Business Week weighs in on Nokia and Motorola’s lower profits this quarter
By Stefan Constantinescu on Friday, January 5th, 2007 at 8:51 PM PST In Financial/Corporate News
Where does this leave Nokia (NYSE: NOK)? Despite tough market conditions and continued concerns about prices and margins, most analysts believe the Finnish giant will continue to outpace rivals.
"Nokia can handle the price competition better," says analyst Jari Honko with Helsinki-based brokerage eQBank. "When problems hit, they hit Motorola (NYSE: MOT) harder."
In part, that’s due to Nokia’s formidable scale. "It has a broader product line and better geographical mix than Motorola does," says analyst Hyoty of FIM Securities. Nokia also invested earlier and more aggressively in emerging markets from China to India to Latin America, which gives it "enormous volume and distribution advantages," Hyoty adds.
Nokia is also investing more heavily in design to make its phones more appealing, and scrambling to fill out the weak mid-section of its product portfolio.
Source: Business Week
That’s what I like to hear!
My prognosis for this year that Nokia will keep its lead and increase it slightly. Their profitability will also improve compared to 2006. The most exiting thing will be that Nokia will finally start regaining, very slowly but anyway, its market share in the US!
LOL..yeah I know, what do I know. But I at least hope I am right.
plz sent me new models of mobils is coming yet
imran (working in axiom telecom)
mobile:0564129167
plz sent me that one coming new model in nokia & sen me in my mail