Mobile & Wireless

Nokia expects to sell 500 mln handsets in 2010

Tuesday 5 January 2010 | 10:17 CET | News
Nokia will sell more than 500 million handsets this year, above market expectations, Nokia's mobile phone unit chief Rick Simonson told the Economic Times. This should result in an about 40 percent global market share, Simonson said in an interview. In a Reuters poll conducted in November, analysts' average forecast was that Nokia would sell 458 million phones in 2010, and 424 million in 2009. A Nokia spokesman said Simonson's comment was not a new forecast. On 2 December, Nokia forecast 10 percent growth in mobile phone market volumes this year, while its market share would remain roughly on par with 2009. Simonson also said he expected around half the mobile operating systems currently in use to survive in what is a fiercely competitive global market. There is definitely not enough room for more than 4-5 operating systems, he was quoted as saying. Nokia is focusing on three systems: S40 for mass market phones, Maemo for mobile computers and Symbian for smartphones. Simonson also revealed that Nokia currently has around 80 million users for its services and targets 115 million by mid-2010 and 300 million by the end of 2011. Nokia defines an active user as someone who has used a service at least once in the past six months.

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Categories: Mobile & Wireless
Companies: Nokia
Countries: World
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