Nokia Dials N-Series For Profits

Om Malik, Thursday, August 2, 2007 at 10:49 AM PT Comments (8)

I got a chance to hang out with Nokia’s chief strategist and chief technology officer Tero Ojanperä before the start of our fire side chat at the Always On Conference in Palo Alto. He pointed out that Nokia was having tremendous success with its N-Series phones, especially the N95 which was one of the top selling phones in UK for a few weeks, selling for around $750-a-pop.

Apparently, that wasn’t the only phone from the N-Series that is selling well, and along with strong demand of E-Series (more corporate focused high-end mobile devices), Nokia managed to post a surprisingly strong financials for the second quarter ending July 31, 2007.

Nokia shipped over 9 million Nokia Nseries and almost 2 million Nokia Eseries devices during the second quarter 2007. The total sales from Multimedia-related phones (which includes N-Series) were around EUR 2.7 billion. The Finnish company gained an additional 4% of the total global mobile handset market share, and flumoxxed the analyst community. (Of course, the performance managed to paper over the whipping Ericsson is unleashing on its Nokia Siemens Networks’ unit.)

Tero, during our fireside chat, pointed out that while these N-Series phones represent the cutting edge of Nokia line-up today, in three years their features would be common place in low-end budget phones that sell in the emerging wireless societies. In his opinion, when that happens, the impact on web, Internet and mobile experience is going to be huge.

Related Posts:

* Our N95/N Series Coverage

* 12 Tips before you buy N95

8 comments so far

August 2nd, 2007
2:10 PM PT
David Haddad said:

Great news for application developers, Symbian and Java are standard on N/E series.

August 2nd, 2007
3:12 PM PT

[...] Ojanpera, Nokia’s chief strategist and CTO, gave Om Malik at the AlwaysOn conference some very positive numbers on the sales of N-Series & E-Series [...]

August 3rd, 2007
4:02 AM PT

[...] High-End Phones Are Tomorrow’s Basic PhonesGigaOm  recently had a conversation with Nokia’s chief strategist and chief technology officer Tero Ojanperä, who said that the [...]

August 3rd, 2007
5:49 AM PT
August 8th, 2007
10:30 PM PT

[...] has been a monster seller for Nokia. Nokia’s chief strategist and chief technology officer, Tero Ojanperä, told me that it [...]

September 7th, 2007
7:33 AM PT

[...] six months of 2007 from 24 million in 1H 2006, with a quarter of those sales coming from Japan. The recent success of Nokia N95 and E-Series phones has also helped Symbian boost its revenues to about $172 million. [...]

October 11th, 2007
10:11 PM PT

[...] horsepower. High end devices today are just approaching these requirements and will be commonplace soon For example, the iPhone has 128MB of DRAM and somewhere between a 400 to 600 MHz processor. It is [...]

October 21st, 2007
11:16 AM PT

[...] horsepower. High end devices today are just approaching these requirements and will be commonplace soon For example, the iPhone has 128MB of DRAM and somewhere between a 400 to 600 MHz processor. It is [...]

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