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Apple tops Nokia to become world's largest handset maker by revenue

post #1 of 102
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Apple crossed another major milestone in its second quarter of fiscal 2011, surpassing Nokia for the first time ever to become the world's largest phone vendor in terms of revenue.

The significant achievement was noted on Thursday by research firm Strategy Analytics. According to Reuters, Apple's iPhone revenue of $11.9 billion surpassed Nokia, which saw its revenue shrink to $9.4 billion.

"With strong volumes and high wholesale prices, the PC vendor has successfully captured revenue leadership of the total handset market in less than four years," analyst Alex Spektor said.

AppleInsider first reported in January that Apple had surpassed Nokia in terms of revenue. Those numbers were based solely on Nokia's Devices & Services division. But the company's total sales, with more than just smartphones, were over $11 billion.

Since then, Nokia's revenue has shrunk even further. Apple, meanwhile, has continued to grow, placing its entire phone business comfortably ahead of Nokia by more than $2 billion.

Apple on Wednesday announced that its quarterly profits increased 95 percent in the second quarter of fiscal 2011, which covers the January through March period. Apple was propelled by sales of 18.65 million iPhones, which grew 113 percent year over year.

iPhone sales for Apple continue to grow at an astronomical rate, as sales this past quarter were the company's best ever. The 18.65 million units sold even bested the previous holiday quarter, in which a then-record 16.2 million iPhones were sold.

While Apple has grown to new heights quarter after quarter, rival Nokia has struggled. The Finnish handset maker ousted its CEO last year, and made Microsoft veteran Stephen Elop its new chief executive.

In his short time at Nokia, Elop has made drastic moves, most notably the decision to abandon the "burning" Symbian platform and instead adopt Microsoft's Windows Phone for its new handsets. Nokia will transition to Microsoft's mobile operating system this year and next, as it moves away from Symbian.

Both Apple and Nokia are also entrenched in a number of lawsuits related to patents. The first shot in the legal battle was fired by Nokia in October 2009, when it accused Apple's iPhone of violating patents related to GSM and wireless LAN technology. It is believed that Nokia's losses in the market prompted the company to sue over the alleged use of 10 patented wireless standards in the iPhone.

Apple responded to Nokia with its own lawsuit, accusing the Finnish company of infringing on 13 iPhone-related patents. The battle of the two smartphone giants is expected to drag out for years, with both companies looking for a court hearing to be held in 2012. The U.S. International Trade Commission -- the group with which the complaints were filed -- has agreed to look into both Nokia's and Apple's complaints against the other.
post #2 of 102
Quote:
Originally Posted by AppleInsider View Post

Apple crossed another major milestone in its second quarter of fiscal 2011, surpassing Nokia for the first .

It's the beginning of the end.
post #3 of 102
Of course all the Apple haters will only look at the numbers sold.
Enjoying the new Mac Pro ... it's smokin'
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini.
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Enjoying the new Mac Pro ... it's smokin'
Been using Apple since Apple ][ - Long on AAPL so biased
nMac Pro 6 Core, MacBookPro i7, MacBookPro i5, iPhones 5 and 5s, iPad Air, 2013 Mac mini.
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post #4 of 102
Quote:
Originally Posted by digitalclips View Post

Of course all the Apple haters will only look at the numbers sold.

Numbers sold or not, it's clear which company is in control of the lions share of the actual monetary profits/revenue.
post #5 of 102
Quote:
Originally Posted by timmoe View Post

Nokia will regain the leadership because of the deal with Microsoft. Nokias Phone 7 will dominate. http://www.digitalundivide.com

Are yu being serious or just trolling?
post #6 of 102
Quote:
Originally Posted by zindako View Post

Are yu being serious or just trolling?

He has two posts in the counter. Let's make an educated guess, shall we?
post #7 of 102
Quote:
Originally Posted by zindako View Post

Are yu being serious or just trolling?

He's probably quoting Ballmer. Here's another chesnut: "There is no chance that the iPhone is going to get any significant market."
post #8 of 102
deleted
post #9 of 102
Quote:
Originally Posted by timmoe View Post

Nokia will regain the leadership because of the deal with Microsoft. Nokias Phone 7 will dominate. http://www.digitalundivide.com

Yeah thats likely...
post #10 of 102
Quote:
Originally Posted by stompy View Post

He's probably quoting Ballmer. Here's another chesnut: "There is no chance that the iPhone is going to get any significant market."

By golly - if Ballmer said it, it must be true.

<exit irony_mode>
post #11 of 102
I was hoping to see two comparison graphs side by side: volume and revenue (or better yet profitability).

It would be quite astonishing to see the volume/revenue comparison of each, and realize just how hard Nokia has to work to stay in the same spot.
post #12 of 102
Quote:
Originally Posted by timmoe View Post

I am serious. The force of Microsoft and Nokias combined is unbeatable.

It was already beat... twice... by Apple.
Apple had me at scrolling
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Apple had me at scrolling
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post #13 of 102
Quote:
Originally Posted by timmoe View Post

I am serious. The force of Microsoft and Nokias combined is unbeatable.


Use 'the force' Balmer (you'll need it).
post #14 of 102
Quote:
Originally Posted by monstrosity View Post

Use 'the force' Balmer (you'll need it).

Why does that bring up the image of the creepy old pedophile in Family Guy for me?
post #15 of 102
"Apple tops Nokia to become world's largest handset maker by revenue"

I.e., if you can convince consumers to pay the Apple tax, you can make a boatload of money...
post #16 of 102
Quote:
Originally Posted by xSamplex View Post

"Apple tops Nokia to become world's largest handset maker by revenue"

I.e., if you can convince consumers to pay the Apple tax, you can make a boatload of money...

post #17 of 102
Quote:
Originally Posted by timmoe View Post

Nokia will regain the leadership because of the deal with Microsoft. Nokias Phone 7 will dominate. http://www.digitalundivide.com

Geez! I see good things for the MS/Nokia deal and like WP7, yet I dont think that will happen.
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post #18 of 102
Quote:
Originally Posted by timmoe View Post

Nokia will regain the leadership because of the deal with Microsoft. Nokia’s Phone 7 will dominate. http://www.digitalundivide.com

Well, let's see. Microsoft hasn't taken market share without having copy and coerce since Windows and Office. They've had their ass handed to them by Apple with the iPod, the iPhone and now the iPad. Microsoft has been fumbling around in the dark since, making piss-poor moves over and over to no effect, period. (Don't get me started on the latest versions of Office and Windows).

Nokia? They're getting their ass beat so bad they've taken to suing Apple rather than rely on their R&D and marketing to get them to the top. I've yet to see anything from them close to the iPhone or even Android that would make me give up my iPhone.

Both of these companies merging is like throwing an anchor to a drowning man. They're both going down.
post #19 of 102
Quote:
Originally Posted by xSamplex View Post

..... if you can convince consumers to pay the Apple tax, you can make a boatload of money...

Hell, that's easy .... just make a product that's worth it. See how easy that was? What I don't get is how you, and others of the same ilk ... including other phone makers ... don't understand that. Of course, it's possible that you do ..... you just don't have an answer for it. This is not a good time for Apple haters, is it?
See, in the record business, you can show someone your song, and they don’t copy it. In the tech business, you show somebody your idea, and they steal it. (Jimmy Iovine)
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See, in the record business, you can show someone your song, and they don’t copy it. In the tech business, you show somebody your idea, and they steal it. (Jimmy Iovine)
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post #20 of 102
When the iPhone was first launched before Android became available, it was many Nokia fans decrying how Nokia phones were already ahead of the iPhone, and that the iPhone would never be accepted in Europe.

None of those people are around any more.
post #21 of 102
Its that simple huh..........


Quote:
Originally Posted by xSamplex View Post

I.e., if you can convince consumers to pay the Apple tax, you can make a boatload of money...
post #22 of 102
Quote:
Originally Posted by zindako View Post

Are yu being serious or just trolling?

No he is just pimping a shitty web site.

And ALL OF YOU re-quoting his link are helping him do it!
post #23 of 102
Quote:
Originally Posted by timmoe View Post

Nokia will regain the leadership because of the deal with Microsoft.

Relying on a Nokia and MS merger to rise to the top is kinda like a banker rounding up a whole lot of high risk/poor performing mortgage accounts (i.e. failures) ..... put them in a special account under a fancy name (can you say credit default swap) ... and sell them to a different "greedy banker" at a discount ...... Oh wait ....
See, in the record business, you can show someone your song, and they don’t copy it. In the tech business, you show somebody your idea, and they steal it. (Jimmy Iovine)
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See, in the record business, you can show someone your song, and they don’t copy it. In the tech business, you show somebody your idea, and they steal it. (Jimmy Iovine)
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post #24 of 102
Quote:
Originally Posted by TenoBell View Post

When the iPhone was first launched before Android became available, it was many Nokia fans decrying how Nokia phones were already ahead of the iPhone, and that the iPhone would never be accepted in Europe.

None of those people are around any more.

I remember that. Funny how they all disappeared now.
post #25 of 102
Quote:
Originally Posted by xSamplex View Post

"Apple tops Nokia to become world's largest handset maker by revenue"

I.e., if you can convince consumers to pay the Apple tax, you can make a boatload of money...

Ok but when you can get service at one of the many apple stores for free...it's not really a tax. You are just getting what you paid for..ie better performing hardware and better service.
post #26 of 102
Apple reports "The company sold 16 million iPhones and made $10.7 billion from the iPhone and accessories alone."

NOTE: "and accessories"

Nokia: "Nokia''s net sales jumped nine per cent to 10.39 billion euros in the first three months of this year. "

10.39 billion Euros = 15.184985 billion U.S. dollars

So where did this new number of 9bn come from perhaps they only chose to count the numbers that suited them.Even the new figure of $11.9 billion doesn't get close to Nokia's $15.2bn.

Kind of like that Jackass in congress talking about the allocation of money used by planned parenthood ....it is interesting how numbers are fudged to match Apple's best skill ........hype.
post #27 of 102
Quote:
Originally Posted by xSamplex View Post

"Apple tops Nokia to become world's largest handset maker by revenue"

I.e., if you can convince consumers to pay the Apple tax, you can make a boatload of money...

I paid Apple tax. My wife said iPhone is the only phone she ever loved (no kidding, she really said that). Guess it turns out alright.
post #28 of 102
Quote:
Originally Posted by timmoe View Post

I am serious. The force of Microsoft and Nokia’s combined is unbeatable.

Huh! You are really funny. But maybe big Ballmer equipped with Nokia's patent rubber boots may stop The evil imperium in cupertino.
post #29 of 102
Nice story, but irrelevant. (Quantity sold -- once past a certain number, to get obtain critical mass for developers and such -- would be even more irrelevant).

All that matters from a business standpoint is the cash flows. On that front, the non-Apple piece of the handset industry is pretty much a wasteland.
post #30 of 102
Quote:
Originally Posted by newbee View Post

Relying on a Nokia and MS merger to rise to the top is kinda like a banker rounding up a whole lot of high risk/poor performing mortgage accounts (i.e. failures) ..... put them in a special account under a fancy name (can you say credit default swap) ... and sell them to a different "greedy banker" at a discount ...... Oh wait ....

+1.
post #31 of 102
But I thought Android has won and it's over for Apple
post #32 of 102
Who didn't see this outcome from a mile away?

"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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"Apple should pull the plug on the iPhone."

John C. Dvorak, 2007
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post #33 of 102
Quote:
Originally Posted by Analytyx View Post

Apple reports "The company sold 16 million iPhones and made $10.7 billion from the iPhone and accessories alone."

NOTE: "and accessories"

Nokia: "Nokia''s net sales jumped nine per cent to 10.39 billion euros in the first three months of this year. "

10.39 billion Euros = 15.184985 billion U.S. dollars

So where did this new number of 9bn come from perhaps they only chose to count the numbers that suited them.Even the new figure of $11.9 billion doesn't get close to Nokia's $15.2bn.

Kind of like that Jackass in congress talking about the allocation of money used by planned parenthood ....it is interesting how numbers are fudged to match Apple's best skill ........hype.

I'm trying to play spot the jackass but I keep coming back to you. Clearly, Apple's report yesterday was 18.6M iphones, revenue $12Bn, net income $3Bn - JUST FOR IPHONE.

Nokia Q1 - 7.01Bn EUR (~$9.5Bn) for Devices and Services. Are you really going to compare the iPhone to Nokia including the network infrastructure business (~$5Bn) (and NAVTEQ licensing - $0.3Bn)?

$9.5Bn vs. $12Bn is the appropriate comparison.

PS Accessories are the difference between reported and calculated ASP - it is about $20 per unit (about 3-5% of the ASP) - not a significant change to the number - not enough to save NOK.

Back to the books for you...

PS +1 for the massively ironic name - Analytyx -
post #34 of 102
Quote:
Originally Posted by timmoe View Post

Microsoft and Nokia just signed a definitive agreement to partner on Windows Phone 7, formally beginning the relationship that will radically change the mobility landscape. This means that they will officially begin to kick asses.

I think there's a song for that... it's by Journey, it was used in the final episode of the Soprano's, the first episode of Glee, Target ads (I think)... c'mon it's on the tip of my tongue... tip-tonguey, tip-tonguey as our Inuit brethren would say.

C'mon, someone help me out...


PS OT but funny how one song gets used in 2 of the most defining series of recent times - one that ended an era (gritty, dark, compelling dramas that don't pander to advertisers see also the Wire, Battlestar Galactica, etc.) and one that launched one (the American Idol-ization of scripted TV). Personally I like both shows in their massively different ways (tho not Idol ).
post #35 of 102
Just signing a deal does not automatically = kicking ass. They have to execute an effective strategy and find success in the market. I wish them both the best.


Quote:
Originally Posted by timmoe View Post

Microsoft and Nokia just signed a definitive agreement to partner on Windows Phone 7, formally beginning the relationship that will radically change the mobility landscape. This means that they will officially begin to kick asses.
post #36 of 102
Quote:
Originally Posted by NasserAE View Post

I remember that. Funny how they all disappeared now.

Still here. And most of the arguments made at that stage were valid (lack of MMS, , 3G, Multitasking, etc.). Nokia was the more advanced device at that stage (at least feature wise) and still is penetration wise (though losing fast). Usability is another story.

Predicting the future is also another story. Very few succeed in that more that the lucky once or twice.

Regs, Jarkko

P.S. I wasn't registered on the site when the iPhone was launched....
post #37 of 102
Quote:
Originally Posted by jahonen View Post

Still here. And most of the arguments made at that stage were valid (lack of MMS, , 3G, Multitasking, etc.). Nokia was the more advanced device at that stage (at least feature wise) and still is penetration wise (though losing fast). Usability is another story.

Id argue that more advanced isnt an accurate description of Symbian compared to iPhone OS because comparing the number of features isnt a valid metric for advancement in and of itself.

iPhone OS was and is more advanced and we have proof of that with Nokia having dropped Symbian for WP7 and even creating MeeGo OS for their larger devices. The fact that Apple started with a solid foundation in which to build in says a lot about the company. No one else has yet to get cut/copy/paste right accept Apple.

I think MS has a good thing going, too, though its lacking features and its unclear if it will be a market success as of yet, but I think its a solid start that is only rivaled by iPhone OS.
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post #38 of 102
Quote:
Originally Posted by Capnbob View Post

I think there's a song for that... it's by Journey, it was used in the final episode of the Soprano's, the first episode of Glee, Target ads (I think)... c'mon it's on the tip of my tongue... tip-tonguey, tip-tonguey as our Inuit brethren would say.

C'mon, someone help me out....

There's an app for that....
post #39 of 102
Guys, please, when someone has an obvious spam link as their sig, or in the post itself, don't include it in your replies, because I then have to try to find every one and edit it out of the post.

Please go over your posts and delete it for me. Thanks.
post #40 of 102
Quote:
Originally Posted by Analytyx View Post

Apple reports "The company sold 16 million iPhones and made $10.7 billion from the iPhone and accessories alone."

NOTE: "and accessories"

Nokia: "Nokia''s net sales jumped nine per cent to 10.39 billion euros in the first three months of this year. "

10.39 billion Euros = 15.184985 billion U.S. dollars

So where did this new number of 9bn come from perhaps they only chose to count the numbers that suited them.Even the new figure of $11.9 billion doesn't get close to Nokia's $15.2bn.

Kind of like that Jackass in congress talking about the allocation of money used by planned parenthood ....it is interesting how numbers are fudged to match Apple's best skill ........hype.

You're confusing the numbers.

Here's the breakdown:

Nokia

Devices and services.......€7087
Navteq........................... 232

That's considered to be Nokia, as we think of them. But then there's the joint venture:

Nokia siemens Networks..€3171

That total is €10999. That's the number you're using. Most analysis of Nokia doesn't include that, as it's a separate company operating under the Nokia Group umbrella. Actually, so is Navteq, but I'm willing to give that to you, as they use the software on their phones.

So the numbers used here For Nokia are correct. Though Apple reported almost 19 million phones sold last quarter. And revenue from phones and accessories (Apple's case, and connectors, not exactly a major revenue source) last quarter was $12.3 billion.

You're quoting Apple sales and revenues for the iPhone from the holiday quarter, two quarters ago.
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