<< This is probably a rebuttle to NOK's market share claims. >>
No doubt. Ericsson claims first "commercial" shipment March 2001, Nokia September 1, 2001.
Recently I did a scan of Ericsson's & Nokia's 20-F filings for 2001. Both have good explanations of how and when each recognize revenue on infrastructure on a "project basis" and essentially they are very similar methodologies.
[Ericsson may have not recognized revenue on some of these 10,000 - probably haven't]
It looks like Ericsson, however, has been recognizing revenue for 3G gear pretty much all of this year (about 8% of infra revenue YTD according to last quarterly earnings) while Nokia just clained revenue last quarter for the first time based (EUR 400 million) on milestones achieved ("single mode functionality") and hopes to recognize EUR 400 million on "dual- mode functionality" this quarter and another an additional EUR 100 million on additional gear with "single mode functionality".
<< I never would have dreamed that many would have been shipped by now.>>
It is a solid achivement. That's about 285 per carrier but that is misleading since some carriers probably have 5, 10, 50, 100, implemented.
I commented elsewhere:
This is Good News for the industry ...
• Ericsson's comprehensive interoperability testing program includes all major handset vendors. Handsets from several vendors, including Sony Ericsson Mobile, have now passed the interoperability program for use in networks from Ericsson.
• In March 2001, Ericsson became the first vendor to deliver commercial WCDMA systems. [Nokia was september 2001]
• Ericsson has to date shipped to more than 35 customers in 24 countries.
• Ericsson holds a leading 40 percent world market share of the estimated order values for WCDMA.
- Eric -
