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Nokia Revised Down Global Handset Market Share For 2009 To 34% (NOK)

Written on Sun, 03/14/2010 - 1:29pm
By Chip Brian

3/14/2010- Nokia (NYSE:NOK) has revised down its global handset market share for 2009 from 38% to 34%, according to a Fierce Wireless report, which said the change was based on new methodology for measuring the handset industry.
The company said in a filing with the SEC that the new measurements more clearly outline new entrants to the mobile phone market.
Nokia said 1.26 billion handsets were shipped worldwide in 2009, compared with a previous estimate of 1.14 billion. The company also revised down each of its quarterly industry market share estimates for 2009.

Keywords: Nokia Market Share

Ticker(s): NOK

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