Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  Microsoft Corporation    MSFT   US5949181045

MICROSOFT CORPORATION (MSFT)

537
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Nokia Becomes World's No 1 Seller Of Windows Phones

02/24/2012 | 08:13am US/Eastern
Recommend:
0

Nokia Corp. (NOK), the world's largest handset maker, sold more smartphones powered by Microsoft Corp.'s (>> Microsoft Corporation) Windows Phone operating system than any other company in the fourth quarter of 2011, according to research from Strategy Analytics.

Nokia accounted for 900,000, or 33%, of the 2.7 million Windows Phone devices sold during the period.

"Microsoft smartphone shipments remain tiny, but they are showing tentative signs of growth. Nokia overtook HTC and others to become the world's largest Microsoft smartphone vendor... as distribution of its Lumia family expanded across numerous countries and operators," said Alex Spektor, associate director at Strategy Analytics.

Nokia's growth was driven by an expanded portfolio of Windows Phone 7 models such as the Lumia 800, an increased retail presence and highly visible marketing campaigns across several European and Asian countries, said Strategy Analytics.

The research firm said Nokia's Microsoft smartphone growth during the quarter was achieved partly by capturing market share from HTC Corp. (2498.TW), noting that HTC is also losing ground to Samsung Electronics Co. Ltd. (005930.SE) in the Android segment.

In October, Nokia launched two new Windows Phone devices, the Lumia 800 and the Lumia 710. The products came just eight months after the company agreed a partnership with Microsoft that made Windows Phone the operating system of choice in Nokia smartphones.

At 1205 GMT, shares in Nokia were up 4.9% at EUR4.30.

-By Jens Hansegard, Dow Jones Newswires; +46-8-5451-3095; jens.hansegard@dowjones.com

(Clare Hutchison contributed to this article.)

Recommend :
0
React to this article
Latest news on MICROSOFT CORPORATION
20m ago MICROSOFT : to Participate in Upcoming Events for the Financial Community
1d ago MICROSOFT : Government, Microsoft sign deal
1d ago STEVE BALLMER : Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers
1d ago MICROSOFT : Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers
1d ago MICROSOFT : Ex-Microsoft Boss Steve Ballmer Quits Board
1d ago MICROSOFT : Steve Ballmer steps down as board member at Microsoft
1d ago MICROSOFT : Saudi Airlines improves operations with Microsoft BI products
1d agoDJMICROSOFT : Steve Ballmer Steps Down From Microsoft Board -- Update
1d ago MICROSOFT : Former CEO Ballmer steps down from Microsoft board as he occupies ti..
1d ago MICROSOFT : Ballmer steps down from Microsoft board
Advertisement
Chart
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | 4-Traders
Income Statement Evolution
Microsoft Corporation : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF