What is the market share of Nokia?

Hence, Nokia was the second-largest feature phone brand in Q4 2020 with a 16% market share. However, it ranked distant 15th in the smartphone segment with a mere 0.7% market share.

Why did Nokia fail in 2007?

Failed to Adapt Despite knowing that there was more demand for software than hardware, Nokia stuck to their old ways and didn’t adapt to the changing environment. When Nokia eventually did realize their mistake, it was a little too late, because people moved on to Android and Apple’s phone.

How many phones did Nokia sell in 2007?

As for the device manufacturers, Nokia was the clear market leader in the last three months of 2007, selling over 133m phones to grab a 40.4% share of the market.

How much maximum market share Nokia Mobile had at its peak time?

Nokia’s global mobile phone market share peaked in 2008 at 38.6 percent.

What was the market share of Nokia phones in 2007?

According to figures from analyst firm Gartner, Nokia’s smartphone market share in 2007 was a dominant 49.4%. In subsequent years, it was 43.7%, then 41.1%, then 34.2%. In the first half of this year, it had plummeted to just 3%.

What is the stock price of Nokia Corporation?

Nokia Historical Annual Stock Price Data Year Average Stock Price Year Open Year High Annual % Change 2021 4.1974 3.8900 6.5500 22.76% 2020 3.9861 3.8700 5.1000 5.39% 2019 5.1065 5.7400 6.6000 -36.25% 2018 5.6200 4.7600 6.3800 24.89%

When did Nokia become a global mobile leader?

Over the years, Nokia has ventured into different markets. Nokia emerged as a global leader in the mobile market in the early days of the mobile and smartphone era. The company also played a key role in the development of GSM (Global System for Mobile Communications) in the late 1980s and early 1990s.

Who are the main competitors of Nokia network?

Huawei and Ericsson are also Nokia’s main competitors in the service provider network market. As of June 2019, Nokia’s share of the market was 16.1 percent. Nokia is also a major player in the IT network market.