Nokia's market share, a good sign of things to come...

    Nokia is becoming a company that just cannot be stopped.  According to an article in the New York Times on January 25, 2008, Nokia has obtained an outstanding market share of 40% of the global handset market in the forth quarter.  Nokia said that they have sold 77.8 million phones in Asia, Africa, and the Middle East, almost doubling the 42.3 million sold in Europe and North America.  Nokia also claims to have sold over 133 million handsets from October to December.  Who would have thought that one company could have gained so much when holding only 20% market share back in 1997.

  View full article after the jump...

Also according to the article Olli-Pekka Kallasvuo, say that three times fast, the Nokia chief executive, stated "the company was well positioned to raise its market share further this year" and he also stated about developing a wireless service around, Navteq (maker of GPS software) a company Nokia scooped up on its path to global handset domination for a pocket change amount of $8.1 billion. Hmm, could this be a possible hint at some new mapping software for the N series in 08’?

 Well it seems most of what they have gained in market share had to come from somewhere, anybody want to guess, oh ok, I say Motorola.  Their market share dropped like a rock to only 12%. Also word on the street is that they may pull out of the handset market altogether.  This is a very good thing for all of us, because it just means the Nokia train will not stop producing top notch products for its consumers.   We can only wait and see what this locomotive of a company brings to table after the World Mobile Congress next week.  Hope to see great things in the future.  Also keep an eye on the News for updates.

Sources:

Gizmodo Article

Comments (2)

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why is this "a good sign of things to come..."
written by davidm, February 05, 2008

When companies get big, they get complacent. They don't feel obliged to be competitive, instead marking takes over. I feel no faith for nor do I have any vested interest in Nokia being successful. It's not like they provide lifetime device software updates. If Nokia comes out with new mapping software for "N series," it very likely won't work on my n95; they'll expect me to buy a whole new device for one feature. Nokia can't even be bothered to roll out n95 updates consistently (it can't be rocket science). Instead, when my device no longer does what I need, I will look for the best solution from any company, because it's clear Nokia is simply operating on that basis, offering 'disposable' solutions, rather than lifetime/lifestyle solutions.

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written by davidm, February 05, 2008

I meant "marketing" (not marking).

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