Originally Posted by switch-hitter

Do you think the market has reached saturation point? Being panicked into doing something drastic because your market share is declining when the market is growing at the rate it is and countries like China and India have barely got started is exactly the kind of vanity that leads to self destruction. NOKIA had plenty of time and space to act rationally.

Originally Posted by gerbick

And you're quite mistaken my friend.

Let's keep numbers simple.

I once sold something for $1.00 in a 1 million lot - so 1 million dollars, and it cost me 50 cents to make each and advertise. The margin would be 50 cents on each, so half a million would go into my pocket.

I now sell something for $1.00 in a half million lot - so half a million dollars and it still cost me 50 cents to make each and advertise. The margin would be the same, so quarter of a million would go into my pocket.

If I want half a million to go into my pocket, I would either have to sell the product for higher, advertise it less but still sell, sell more, or find other ways to cut corners if my sales were lower than before and I want to pocket the same. Or diversify. Or expand to new areas.

Nokia's not doing any of the above. Their market share is shrinking meanwhile world population is growing. They might be charging higher for certain products, but those aren't selling high. The one thing that sold in mass quantities is on the decline because of prior announcements - read: Symbian.

So what are you saying? How would you boost your margins? Talking about it but never pointing it out doesn't exactly equate to making sense. Simply stated, make sense - exactly what do you think Nokia should do?

Because right now, their profits, their share and their margins are all shrinking - mainly because now they have to license a technology whereas they used to own all of the OS's they used.

Originally Posted by ossipena

what about the margins?

Originally Posted by gerbick

And you're quite mistaken my friend.

Let's keep numbers simple.

I once sold something for $1.00 in a 1 million lot - so 1 million dollars, and it cost me 50 cents to make each and advertise. The margin would be 50 cents on each, so half a million would go into my pocket.

I now sell something for $1.00 in a half million lot - so half a million dollars and it still cost me 50 cents to make each and advertise. The margin would be the same, so quarter of a million would go into my pocket.

If I want half a million to go into my pocket, I would either have to sell the product for higher, advertise it less but still sell, sell more, or find other ways to cut corners if my sales were lower than before and I want to pocket the same. Or diversify. Or expand to new areas.

Nokia's not doing any of the above. Their market share is shrinking meanwhile world population is growing. They might be charging higher for certain products, but those aren't selling high. The one thing that sold in mass quantities is on the decline because of prior announcements - read: Symbian.

So what are you saying? How would you boost your margins? Talking about it but never pointing it out doesn't exactly equate to making sense. Simply stated, make sense - exactly what do you think Nokia should do?

Because right now, their profits, their share and their margins are all shrinking - mainly because now they have to license a technology whereas they used to own all of the OS's they used.

Originally Posted by ossipena

what about the margins?

N9 sales seems to be climbing here

Originally Posted by Rugoz

I would say n9 sales are almost insignificant now compared to lumia sales. The lumia 800 is actually on the bestseller list in many countries. Was to be expected of course.

Originally Posted by ossipena

Running it down symbian releafs approximately 6800 employers nokia doesn't need to pay salary after this year.

Originally Posted by Joseph9560

I wonder which plan that is ($10)! I have recently got T-mobile, don't have much idea about US carriers. Got prepaid with voice only for a while (since almost all of the time I would be at home or office, I thought its not necessary to get data plan which I would merely be using, yet would love to know which plan that you are taking about).