Nokia Expected to Sell Around 10.5 Million Phone Units in Its First Year

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Oct 15, 2017
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Nokia is having quite a run ever since it has attempted a comeback in the smartphone industry. According to the latest data, the Finnish smartphone company is expected to selling around 10.5 million phone in its first year of global availability. That figure might be pale compared to what Apple and Samsung sell, but the fact that the company was able to come with a strong figure reveals that competitors should be prepared for another powerful rival in the making.

First Quarter for Nokia Only Saw Just 100,000 Units – Nokia 6 Had Only Been Launched During This Period

The Nokia 6 was the first very device of 2017 to feature the Android OS, followed by other devices released in the following months. Since this was the only smartphone HMD Global and Nokia had launched during the first quarter, the latest data reveals that the company only managed to sell around 100,000 units but things would end up looking very good for the firm.

nokia-8-7-5Related HMD Global Raises $100 Million in Funding to Sell More Nokia Phones in a Massive Market Expansion Move

However, the 10.5 million sales figure is expected to be reached by mid-2018, since this is the time that additional models will be released in the open, possibly a better 3310 successor. There is yet to be a sales tally provided for the Nokia 8, a device that competes with the likes of the OnePlus 5 from a design and hardware perspective.

However, the crown jewel will definitely be the Nokia 9, which sports a bezel-less display with a curved glass, putting it in direct competition with phones like the Galaxy S8, Galaxy S8+ and Galaxy Note 8.

nokia9-datasheet-2-400x742Related The Nokia 9 Will Feature Qualcomm’s Snapdragon 845, 8GB RAM And An Impressive Triple Camera Setup Suggests Latest Leak

2018 is expected to be an even difficult road for Nokia but HMD Global is relying on the success of mid-range handsets to pick up the market share and add to the sales numbers if the flagship phone market fails to deliver a positive response.

Do you think Nokia will become an even more successful company during the start of 2018? Tell us your thoughts down in the comments.

Source: Communities Dominate Brands

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