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Nokia shares dive after sales warning
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ericsson
2011-06-07 , 20:18
Banned | Posts: 974 | Thanked: 622 times | Joined on Oct 2010
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Originally Posted by
kevloral
http://press.nokia.com/2011/04/21/no...-eps-eur-0-09/
Interesting. The reason looks to be mostly decline of sales in Europe, due to Android I guess and to lesser extent the iPhone (the market for iphone is already saturated). What can I say but Nokia Nokia Nokia. But it is somewhat expected when thinking about it, the only worth while Symbian phone is the N8, and that phone is too expensive and (camera)geeky to compete with the hordes of cheaper and more catchy Android devices from SE, Samsung and HTC. I would expect the C7 and C6 to catch on more, but they look to be dead in the water.
If anything, this only proves that Elop is right, a major overhaul is needed, a new start with a portfolio made for the future.
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