How is the performance of Nokia itself today on the market? Still leading? See some quote from Businessweek.com
“Nokia’s dominance in the global cell-phone market seems unassailable. After arch-rival Motorola posted its second straight quarterly loss last month, the Finnish giant announced on Aug. 2 a 57% increase in second-quarter operating profits, to $3.2 billion, while the company increased its global market share by four percentage points, to 38%.
Not bad for a company based in Espoo, Finland. And Nokia’s success is by no means a flash in the pan. Offering more than 100 models in numerous regional markets, the company has outmaneuvered its competitors in lucrative emerging markets, increasing the sales of its phones by 29%, to almost 101 million units, in the second quarter of 2007. The targeting of these markets, particularly India and China, has helped to shore up its core European sales; Nokia now expects volumes to grow by more than 10% by the end of the year.”
And will go uncontested in near future.
“Despite these growing pains, Nokia’s business appears to be in good shape. With $9.5 billion in the bank and a range of handsets that are the envy of its rivals, the company remains the best performer in the cell-phone industry. And with the likes of Alcatel-Lucent recently posting second-quarter losses of $802 million, Nokia’s dominant position will go uncontested for some time to come”
Maybe we prepare now to buy NOKIA on the Stock Market?
RSS feed for comments on this post · TrackBack URI
Leave a reply...Do not hesitate!...Your comments will be followed up