Samsung dropped Nokia from the top of the manufacturers and announced record profits for the first 3 months of 2012

The rise of Samsung continues unabated, since the announced financial results for the first quarter of 2012 is very impressive and is now the leading mobile phone maker Nokia throwing from the first position after 14 years.




Specifically, Samsung announced record profit of 8.85 trillion. won (about € 5.91 billion), almost twice those of the corresponding period last year, the company attaches to the huge increase in sales of mobile devices (smartphones / tablets) and televisions.

As regards the first manufacturers, according to the report of the Strategy Analytics, the Samsung has allocated 93.5 million phones in Q1 2012, while Nokia was second with 82.7 million devices.


"Shipments of Nokia globally fell by 24% to 82.7 million units in Q1 2012. The volumes declined because sales have stagnated in low-end featurephones in developing markets, but also because the high-end Lumia smartphones failed to replace the void left by the rapid retreat of Symbian smartphones. The Nokia was the largest appliance manufacturer in the world from 1998 to 2011 for 14 years before you hand over the reigns to Samsung this quarter "


We should note here that these figures relate to those available devices on the market and not selling.


Excellent omens for the Samsung and certainly the future looks bright with the upcoming presentation of Samsung Galaxy S III.

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Huge Nokia drop in the first quarter of the year

Nokia has released its financial results for the the first quarter of 2012 and unfortunately the numbers are disappointing. Apart from the total losses of $ 1.7 billion, an equally serious blow is the huge drop in sales in major Chinese market.




More specifically, in the period last year sales of Nokia in Greater China decreased by 62%, falling from 23.9 million units to 9.2. Counting and drops in prices, Nokia saw its revenues to decline by $ 1.9 billion to $ 577 million just in the last quarter.


The determining factor seems to be turning more and more Chinese Android devices like the iPhone despite the prohibitive price.


But the rest of the world things are much more favorable to Nokia, the company is experiencing significant decline in Europe (32%) and America (50%).

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