Bangkok--23 Apr--UK Communications
Nokia, the world leader in mobile communications, today announced its business operation result for the first quarter of 2010. Nokia Q1 2010 net sales were EUR 9 billion (386 billion baht), up 3% year-on-year. Nokia estimated mobile device market share of 33% in Q1 2010,up 1% year-on-year.
"In Q1, Nokia delivered both year-on-year net sales and operating profit growth. We continue to face tough competition with respect to the high end of our mobile device portfolio.” said Olli-Pekka Kallasvuo, Nokia CEO.
“During the quarter, we also demonstrated our ability to deliver the Nokia smartphone experience to consumers on a global scale, with our smartphone shipments up by more than 50% year-on-year. The consumer response to the inclusion of our walk and drive navigation offering on our smartphones has been tremendous. Since launching in January, 10 million Nokia smartphone users around the world have downloaded the offering”. ", added Olli-Pekka Kallasvuo, Nokia CEO
In the first quarter 2010, Nokia mobile device volumes were 107.8 million units, up 16% year on year. Nokia grew its converged device market share to an estimated 41%, from an estimated 38% in Q1 2009.
Nokia converged mobile device (smartphone and mobile computer) volumes were 21.5 million units, up 57% year-on-year.
Of the total industry mobile device volumes, converged mobile device industry volumes in the first quarter 2010 increased to 52.6 million units, based on Nokia’s preliminary estimate, compared with an estimated 36.0 million units in the first quarter 2009 and 52.4 million units in the fourth quarter 2009.
Nokia continues to expect industry mobile device volumes to be up approximately 10% in 2010, compared to 2009.
* Exchange rate Baht 42.99 per Euro 1, as of April 22, 2010.
About Nokia
At Nokia, we are committed to connecting people. We combine advanced technology with personalized services that enable people to stay close to what matters to them. Every day, more than 1.2 billion people connect to one another with a Nokia device — from mobile phones to advanced smartphones and high-performance mobile computers. Today, Nokia is integrating its devices with innovative services through Ovi (www.ovi.com), including music, maps, apps, email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, while Nokia Siemens Networks provides equipment, services and solutions for communications networks globally.
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