Carphone sales fall short of forecasts
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Carphone Warehouse, the mobile phone retailer and telecommunications group, has joined a growing band of consumer companies that missed sales targets over Christmas.
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Swedish telecommunication equipment maker Ericsson reported a gain in second quarter net earnings Friday but shares fell by more than four percent as its numbers came in short of market expectations.
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Even after being on the market for less than half a year, more iPhones sold in the fourth quarter than Windows Mobile phones in the U.S., according to research from Canalys.Canalys researchers estimate that&#160;the iPhone&#160;had 28 percent of the U.S. converged-device market in the fourth quarter of 2007. Research In Motion, with 41 percent, had the largest share of the market. Windows Mobile phones had 21 percent share of devices sold in the quarter, falling into third place behind Apple.Worldwide, the lineup is a bit different. Nokia, which typically dominates around the world but not in the U.S., sold 52.9 percent of smart phones worldwide in the fourth quarter. RIM grew its share of converged-device sales to 11.4 percent, up 121 percent over the same quarter in 2006. Despite its limited availability around the world, Apple took third place with 6.5 percent of the market, just barely squeaking ahead of&#160;struggling Motorola.Apple may have stirred renewed interest in smart phones in the U.S. Converged-device shipments, which include smart phones and wireless handhelds, grew 222 percent in the U.S. during the quarter, according to Canalys.The iPhone also did well in the Europe, Middle East, and Africa region, where it became available in three countries partway into the quarter. In the region, Apple came in fifth place behind Nokia, RIM, HTC, and Motorola, but beat out Sony Ericsson, Samsung and Palm, Canalys said.Apple&#39;s success as a new entrant is striking, but it will face challenges to keep its momentum going, said Canalys analyst Pete Cunningham in a statement. Historically, vendors with just one smart phone design, no matter how good, struggle, he said. That means Apple will have to create and refresh a portfolio of devices if it wants to increase its market share, he said.Beyond hardware, competition is continuing in the mobile operating system market. Worldwide Symbian, which credits most sales to Nokia, had 65 percent of the market, followed by Microsoft at 12 percent and RIM at 11 percent, for the fourth quarter, Canalys said.Despite all the buzz around mobile Linux, total Linux phone shipments in 2007 were essentially flat compared to 2006, Canalys found. In Asia Pacific, Motorola had a drop of 28 percent in its Linux smart phone shipments compared to 2006.Phone makers are trying to attract customers to smart phones, which carry a higher price tag than low-end feature phones. However, converged devices made up just 10 percent of the global phone market in 2007, the researchers found.
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Britain&#39;s Carphone Warehouse expects interim pre-tax profits of at least Â£27m sterling. First half trading is ahead of expectations on the back of a buoyant market, Europe&#39;s number one mobile phone retailer said in a trading statement today.
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Motorola Inc. is weighing the possible sale of its mobile unit after the company saw sales of its phones and other devices drop 33% during the last year.
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End of Zandr line cheers gloomy investors Motorola is forecasting another dreary quarter, citing poor sales in Asia and Europe for its lower-than-expected outlook.â¦
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Blog: In a conference call to talk about hardware problems, Microsoft also notes that it failed to hit its goal of selling 12 million units by the end of June.
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NOKIA&#39;S SALES SLIDE has been halted according to figures released by the Gartner Group. The analysts predict Nokia&#39;s share of the global market crept back to almost 30 per cent.
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The maker of corporate data storage equipment forecast better-than-expected 2008 revenue, but its shares fell after the VMware unit missed growth estimates.
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Mobile phone retailer Carphone Warehouse says recent trading has been better than expected thanks to "robust" demand.
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Analysts at IDC predict annual growth in mobile phone sales will drop below 10 percent this year, casting doubt on Nokia's more upbeat outlook for 2008.
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Budget competition from other consumer electronics devices is among factors lowering sales estimates.
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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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LONDON, October 6  - Carphone Warehouse (CPW.ISE), Europe&#39;s largest mobile phone retailer, has projected 33% year-over-year profit growth for 1H FY05, ahead of analysts&#39; forecasts.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Millions being unlocked - or gathering dust at Carphone Warehouse Analysts looking at both Apple's results and those posted by AT&amp;T - Apple's iPhone partner in the US - have noticed a large discrepancy in the figures.â¦
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The boom in mobile ringtones may be waning with the UK market set to shrink 20% in 2006, research suggests.