39;s largest  mobile phone maker, unveiled three new mobile handsets on  Monday intended to boost its offering of mid-range phones and  lift its global market share further from 36 percent.
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Nokia (NOK1V.HE), the world's largest  cell phone maker, expects replacement sales of cell phones to  continue gaining share of the total market in 2007, it said in  its filing with U.S. officials on Monday.
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Nokia, the world&#39;s largest maker of mobile phones, continued to regain lost market share in the third quarter with its global share of handset sales again rising above 30 per cent