TechnologyTell

Nokia is the top Handset Maker in Q2

Sections: Cellphones, Communications

0
Print Friendly
Nokia is the top Handset Maker in Q2

According to a report from Gartner, Nokia sold more handsets in Q2 than anyone else in the mobile market. While their numbers were strong in the past quarter, Q3 might not be as successful considering the release of the new iPhone.

The report shows that Nokia’s strong sales are not a direct reflection of their new products, but rather retailers in Europe and China cutting prices to clear out Nokia inventory.

“The sales efforts of the channel, combined with Nokia’s greater concentration in retail and distributors’ sales, saw Nokia destock more than 9 million units overall and 5 million smartphones, helping it hold on to its position as the leading smartphone manufacturer by volume,” said Roberta Cozza, principal research analyst at Gartner, in a statement. “However, we will not see a repeat of this performance in the third quarter of 2011, as Nokia’s channel is pretty lean.”

Nokia sold 97.9 million units last quarter giving them a solid 22.8% market share. These numbers are have dropped considerably from 111.5 million units and a 30.3% share in Q2 of 2010.

The overall sales for mobile devices went up 16.5% to 428.7 million units in Q2 2011 when compared to last year.

Via [Mashable]

0
Print Friendly