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Nokia shares dive after sales warning
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volt
2011-06-02 , 00:55
Posts: 1,309 | Thanked: 1,187 times | Joined on Nov 2008
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Let's talk numbers:
Compare Q1 2010 to Q1 2011:
Symbian sales
increased
by 3.5 million units, up to 27.6 million units sold.
Microsoft sales
decreased
by 37.5 thousand units, down to 3.7 million units.
Now, who would you say, out of these two companies, needed a shift in strategy the most?
Hint: The
increase
in Symbian sales were about the same size as the
total
number of sold Windows Phones.
Sale numbers from Gartner:
By the way, last I saw, the stock were down on 1998 levels. In 1998, Nokia had 22.9% of a much smaller market. Back then, Nokia could not dream of the sales numbers they now fear. And what's the present value of a 1998 dollar?
Something is Wrong here.
Last edited by volt; 2011-06-02 at
01:02
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