Nokia reports weaker than expected first quarter results
During Q1, Nokia sold 108 million handsets at an average price of 62 EUR. To show the effect of competition, last year the company sold 93 million units in the same period, but at a higher average selling price of 65 EUR. The company did manage to pick up a little market share according to estimates that show Nokia with a 33% piece of the mobile device market vs. 32% last year. The company has been trying to beat back the competition by offering items like free navigation on some models. There are also battles going on in the software area where Nokia has announced that its first handset to use the new Symbian 3 OS will be shipped later than expected in the third quarter. For the industry as a whole, Nokia forecasts 10% growth in handset shipments during 2010. Nokia's shares have declined by nearly 15% following the release of the report.
Posts: 544; Member since: Feb 09, 2010
posted on Oct 20, 2010, 1:46 AM 0
posted on Apr 22, 2010, 3:16 PM 0
posted on Apr 22, 2010, 3:27 PM 0
Posts: 1; Member since: Apr 22, 2010
posted on Apr 22, 2010, 4:57 PM 0
Posts: 980; Member since: Oct 24, 2009
posted on Apr 23, 2010, 3:00 PM 0
Posts: 872; Member since: Apr 20, 2009
posted on Apr 22, 2010, 5:48 PM 0
Posts: 108; Member since: Nov 26, 2009
posted on Apr 22, 2010, 11:26 PM 0
posted on Apr 23, 2010, 4:30 AM 0
13. Frankie Fish
Posts: 5; Member since: Apr 24, 2010
posted on Apr 24, 2010, 8:18 AM 0
posted on Apr 24, 2010, 2:58 PM 0
10. James Dang
Posts: 16; Member since: Oct 24, 2009
posted on Apr 23, 2010, 9:34 AM 0
PhoneArena Comments Rules
A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
- Off-topic talk - you must stick to the subject of discussion
- Trolling - see a description
- Flame wars
- Offensive, hate speech - if you want to say something, say it politely
- Spam/Advertisements - these posts are deleted
- Multiple accounts - one person can have only one account
- Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please, contact us.
Send a warning to post author
Send a warning to Selected user.
The user has 0 warnings currently.
Next warning will result in ban!
Ban user and delete all posts
Message to PhoneArena moderator (optional):