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Nokia - Biggest Markets

|Includes:AAPL, HTCKF, MSFT, Nokia Corporation (NOK), SSNGY, SSNLF

All data is taken from Annual Reports

All data is in EUR Million

China overtook US in 2005 to become Nokia´s biggest market in terms of Net Sales. China is therefore considered naturally to be an important market for Nokia, Q1 sales in China will be very interesting from this perspective. YoY sales in China has declined dramatically in China mostly due to declining smartphone sales. Q1 saw Nokia releasing their new Lumia 920 and 820 on the Chinese market. Encouraging news regarding sell outs has circulated on the web, however this can be due to supply issues.

Top 10 major markets (Net Sales) 2003

USA 4475

UK 2693

GERMANY 2297

CHINA 2013

UAE 1886

INDIA 1062

ITALY 1003

FRANCE 1003

FRANCE 867

BRAZIL 805

SPAIN 748

2004

USA 3416

CHINA 2660

UK 2261

GERMANY 1730

INDIA 1364

BRAZIL 1091

RUSSIA 938

UAE 909

ITALY 884

SPAIN 768

2005

CHINA 3403

USA 2743

UK 2405

INDIA 2022

GERMANY 1982

RUSSIA 1410

ITALY 1160

SPAIN 923

SAUDI ARABIA 897

FRANCE 870

2006

CHINA 4913

USA 2815

INDIA 2713

UK 2425

GERMANY 2060

RUSSIA 1518

ITALY 1394

SPAIN 1139

INDONESIA 1069

BRAZIL 1044

2007

CHINA 5898

INDIA 3684

GERMANY 2641

UK 2574

USA 2124

RUSSIA 2012

SPAIN 1830

ITALY 1792

INDONESIA 1754

BRAZIL 1257

2008

CHINA 5916

INDIA 3719

UK 2382

GERMANY 2294

RUSSIA 2083

INDONESIA 2046

USA 1907

BRAZIL 1902

ITALY 1774

SPAIN 1497

2009

CHINA 5990

INDIA 2809

UK 1916

GERMANY 1733

USA 1731

RUSSIA 1528

INDONESIA 1458

SPAIN 1408

BRAZIL 1333

ITALY 1252

2010

CHINA 7149

INDIA 2952

GERMANY 2019

RUSSIA 1744

USA 1630

BRAZIL 1506

UK 1470

SPAIN 1313

ITALY 1266

INDONESIA 1157

2011

CHINA 6130

INDIA 2923

BRAZIL 1901

RUSSIA 1843

GERMANY 1606

JAPAN 1539

USA 1405

UK 996

ITALY 982

SPAIN 907

Disclosure: I am long NOK.

Stocks: NOK, SSNLF, SSNGY, AAPL, MSFT, HTCKF