Feeds

Savaged Nokia crops prices

Bargain phones to stem market share drop

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Nokia has responded to a steep decline in market share for mobile phones this year by slashing prices. Nokia's share measured by Strategy Analytics has dipped five percentage points in the past quarter to below thirty per cent. Last year Nokia garnered 38 per cent of all phones sold, almost three times its nearest rival.

Citing reports from the channel, the Financial Times said that phone prices were being trimmed by as much as 25 per cent across most models. Other reports cite cuts of between 15 and 20 per cent.

A bullish Motorola, which reported an unexpectedly strongest quarter this month, and Samsung each inch up by a percentage point, according to Strategy Analytics.

Nokia saw its share price plunge after reporting that its handset sales wouldn't meet expectations. The news prompted an ambulance-chasing class action from a specialist New York law firm. ®

Related stories

Motorola makes hay during Q1
Sony Ericsson pressures Nokia
Nokia issues sales warning
Nokia: sales slump caused by inadequate product range
Nokia blip prompts class action suit
Nokia warns of handset sales slip

Protecting against web application threats using SSL

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.