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
posted Jan 24th 2008 6:36PM
40% that's a lot
Now with Motorola falling it seems that Samsung is the only one who can get Nokia, if only their low-end phone would come out as planned... But if the other companies don't watch out, Nokia can be taking half of the whole global market in few years(it goes the same vice versa, Nokia has to keep an eye out for its #1 place... mobile market is just so competitive)
40%? so what, it has no big deal in the US market..
DNA Records
http://www.vcao.net
Wow 40% aint bad and they should what over 400 million phones in 2007. I would think that it starts to be the best they can phone sales will of course go up all the time because of China and India, but 40% market share starts to be the amount when some want some thing different thought they still got usa to try....with current carrier situation i dont think Nokia even bothers.
1) @doze: don't drink and post, i don't know what the hell you just said.
2) i don't even like nokia but i still gotta say that is seriously amazing news!!! especially after reading about sprint, palm and motorolla. nokia's kicking ass and taking names.
Lol sorry trying to write it in the morning and editing the text with ipod touch...well try to encrypt it! ;)
This is funny because my dad is one of the only people I know who has a Nokia cell phone (he has a N73).
Actually, Nokia's HQ is in Espoo. ;)