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Benedict Evans

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Nokia drops to third place in smartphones

Ouch. 

Nokia results are just out, and they’re terrible. Apart from everything else, it sold just 16.7m smartphones in the quarter. This means it sold less than Apple and less than half Android. 

iOS (~33.6m ) and Android (~37m) both sold more than twice as many smart devices as Nokia. Apple made almost 4x the revenue from iPhones ($13.3bn) as Nokia did from smartphones (€2.4bn/$3.4bn)

Of course, the picture would be equally bad if Nokia had chosen Android or stuck with Symbian/Meego instead of choosing Windows Phone - Nokia simply has no competitive devices in the mid range and high end of the market this year. 

    • #Nokia
  • 10 months ago
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  1. benedictevans posted this

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About

Ex tech/telco banking, ex TMT BD & strategy (Orange, C4, NBCU). Now looking for difficult things to do. I do real analysis elsewhere - this is really just a scrapbook to collect thoughts.

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