Nokia profits from sale of $20 Nokia 105

You wouldn't think that much money could be made from selling a $20 phone; but a breakdown of the low-end Nokia 105 by IHS shows that even after paying $14.20 for the materials, components and manufacturing cost, the Finnish handset maker still makes a decent amount of money for each unit sold as the hardware and manufacturing margin works out to 29%...
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18. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

I believe in Nokia so much that I brought the stock. Nokia is my Powerball ticket.

21. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

Lol for your same I hope Nokia can make it through these tough times!

22. BraggingBob

Posts: 25; Member since: May 17, 2013

Are they really making money? You forgot to account for R&D cost, Marketing cost, royalties and warranty cost.

24. Sondae

Posts: 291; Member since: Jan 02, 2013

Some people are okay with with a low end specs like call and text like my relative. I guess nokia can get a lot of consumer with that beside Nokia is known for built and quality. Aside from that you dont have to worry about broken screen if you drop it and not afraid of being snached stolen because its not a pricy. Very handy when you travel just to keep in touch with your love one.

25. faizan-sharif

Posts: 98; Member since: Jun 26, 2013

used to buy all these Nokia phones as started to use phone but later i bought a phone from ZTE that was frm a company plan, tht just use our services and get the phone for free, was not a bad deal, but later i came to know that, that ZTE phone still rocks same like Nokia but as it has 10 days of battery timing, nokia never gave me this timing for my basic feature phone, this ZTE phone is superb in both stand by and calling time, but when it comes to higher end ZTE has no match with Nokia, had Nokia made few androids, i hardly believe we were going for samsung, but we shud not say this, just wait, what will be last decision Nokia will make

27. kindlefireowner

Posts: 504; Member since: Dec 05, 2011

ZTE? Seriously! You are comparing Nokia to ZTE. You just want to feel good about the money you wasted on that ZTE garbage phone.

37. faizan-sharif

Posts: 98; Member since: Jun 26, 2013

hahaha, no i am saying it was for free, and similar to Nokia, i love Nokia btw, and beside bad time came to Nokia , we kept using Nokia

36. Diazene

Posts: 129; Member since: May 01, 2013

39. Alan01

Posts: 617; Member since: Mar 21, 2012

Yes, thank you for the heads up. We have made the correction and we appreciate you letting us know. Alan F.

38. InspectorGadget80 unregistered

Not available in the u.s. that's sad NOKIA it would sell like hot cakes if u sell it here
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