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geneven 2009-04-16 19:58
Nokia Optimistic Despite Problems
 
"The number of cellphones sold fell 45 percent in Latin America, 31 percent in North America and 27 percent in Africa and the Middle East. Elsewhere, the pace of decline was more moderate — 13 percent in Europe, 15 percent in China and 17.3 percent in the rest of Asia.
Nokia reiterated its expectation that industry sales would decline 10 percent this year from 2008."

From the New York Times.

I speculated awhile back that this sort of thing might affect Nokia's plans for new tablets. I still wonder.

YoDude 2009-04-16 20:11
Re: Nokia Optimistic Despite Problems
 
And yet...


Quote:
Originally Posted by April 16, 2009, 11:09AM EST
Investors looked past wretched sales and earnings to drive Nokia shares up 10% on signs of stabilization in the mobile-phone industry...

>>http://www.businessweek.com/globalbi...mpaign_id=yhoo

Some bits that night be relevant...

Quote:
The massive de-stocking in inventory is largely complete
Quote:
... the 5800 and other new feature-rich products helped the company boost its share in smartphones to 38% from 36% the previous quarter, according to market watcher Strategy Analytics.

The gain suggests that Nokia can continue to retake market share as it launches more new smartphones, such as the top-of-the-line touchscreen N97 due out in June. "Nokia is very good at moving features from the high end to the midrange and low end," says Mark McKechnie...

mobiledivide 2009-04-16 20:19
Re: Nokia Optimistic Despite Problems
 
It's been mentioned before that Maemo is a contender for a flagship smartphone platform for Nokia and I believe the tablets were a process put in place to test the viability of linux and open source. Nokia are hiring new developers as recently as this month.

The profit margins that Nokia make in a worldwide recession are I think relatively non consequential to maemo. As a result of those figures posted today Nokia stock leapt up by 7-8%, their stockholders are probably pretty happy with that.

mobiledivide 2009-04-16 20:22
Re: Nokia Optimistic Despite Problems
 
It's been mentioned before that Maemo is a contender for a flagship smartphone platform for Nokia and I believe the tablets were a process put in place to test the viability of linux and open source. Nokia are hiring new developers as recently as this month.

The profit margins that Nokia make in a worldwide recession are I think relatively non consequential to maemo. As a result of those figures posted today Nokia stock leapt up by 7-8%, their stockholders are probably pretty happy with that.


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