updated 03:08 pm EST, Mon December 3, 2012
Lumia 920 surges in Europe off LTE capability
Early indicators seem to have Nokia's Lumia 920 giving the Finnish company a much needed sales boost, as some analysts have the 920 grabbing the number three spot among smartphones in the United States. Meanwhile, in Europe, the 920's ability to connect to more 4G LTE networks than Apple's iPhone may be helping Nokia's ability to compete in that market. The Lumia 920, which runs Microsoft's Windows Phone 8, is widely regarded as a must-win handset for Nokia, as the smartphone maker's fortunes have suffered badly in the face of stiff competition from Apple, Samsung, and others.
According to BGR, analyst firm Canaccord Genuity cites both short supply and solid sales as contributors to reports that the device is sold out in several US regions. Canaccord has the Lumia 920 in third place, behind Apple's iPhone 5 and Samsung's Galaxy S III, in US smartphone sales. The 920 is also said to be the third-best selling smartphone at AT&T, where it has been getting a serious marketing push and significant discounts.
Canaccord's analysis also points to strong sales in Europe, though still with caveats regarding initial supply. Still, the device has reportedly sold out in some outlets, in part due to an advantage it has over Apple's iPhone 5.
According to Bloomberg, Nokia's flagship phone is able to connect to far more European 4G LTE networks than can Apple's new iPhone, which only gets 4G LTE in Germany and the United Kingdom. Apple is said to have prioritized the US in designing the iPhone 5 due to broader coverage and more potential customers in that market. As yet, Apple has not announced any plans to add LTE frequencies to its iPhone 5 for European use, a fact that may leave the door open for competitors such as Nokia to regain ground.
Analysts from Strategy Analytics see Nokia selling five million Lumias in the fourth quarter, up from 2.9 million in the previous three months. It remains to be seen, though, whether the firm can leverage its early successes and regional competitive advantages into true gains in market share.