Symbian OS 2006 1st quarter results

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Symbian first quarter results 2006 showed increasing revenues and unit shipments. The company said 11.7 million devices running its software were shipped in the first quarter, up 73 percent from the nearly 6.8 million shipped in the year-ago quarter. The company’s revenues also increased over the period.

The company attributed the strong demand to sales by Nokia, Symbian’s largest shareholder, and by strong demand in Japan for wireless data services. Symbian said one million units are shipped per month in Japan.

Symbian is the leading OS for smart phones in terms of market share, but with smart phone prices high and adoption slow, the firm has placed new focus on high volumes of low-cost handsets. The company said it expects similar growth in the next couple years due to the mass-market approach.