Mobile Candy » marketshare http://www.mobilecandy.net Mobile News and Best Practices Fri, 19 Feb 2010 09:57:08 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Nokia loses to Apple in US http://www.mobilecandy.net/2009/11/nokia-loses-to-apple-in-us-68 http://www.mobilecandy.net/2009/11/nokia-loses-to-apple-in-us-68#comments Fri, 13 Nov 2009 05:21:02 +0000 Manoj Jasra http://www.mobilecandy.net/?p=68 Nokia, the market leader mobile manufacturer has been facing tough competition from iPhone. The smartphone segment thats on a rise is dominated by Apple’s iPhone and RIM’s BlackBerry. Though Nokia rules the mobile market in the world, the sales in US has not been able to keep pace with the rest of the world.

For the first time ever, Apple has exceeded Nokia’s profit in United States. While Nokia’s third quarter operating profit stood at $1.1 billion, in the same period iPhone has generated a profit of $1.6 billion.

“Nokia’s profit margin for its handset division has been shrinking during the global economic downturn in 2009,” said Neil Mawston, an analyst with Strategy Analytics. “We believe the United States, where Nokia now trails Apple in market share, is the key to Nokia’s recovery in 2010.”

Nokia has been trying hard to fight the stiff competition its facing from iPhone ever since iPhone was launched. The most recent N900 is being called as the iPhone killer and hope it will help Nokia get its place back.

Image Source: BindApple

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