iPhone sales outgrow Nokia N8 by 6-to-1 in Europe

Six to one would be associated with a very uneven soccer game score in Europe, but in this case, it shows how sales of Apple's iPhone are rating against sales of Nokia's current flagship, the N8, according to Morgan Stanley analyst Patrick Standaert. The analyst used data from 150 phone stores in five European countries to come to that conclusion. Europe is one of Nokia's strongholds, but it seems that even there the company cannot match sales of the iPhone. Buyers were reportedly content with the Nokia N8, however many noted that the Ovi Store was still lacking in apps in comparison to the App Store.

The analyst pointed out that at such rates Nokia would sell 2.5 million units of its flagship in the fall months and a total of 9 million through 2011. According to a recent report by Gartner, Nokia still has the leading position in global smartphone sales with a market share of 36.6 per cent. If the Nokia N8 sells at the projected rates, Nokia's market share will fall to 35 per cent, which would still keep the Finns first.

Espoo went through a restructuring and a change in the company's management in an effort to regain its position in smartphone sales and since then there are some signs of hope as Ovi Store grew to some 3 million app downloads a day and has nearly 400,000 registered developers. Symbian^3 still suffers from not being fully touch optimized and its basic apps are not performing on par with what we see in Android and iOS. What do you think is the future for Nokia?

source: Electronista