Samsung to Nokia: Can you please get off my seat?
Samsung is due to release quarterly numbers on April 27. But even before that they must be more than elated to sit on the throne where Nokia used to from the past 14 years.
The anticipated Smartphone sales figure of Samsung is 88 million, from January through March and that would be 5 million more than what Nokia could during this tenure. Nokia has already revealed the quarterly numbers last Wednesday.
Its true Nokia have had tough times due to the dominance of Android and iOS, but its sales figures were still soaring due to the low and extreme low end phones. And that’s the area where it has dominated over all other fellow competitors, until now.
“After 14 years as the largest global mobile phone maker, getting knocked off the top spot will come as a bitter blow to Nokia,” reportedly said Ben Wood, head of research at CCS Insight, who has followed the industry since the 1990s.
“In contrast it will be greeted with euphoria by Samsung – they’ll be dancing from the boardroom to the factory floor,” continued Ben.
Sammy was a late comer. Nokia went on to became the World’s largest cellphone manufacturer in 1998 when it overtook Motorola. From there on, it consumed 40% of the market. Percentages were high even after inception of Apple’s revolutionary iPhone.
“I think it will hurt them from a PR perspective, but in reality it does not change anything: at the end of the day the problems are the same if they remain the No 1 or become the No 2,” reportedly said analyst Carolina Milanesi at Gartner.
Via Reuters
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