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Nokia Q1 financials
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ericj23
2010-04-22 , 16:44
Posts: 51 | Thanked: 22 times | Joined on Jan 2010
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and very bad at the financial analysis - Nokia means nothin in the US - oh no you cry - last year US sales made up 5% of their market
The fact aht us sales are down to 4% is really rather unimportnat
Overall sales in Europe (their main market) are broadly in line with inflation and overall sales are up by 16%. So until Apple start selling in china (oh wait that will never happen as they are way to expensive!) Nokia have some captive markets
Android is the real threat but I think Nokia phones are not as slick as the iphone, but they are as touch screen aware and as slick as most android phones. My girly has a cheap Nokia - do you realise how powerful these things are - set Nav e-mail web browser etc. Once those get apps that will be the biggest market for selling them
Nokia are not in much danger of vanishing at the moment
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