As a result of the newly inked deal between Microsoft and Nokia, the Redmond-based software giant hopes to eventually sell 100 million Windows Phone devices annually. “We have dreams and aspirations that we can get to 100 million units per year with that single deal,” Microsoft s Chief Operating Officer Kevin Turner said during his presentation at the Microsoft Worldwide Partner Conference on Wednesday. Following Microsoft boss Steve Ballmer’s earlier admission that Windows Phone sales are still “very small,” it is now more apparent than ever that the Nokia deal can potentially make or break Microsoft’s mobile business. While there are already a handful of great devices on the market, other Windows Phone partners such as Samsung, HTC and LG are currently focusing the bulk of their efforts on Android-powered smartphones, leaving Windows Phone 7 as something of an afterthought. Android has continued to grow rapidly over the past eight months while Microsoft’s mobile OS share in the key U.S. market has actually dropped 35% since the introduction of Windows Phone 7 last November. Turner gave no indication as to how quickly Microsoft hopes to reach the 100 million-device milestone.
According to Taiwan Economic News, ASUS’ CEO Jerry Shen said that the company is poised to ship 300,000 units of its EeePad Transformer Android tablet this month. Those shipment figures, Shen argues, will exceed shipments of all other tablets, besides Apple’s iPad. ASUS took the wraps off of the EeePad Transformer in March, and it allows users to plug the tablet into an optional keyboard for a laptop or netbook-style experience. The device was hard to find in the United States initially, and the company ramped up production of the tablet in May. Shen also noted that his ASUS shipped 400,000 units in April and May.
HP finally revealed a launch date and pricing for its TouchPad tablet on Thursday and we have to say, we’re pretty excited. It’s no mystery that we’re fans of webOS, and we were definitely impressed with the device during our hands-on in San Francisco. JP Morgan analyst Mark Moskowitz argues that consumers in general aren’t
Shares of Nokia stock plummeted by as much as 12% on Tuesday as the Finnish cell phone maker lowered its second-quarter and full-year guidance for the 2011 calendar year. Nokia said competitive dynamics and market trends across multiple price categories will cause net sales of its devices and services to fall “substantially below” its previous projections of between 6.1 billion and 6.6 billion in the second quarter. The company also set operating margin will be well blow previous guidance, which sat between 6% and 9%. Nokia also stated that its full-year guidance is no longer valid. “Strategy transitions are difficult. We recognize the need to deliver great mobile products, and therefore we must accelerate the pace of our transition,” said CEO Stephen Elop in a statement. “Our teams are aligned, and we have increased confidence that we will ship our first Nokia product with Windows Phone in the fourth quarter 2011.” Nokia’s full press release can be seen below.
According to new data from IHS iSuppli, Apple’s smartphone market share increased 14.9% during the first quarter of this year more than any other phone maker. The Cupertino-based company had a 19.2% grip on the smartphone market and shipped 18.6 million units during the first quarter. Nokia, the global smartphone leader, shipped 24.2 million units during the quarter and maintained a 24.9% share of the smartphone market, down 14.5% sequentially. RIM outperformed the market and shipped 14.8 million smartphones, placing it in third place with a 15.2% share, up 4.2% sequentially. It was followed by Samsung (13% share, 12.6 million units shipped), and HTC (9.9% share, 9.6 million units shipped). Apple s smart phone market share in the first quarter was boosted by the introduction of its first iPhone model with [CDMA] as well as by the addition of Verizon Wireless as a carrier in the United States, said Tina Teng, senior analyst, wireless communications, for IHS. Not only did this allow Apple to expand its target market and boost shipments, it also placed additional pressure on rival smart phone brands including Motorola, Samsung, LG and HTC that focus on Verizon Wireless as a major customer. Hit the jump for the full release.
HTC is getting the job done. The company reported Q1 earnings this morning, and the Taiwanese handset maker saw staggering growth in nearly all metrics. During the first-quarter of 2011, the company shipped 9.7 million units, a 192% increase from the same quarter last year and a 6% increase from the previous holiday quarter. The company also posted revenues of NT$104.16 billion, up 174% year-over-year and 0.1% quarter-over-quarter. Gross profits and total assets also jumped 162.2% and 75.1% respectively year-over-year. Not a bad little quarter for HTC. The company expects shipments to be between 11 million and 11.5 million units in Q2, which would represent a 100+% increase year-over-year.
In a note to investors, RBC Capital Markets Managing Director Mike Abramsky echoed a notice from Research In Motion that cut the company’s quarterly outlook citing lower than expected smartphone sales. RIM now expects Q1 revenue “slightly below” original guidance due to pullback in shipments of smartphones and a lower average selling price. Shares of
In a note to investors on Wednesday, RBC Capital Markets General Manager Mike Abramsky suggested that sales of RIM’s new BlackBerry PlayBook tablet may be exceeding the company’s initial expectations. According to Abramsky, RIM may have increased the number of tablets on order from its manufacturing partners by as much as 100% to between 1.2
Strategy Analytics has published a report stating that Apple, Inc. has overtaken Nokia as the world’s largest handset vendor. “We estimate Apple’s wholesale revenues for its iPhone handset division stood at $11.9 billion in the first quarter of 2011,” said Alex Spektor, a Senior Analyst at the analytics firm. “Apple overtook Nokia for the first time, which recorded a lower $9.4 billion of wholesale handset revenues.” The report is determining the largest vendor by revenue earned during the first three months of 2011 as opposed to market capitalization, handsets in market, or employee numbers. “Nokia remains the world’s biggest handset maker in terms of shipments,” the brief continues. “Nokia said mobile device shipments rose 1% in the first quarter to 108.5 million, while Apple said it had sold 18.6 million iPhones over the same period.” The Boston-based firm writes that it “expects the number of phones sold with Android to overtake those with Apple’s system by late 2011″ although this cumulative figure would not, in all likelihood, put a single Android handset manufacture ahead of the iDevice maker in terms of revenue. Strategic Analytics also hypothesizes that Nokia’s partnership with Microsoft could catapult it back to the top revenue spot in subsequent quarters.
Nokia on Thursday reported earnings for the first quarter of 2011, which saw the Finnish giant’s smartphone market share dip below 30% for the first time in over a decade. Nokia shipped 24.2 million smartphones in the quarter, which is up a respectable 13% over the same quarter last year. But the market outgrew Nokia by a significant margin, leaving the company’s share of global smartphone shipments at 26% for the quarter. Nokia’s revenue grew by 9% to 10.4 billion sequentially, but operating profit dipped 14% from last quarter to 704 million a 35% decline compared to the first quarter last year. Nokia’s short-term outlook isn’t great: “Following a solid first quarter, we expect a more challenging second quarter,” said Nokia CEO Stephen Elop in a statement. ”However, we are encouraged by our roadmap of mobile phones and Symbian smartphones, which we will ship through the balance of the year. We are fully focused on delivering the needed accountability, speed and results to positively drive our future financial performance.” Nokia announced that it has entered into a definitive agreement with Microsoft ahead of schedule, but this statement might lead us to believe that agreement won’t bear any fruit in 2011. Hit the break for the full press release.
Apple on Wednesday reported earnings for the second quarter of fiscal 2011. Reports from Tuesday suggesting Apple might miss iPad sales estimates were accurate as Apple reported second-quarter sales of only 4.69 units compared to 7.33 million iPads last quarter. Analyst estimates fell between 6 and 8 million iPads for the March quarter. Apple’s iPhone sold 18.65 million units globally in the second quarter compared to 8.75 million units in the same quarter last year and 16.24 million units in the first quarter of fiscal 2011. iPod sales came in at 9.02 million units, down from 10.89 million in the second fiscal quarter of 2010 and 19.45 million last quarter. Wall Street was expecting 16 million iPhones and 9.9 million iPods in the quarter. Mac sales narrowly beat the Street’s estimates of 3.6 million units, totaling 3.67 million units in the March quarter, up from 2.94 million last year and down from 4.13 million from last quarter. Revenue for the second quarter came in at $24.67 billion and Apple recorded $5.99 billion in profit, up 95% from $3.07 billion in the same quarter last year. Apple noted in its earnings call that the earthquakes in Japan will not affect Apple’s supply chain or its products in the third quarter. The company’s full press release can be seen after the break.
Sony has kept its PlayStation 3 sales figures close to the vest, but on Friday the company officially announced shipment figures for its popular PlayStation 3 gaming console. Sony said that, as of March 29th, 2011, it has shipped 50 million PlayStation 3 consoles globally. Sony’s PlayStation Network, which allows users to download games, watch movies, and more, now has more than 75 million registered users in 59 countries around the globe. Sony also noted that it has shipped 8 million of its PlayStation Move motion controllers since the September 2010 launch. As of February, Microsoft’s Xbox 360 gaming console remained the most popular gaming console in the United States that’s no surprise given that it’s available at multiple price points, most of which are below that of the PS3. Hit the jump for Sony’s official announcement.
HTC’s market capitalization is expected to soon surpass NT$1 trillion according to a report on Wednesday from Taiwan Economic News. The company’s market cap recently passed the NT$900 million mark, and analysts believe it will grow beyond NT$1 trillion just below $35 billion USD this year. As HTC pushes out popular devices like the EVO 4G, Legend and Desire, the company’s shipments and revenue continue to grow; HTC shipped 25 million devices in 2010, a 111% increase over the prior year, and it forecasts revenue growth of 147% in 2011. Should HTC’s market cap surpass NT$1 trillion this year, it will be just the third company on the Taiwan Stock Exchange to reach the milestone, joining Taiwan Semiconductor Manufacturing Co., Ltd. and Foxconn parent company Hon Hai Precision Industry Co., Ltd.
HTC on Friday reported first-quarter 2011 earnings highlighted by profit that handily beat analysts’ estimates. Tremendous demand for the company’s popular Android smartphones such as the EVO 4G and ThunderBolt helped HTC record a first-quarter profit of NT$14.83 billion ($511 million) compared to analyst expectations of NT$12.99 billion. HTC said its first-quarter revenue grew 174%