Cha2,
re: NOK - King of Handsets (Article about Q3 Handset Numbers)
<< Assume you will soon let us know your thoughts on "King Nokia". >>
Still not quite ready to publish my "Project Hunt" report on Nokia.
I have been waiting for some handset numbers to come in to confirm something I thought I knew, and trying to dig a little deeper into what Nokia is doing in its other divisions (some of which is also of great interest to me).
I just got the confirmation I was looking for.
3rd Quarter Numbers are in. They confirm that Nokia has legitimately achieved >2X market share to their next nearest competitor in a brutally competitive commodity market and that Nokia's competitors are being eaten up from below, but not impacting Nokia whose market share is growing.
Given the fact that handset sales are Nokia's core business (almost 70% of revenues ... last I saw was 67%), I am no longer hesitant to refer to them as King, although I hold Kings lightly.
Here are excerpts from the "news".
>> "Nokia Gains Market Share, Plans New Products"
January 05, 2001
by Rex Crum
upside.com
According to a report issued by research group Dataquest, Nokia's share of the worldwide mobile-phone market hit 30.6 percent in the third quarter of 2000. Nokia had a 27.5 percent stake of the market in the second quarter, according to Dataquest.
Dataquest said Nokia's mobile-phone market share is more than double that of Motorola (MOT), the No. 2 wireless-phone maker. Motorola's market share fell to 13.3 percent from 15.6 percent in the previous quarter. No. 3 company, Sweden's Ericsson (ERICY), also saw its market share fall, to 9.7 percent from 10.3 percent. Siemens, of Germany, was the only other mobile-phone maker in the top five to gain market share, with an 8.6 percent share, up from 5.5 percent in the second quarter. France's Alcatel (ALA) stayed constant at 5.6 percent. <<
- Eric - |
