Nokia Poised To Continue Domination
12.12.07 - 12:56pm
Nokia currently controls 39 percent of the 1.1 billion global mobile phone business, and own 50 percent of the worlds smartphones. They are a force to be reckoned with and they are putting up the largest battle of all the mobile phone operators against Apple’s iPhone and Googles new open platformed Android.
“It’s very clear that Apple, Google, and other players are bringing in a lot of new directions,” Nokia’s CEO, Olli-Pekka Kallasvuo said in an interview with the New York Times. “Convergence is a nice, dandy word, but it means industries colliding.”
Kallasvuo says that Nokia is poised to continue their domination in spite of the drop in market share in the U.S. Nokia now only holds 10 percent of the U.S. market down from 28 percent five years ago. While Kallasvo said they are not going to outright copy Apple’s business of sharing revenue he did say they are looking to expand with a possible shared turnover model in new services provided. “We are interested in Internet communities, navigation and all kinds of entertainment. We will look into these areas and strike when an opportunity arises,” said Kallasvuo.
Nokia has recently purchased Navteq, a digital mapping company for 8.1 billion, and are running an OVI entertainment portal bypassing operators, as well as signing a deal with Universal to give their customers free music downloads for a year. Apple may have the number one phone, but Nokia is working on having the most applications and entertainment, free. The winner will be?….
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