In a report by ZDnet, it is hinted that Nokia may launch an Android phone or Windows Phone 7 soon. This is largely due to Nokia’s declining profits. Nokia’s market share was 32 percent in mobile devices in 2010, down from 34 percent in 2009. Nokia’s fourth-quarter sales were €12.7bn (£11bn), up six percent from a year ago. Fourth-quarter profit was €745m, down from €948m a year ago. The company also projected first-quarter profit margins of between seven and 10 percent, down from 11 percent in 2009.
In a conference call, Nokia chief executive Stephen Elop hinted that Android or Windows Phone 7 may be in the company’s future. Elop said “we must build, catalyse or join a competitive ecosystem”. Naturally, those comments led to the idea that Nokia might launch an Android phone and enter the US market.