Nokia's sales increase in developing countries is most spectacular, with Asia (including China), the Middle East and Africa all near or over the 40% growth mark compared to Q3 2006. Europe grows at a smaller but respectable 16.9%. North American sales drop 1.7% year on year however, perhaps as expected from their weakest market.
Asia (not including China) was Nokia's largest market by volume in Q3 2007, pushing Europe into second place.
NOKIA MOBILE DEVICE VOLUME BY GEOGRAPHIC AREA | |||||
(million units) | Q3 2007 | Q3 2006 | YoY Change (%) | Q2 2007 | QoQ Change (%) |
Europe | 29.0 | 24.8 | 16.9 | 27.1 | 7.0 |
Middle East & Africa | 19.3 | 13.3 | 45.1 | 17.1 | 12.9 |
China | 18.9 | 13.8 | 37.0 | 15.9 | 18.9 |
Asia-Pacific | 29.5 | 20.9 | 41.1 | 25.6 | 15.2 |
North America | 5.4 | 5.8 | -1.7 | 4.1 | 39.0 |
Latin America | 9.6 | 9.9 | -3.0 | 11.0 | -12.7 |
Total | 111.7 | 88.5 | 26.2 | 100.8 | 10.8 |
Symbian-related highlights include:
- Nokia shipped over 9 million Nseries and 2 million Eseries phones during Q3 2007.
- The N70, N73 and N95 sold particularly well, as did the E65.
- Nokia Multimedia (the Nseries people) increased net sales by 23%, and operating profit grew by 57%.
- Nokia Enterprise (the Eseries people) increased net sales by 105% and went into operating profit by making €88 million, compared to an operating loss of €65 million in Q3 2006.
- The Ovi launch is mentioned, as is the Nokia Music Store and next gen N-Gage platform.
You can get a more detailed PDF of the press release by clicking here.