HTC passes Nokia in market cap

HTC logoHTC reached a milestone on Wednesday as it passed Nokia in market capitalization. Its total share value reached $33.8 billion, passing Nokia's $32.84 billion. The Taiwan phone maker had already passed RIM's $28.5 billion.

The achievement is notable for occurring in just a few years and almost all of it within the past two. Much of HTC's early history was spent making phones that were either completely rebadged for a carrier or were using Windows Mobile and usually relegated to slow sales. Its transition to Android quickly saw it surge in popularity to where it's now the fifth largest smartphone maker, having toppled veterans Motorola and Sony Ericsson.

Nokia's relatively stagnant share has been hurt by its overdependence on Symbian and relative slowness to change to meet competition from Android or iPhones. Its decision to transition over to Windows Phone has been considered a gamble but possibly a necessary one to generate interest amid rapidly shrinking market share and influence.

HTC is still significantly smaller than Apple both in device share and in market cap. As of Tuesday, Apple's market cap was about $312 billion, supported mostly by expectations surrounding its phone share but increasingly helped by the iPad and confidence in growing Mac share.

Source: Electronista

Tags: HTC, Nokia

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Consumer group recommends iPhone 8 over anniversary model
 
LTE connections wherever you go and instant waking should come to regular PCs, too
 
That fiction is slowly becoming a reality
 
The Snapdragon 845 octa-core SoC includes the Snapdragon X20 LTE modem
 
Human moderators can help make YouTube a safer place for everyone
 
Google says Progressive Web Apps are the future of app-like webpages
 
All 2018 models to sport the 'notch'
 
The biggest exchange in South Korea, where the BTC/KRW pair is at $14,700 now
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930
31      




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)