Nokia Has Lost 20% of Smartphone Market Since Microsoft Partnership

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By Zoe Fox2013-09-03 19:26:36 UTC

Nokia's share of the smartphone market has been in rapid decline for several years. While at the start of 2010 nearly 40% of smartphone owners used Nokia devices, the company's market share has plummeted to below 5%.

A full 20% of Nokia's market share decline occurred after the Feb. 11, 2011, announcement that the company would be entering a strategic partnership with Microsoft.

See also: Hands On With the Nokia Lumia 1020

After much discussion of the implications Microsoft's $7.2 billion takeover of Nokia on Tuesday, Statista created this chart comparing Microsoft and Nokia's performances over the past two and a half years.

Where do you see Microsoft and Nokia heading in the future? Let us know in the comments below.

Image: Ville Mannikko/Bloomberg via Getty Images

Topics: Apps and Software, chart of the day, Microsoft, Mobile, Nokia, smartphone, Tech