Nokia Corporation (ADR) (NYSE:NOK) has been fighting an uphill battle in trying to get a bigger piece of the smartphone market with its new Lumia flagship handsets that run the Microsoft Corporation (NASDAQ:MSFT) Windows Phone 8 operating system. The company did report selling 4.4 million Lumias during the fourth quarter of 2012, when the handsets were not in worldwide distribution.
China is quickly becoming an economic superpower, and its population that is one-sixth of the world’s population makes the market fertile for smartphone competitors. And it seems that Nokia Corporation (ADR) (NYSE:NOK) has made at least a bit of an impact in the country. In the three months since Nokia launched the premium-priced Nokia Lumia handsets in China in early December, Nokia noted that it had sold two million handsets in the country. While not a large percentage in terms of the overall marketplace, to have that many sold in just three months in just one country is at least reasonably impressive for a smartphone that is not from Apple Inc. (NASDAQ:AAPL). And this milestone was achieved even as there were reported supply shortages of the handsets near the end of 2012.
Based on that, is it possible that the Nokia Corporation (ADR) (NYSE:NOK) Lumia-Microsoft Corporation (NASDAQ:MSFT) Windows Phone alliance just might have some legs and continue to grow? What do you think – is two million handsets in China a significant milestone for Nokia? Have you seen a Lumia and operated it? Are you a believer in Nokia Lumia and/or the Windows Phone OS? Give us your thoughts in the comments section below.
DISCLOSURE: I own no positions in any stock mentioned.
Please see these related NOK articles: