Nokia loses sales, money, and market share in 2008 — but not hope

Nokia loses sales, money, and market share in 2008 -- but not hope

Nokia has announced its financial figures for 2008, and while the news is predictably not good, it is a bit better than we’ve seen from other players in the mobile space. The company’s overall sales were down 19 percent in Q4 of 2008 to €12.7 billion, while sales of devices and services were down 27 percent to €8.1 billion. Perhaps more troublingly it lost ground in the market share race, maintaining its number one position but dropping from 40 percent down to 37. While Nokia doesn’t exactly see any bright light at the end of this economic tunnel just yet, it does at least think it won’t lose any further ground in terms of market share. We’d love to hear what the good folks at Palm have to say about that.

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Nokia loses sales, money, and market share in 2008 — but not hope originally appeared on Engadget on Thu, 22 Jan 2009 09:42:00 EST. Please see our terms for use of feeds.

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LG overtakes Motorola for third place in global handset shipments

Half a year ago, Motorola was still clinging tight to the number three spot in terms of worldwide handset shipments, but boy — what a difference six months makes. According to numbers compiled by DigiTimes, LG Electronics managed to ship just over 100 million mobile phones in 2008, while Moto checked in with “just” 99.9 million shipped. That makes LG the third largest handset maker in terms of shipments, barely beating out Moto and Sony Ericsson who placed fourth and fifth, respectively. As expected, Nokia and Samsung are still holding down the top two spots, but it’s the continued slippage of Motorola that’s most significant here. You know what they say about being on rock bottom, right? We bet Motorola’s wondering if that mantra applies here.

[Via phonescoop]

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LG overtakes Motorola for third place in global handset shipments originally appeared on Engadget on Tue, 20 Jan 2009 12:57:00 EST. Please see our terms for use of feeds.

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Xbox Live Gold subscription on sale at Amazon for $29.97

You heard it right! Microsoft’s Xbox Live Gold subscription, which normally runs $50 annually, is being sold by Amazon right this very instant for $29.97. A similar discount was apparently going on at Buy.com last week, so we’re not sure what it all means, but we suppose it could mean that Microsoft might possibly be moving toward a lower price for the subscription (don’t hold your breath). We don’t really know “why” or “how” this has happened, but it “rules” and we’re looking forward to all the extra cash our avatar’s going to have in the coming year for new hats and fingerless gloves.

[Via PC World]

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Xbox Live Gold subscription on sale at Amazon for $29.97 originally appeared on Engadget on Mon, 19 Jan 2009 15:49:00 EST. Please see our terms for use of feeds.

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Sony sells its 50 millionth PlayStation 2 in North America

Joining the all-important 50 million club today is Sony, which has just recently moved its 50 millionth PlayStation 2 game console here in North America. For those with short-term memories, the PS2 hit the scene in the year 2000, well before the iPod, Windows XP and America’s current president took their rightful places. NPD numbers estimate that around 43 million of these 50 million units were sold here in the US of A, and if you’re really looking for some staggering numbers, get a load of this: In November 2008, 206,000 PS2s were moved in America, while just 172,000 more PS3s were sold in the same window. Talk about longevity / sluggish adoption, respectively.

Update: We meant 172,000, not 1,720,000.

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Sony sells its 50 millionth PlayStation 2 in North America originally appeared on Engadget on Wed, 14 Jan 2009 20:31:00 EST. Please see our terms for use of feeds.

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PC Market Sales Figures Are In! Apple in 3rd Place…

This article was written on July 19, 2007 by CyberNet.

Apple third placeSales figures for the PC Market have been updated and Apple fans have reason to celebrate after Apple has reclaimed their position as the third largest PC seller in the US market. How did the other PC vendors do? Here are the top five:

1. Dell – 28.4%
2. HP – 23.6%
3. Apple – 5.6% (tied with Gateway)
3. Gateway – 5.6% (tied with Apple)
4. Toshiba – 5.3%
5. Acer – 5.2%

While Apple did in fact come in third place, they have a long ways to go before they get to 2nd place with Dell and HP holding such a large chunk of the market. As Reg Hardware pointed out, back in the 80s and 90s, Apple managed to have a market share well above where they currently are. So while their days of commanding a double-digit share of the market are over, their current third-place rating in the U.S. is not too shabby.

Keep in mind that the rankings above are for the US market.  The worldwide results shake things up a bit. Here are the top five Worldwide PC vendors:

1. HP – 19.3%
2. Dell – 16.1%
3. Lenovo – 8.3%
4. Acer – 7.2%
5. Toshiba – 4.1%

Amazing how different the results are Worldwide versus in the US, isn’t it? So while Apple doesn’t even rank in the top five worldwide,  it wouldn’t surprise me if their market share here in the US continued to grow with people curious what Apple computers are all about. Afterall, the Apple brand has gotten a huge chunk of publicity lately with the iPhone.

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PS3 unable to hold its own against Wii, Xbox 360 this holiday season

Considering the way that the Wii flew off shelves last month, this next item probably won’t come as a shock to anyone. According to the Wall Street Journal, both Nintendo’s console and the Xbox 360 trounced the PS3 in holiday sales, with U.S. sales falling nine percent from this month last year. During this same period, sales doubled for the Wii and rose eight percent for the Xbox 360. Perhaps none of this should be a surprise, as Sony declined to cut prices on their system, while a lack of exclusive game titles and a number of inexpensive Blu-ray players went a long way towards making the PS3 the least attractive option in an already difficult retail climate. If anything, it looks like Sony won’t be able to rely on the console to help prop up a flagging electronics division that just announced it will be cutting thousands of jobs in a bid to boost profitability going into 2009. Happy New Year, indeed.

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PS3 unable to hold its own against Wii, Xbox 360 this holiday season originally appeared on Engadget on Mon, 29 Dec 2008 17:34:00 EST. Please see our terms for use of feeds.

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Surprise! Retail sales abysmal this holiday season

Perhaps it was a foregone conclusion — and the Black Friday body count was a rather ominous sign — but this holiday season, according to some poor sap interviewed by the Wall Street Journal, “retailers went from ‘Ho-ho’ to ‘Uh-oh’ to ‘Oh-no.'” (Way to make light of a serious issue, guy — that’s our job). Sales are down across the entire retail sector, from luxury goods (including jewelry sales, down 34.5 percent) to electronics and appliances (down 26.7 percent). This is all bad news for the likes of Circuit City, who is operating under Chapter 11 and could use the cash, but great news for bloggers like Business Pundit, who is having a field day with his parodic corporate logos, a few of which can be seen above. You know what they say: when life gives you lemons…

[Thanks, Agustin; image courtesy of Business Pundit]

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Surprise! Retail sales abysmal this holiday season originally appeared on Engadget on Sat, 27 Dec 2008 08:27:00 EST. Please see our terms for use of feeds.

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