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Nokia Q3 2007: global market share increases to 39% profits up by 85%

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Posted by Dogmann
Hi all

Just a few highlights from the report with a link to all the details as i really am not up to sifting through it all.

Mobile devices

In the third quarter 2007, the total mobile device volume achieved by our Mobile Phones, Multimedia and Enterprise Solutions business groups reached 111.7 million units, representing 26% year on year growth and an 11% sequential increase. The overall industry volume for the same period reached an estimated 286 million units, representing 17% year on year growth and a 9% sequential increase.


Converged device industry volumes increased to an estimated 31.7 million units, compared with 19.5 million units in the third quarter 2006. Nokia's own converged device volume rose to 16.0 million units, compared with 10.4 million units in the third quarter 2006. Nokia shipped well over 9 million Nokia N series and almost 2 million Nokia E series devices during the third quarter 2007.

Nokia Multimedia (the N series people) increased net sales by 23%, and operating profit grew by 57%.

Nokia Enterprise (the E series people) increased net sales by 105% and went into operating profit by making €88 million, compared to an operating loss of €65 million in Q3 2006.


As there is just far to much information to re post here for the whole report follow the below link

http://www.nokia.com/A4136001?newsid=1160942


Marc




_________________
Nokia E61, 2gb Sandisk, Fring, Tom Tom 6


Honoured to have won BEST DEBATER

[ This Message was edited by: Dogmann on 2007-10-19 20:44 ]


Posted by KingBooker5
it looks like sony ericssons biggest fanboy plankgaton will have somthing to say lol. Just joking mate

well done nokia

Posted by QVGA

On 2007-10-19 19:54:10, KingBooker5 wrote:
it looks like sony ericssons biggest fanboy plankgaton will have somthing to say lol. Just joking mate

well done nokia

no i dont think that was a joke, you're pretty much right on the money!

i think its only going to get better for nokia in 2008.

Posted by Dogmann
@KingBoxer5 & QVGA

Well it's just as well i didn't highlight these point then isn't it !!

Based on our preliminary market estimate, Nokia's market share for the third quarter 2007 was 39%, compared with 36% in the third quarter 2006 and 38% in the second quarter 2007. Nokia's year on year market share increase was driven primarily by strong gains in Europe, Middle East & Africa, Asia-Pacific and China. Nokia's market share decreased year on year in Latin America and North America. Nokia had strong sequential market share gains in North America and to a lesser degree in China and Asia-Pacific. Nokia's market share decreased sequentially in Europe, Latin America and Middle East & Africa.


Because i was sure i saw that these where the very same markets that SE were gaining and growing in at the expense of all others strange that isn't it.


Marc

_________________
Nokia E61, 2gb Sandisk, Fring, Tom Tom 6


Honoured to have won BEST DEBATER


[ This Message was edited by: Dogmann on 2007-10-19 20:45 ]

Posted by BobaFett
the e series rules, thats a fact not only bizmen take it, more "normal" users like me and many other here, cos of the amazing features and support. nokia is tending to the symbian direction, s40 is also very popular

Posted by gola
great going SE see what happens when a company actually offers people what they want...

Posted by SMS
nokia sold 11million 6300's in the last 6 months!! that's about 42 nokia 6300 phone each minute.


[ This Message was edited by: SMS on 2007-10-20 11:25 ]

Posted by BobaFett
one of the reasons, even if many dont like nokia, at least to respect it. ppl dont buy tons of fones from a brand only cos of fun, nokia became a "standard" when it comes to mobile fones

Posted by shyam335
True,they set the benchmarks these days..


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