How much is Nokia (NYSE: NOK) dominating the Microsoft (Nasdaq: MSFT) Windows Phone market? To put it simply: a lot.
Data out Friday from WMPoweruser showed Nokia accounted for 48 percent of the Windows Phone 7 market.
Research firm Canalys said WP7 shipments of 6.8 million units were low in 2011. With shipments around 2.85 million units during the fourth quarter of 2010, the total comes to 9.65 million handsets so far. By comparison, Apple (Nasdaq: AAPL) shipped 37 million iPhones in the calendar fourth-quarter of 2011 alone.
Nokia probably shipped about 1.2 million WP7 units in the fourth quarter, most of those Lumia handsets. With just 1.6 percent share of the total smartphone market, Canalys expects that number to increase in 2012 with the roll-out of new devices by Nokia.
Shares of Nokia are up 1.7 percent Friday afternoon.
We are deeply saddened to announce that Steve Appleton, Micron (Nasdaq: MU) Chairman and CEO, passed away this morning in a small plane accident in Boise. He was 51.
Our hearts go out to his wife, Dalynn, his children and his family during this tragic time.
Steve's passion and energy left an indelible mark on Micron, the Idaho community and the technology industry at large.
The company expects to provide additional information later today.
THQ (Nasdaq: THQI) today announced a strategic agreement with digital development studio Innovative Leisure, a new company formed by games industry veterans. The agreement will focus on creating and publishing digital games available through digital and mobile platforms. The agreement gives THQ the right to publish multiple Innovative Leisure titles starting in 2012.
Shares of Netflix (Nasdaq: NFLX) have been volatile over the last 15 or 20 minutes of trade as comments from CEO Reed Hastings in Toronto are hitting wires. The stock last traded at $127.01, up about 2.3 percent from Thursday's close.
Hastings said Netflix will not be getting into sports content or gaming, and instead focus "exclusively" on movies and TV shows. While the exec said Netflix's release in the UK and Ireland is "going great," he said the company's global expansion has a "long way to go."
Shares of YPF SA (NYSE: YPF) are moving to the downside following reports Argentina will suspend a program aimed boosting incentives for energy exploration and production.
Savings of about 2 billion pesos per year are expected.
YPF shares are about 6.5 percent lower Friday.
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