nokia loses smartphone market share

Smartphone Market Share India – 2020 (Samsung loses, Xiaomi and Realme Gains) July 25, 2020 July 25, 2020 Shopping Monster Updated On 15-June-2020 – Here is the latest smartphone market share for Q1 2020 (Jan-Feb-Mar-2020) and as per counterpoint research, Xiaomi remains the #1 mobile brand in India with 30% Market Share. We still expect to be a sizeable player in China well into the future…”What’s needed now is not rhetoric, but a reason to believe that Nokia will remain a “sizeable player” in China. The spin doctors at Nokia, however, don’t seem to see it that way:With a quick glance at the vital stats surrounding Nokia stock, we definitely get a mixed picture. The lack of business from China Mobile may be a contributing factor in this regard.With zero China Mobile 5G contracts in hand, it’s going to be difficult to make Nokia’s shareholders care about the company’s 40-year track record or its “commitment” to China.It’s a problem that could weigh on the share price for the remainder of 2020 and possibly even longer.Instead, the business was apportioned to Nokia’s direct competitors Huawei (57.2% awarded according to the number of base stations), ZTE (28.7%) and Ericsson (11.5%). Smartphone Market Share India – 2020 (Samsung loses, Xiaomi and Realme Gains) Posted on 15/06/2020 22/06/2020. Author Kanuj Sharma. What Nokia’s stakeholders should demand from the company is a specific plan to regain market share in China’s telecom market. 1125 N. Charles St, Baltimore, MD 21201.©2020 InvestorPlace Media, LLCArticle printed from InvestorPlace Media, https://investorplace.com/2020/07/nokia-stock-will-struggle-without-china-mobile-business/.Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. OS: They took too long to give up their homegrown Symbian OS and switch to Windows. 1125 N. Charles St, Baltimore, MD 21201.Trailing 12-month earnings per share of  approximately negative 19 cents is not very encouraging, however. Top 10 brands accounted for 76% of the smartphone volumes in Q1 2018. (Reporting by Kate Holton; Editing by Mark Potter)They are crucial to Nokia’s future as it defends its leading market share in emerging economies such as India and Africa, while struggling to keep up in the smartphone race.Gartner said smartphones accounted for 49.3 percent of sales of mobile phones globally, up from 44 percent in the fourth quarter of 2012.“Either way the prospect of longer replacement cycles is certainly not a good news for both vendors and carriers looking to move users forward.”Those figures followed a 13 percent rise in sales by Samsung, a 16 percent increase by Apple, and a 24 percent fall by Nokia, compared with the same period last year.Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday.So-called “smart feature phones” like those in Nokia’s Asha range have limited smartphone capabilities such as Internet and email access and touch screens but are cheaper than the likes of Samsung’s high-end Galaxy models or Apple’s iPhone.“Nokia’s mobile phone share dropped 4.9 percentage points in the first quarter of 2013 mainly due to a steep decline in feature phone sales,” said Gartner in its quarterly report on the industry, which is closely watched for moves among vendors.Overall global sales figures for mobile phones rose 0.7 percent in the first three months of the year, driven by demand for smartphones and strong growth in the Asia Pacific region which helped to offset much weaker sales elsewhere.“Although Nokia’s Windows Phone sales have sequentially improved, reaching a volume of 5.1 million units, Nokia is yet to see high growth in the smartphone segment.

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