Nokia not doing well in U$A

Archived from groups: alt.cellular.nokia (More info?)

(As an aside to this, Nokia have announced that in Australia, they intend
to release 40 new handsets this year).

Nokia plans to sack 350 in US
Helsinki
January 28, 2005 - 1:18PM


Nokia, the world's leading mobile phone maker, said on Thursday it would cut
350 jobs in the United States and would revamp its range of handsets for the
North American market in light of disappointing results there last year.

The company earlier reported net profit of ¤1.02 billion ($US1.33 billion)
in the fourth quarter and of ¤3.20 billion for all of 2004, beating
forecasts, but profit showed a decline of 13 and 11 percent respectively
from the previous year.

The company posted fourth-quarter sales of ¤9.1 billion, up three percent
from the ¤8.8 billion it reported for the same quarter a year earlier.

Analysts surveyed by AFP's financial news service AFX had expected
fourth-quarter sales of ¤8.4 billion.

The mobile phone giant said it had sold a record 66.1 million handsets in
the fourth quarter, giving it 34 percent of the world market, down from 37
percent in the same period a year earlier but up from 32 percent in the
third quarter.

While Nokia remained unscathed as the rest of the telecom sector slogged
through post high-tech bubble problems a few years ago, the company saw its
market share taper off at the beginning of 2004, largely due to its slow
pick-up on the popularity of fold-out clamshell phones.

"For Nokia, device volumes also reached new highs for the fourth quarter and
full year largely backed by the ongoing boom in growth markets such as Latin
America, Russia, India and China, and brisk sales of color screen and camera
phones," Nokia chief executive Jorma Ollila said in a statement.

He added however that "our North American phone volumes were... disappointing."

AFP

http://smh.com.au/articles/2005/01 [...] 87690.html

--

!Scixelsyd Etinu. [Read Backwards]

Archived from groups: alt.cellular.nokia (More info?)

Exactly the same chain of phone I've had over the years.
Always excellent quality and performance, however I
do worry about the newer ones as they do feel particularly
flimsy in the hand.

Rv!

Archived from groups: alt.cellular.nokia (More info?)

On Sat, 5 Feb 2005, at 08:53:41 [GMT -0600] (01:53:41 Sunday, 6 February
2005 where I live) "Cocoa8301" wrote:

> More people must have displeasure with the Nokia firm, because of the
> sales slump. But I am sure there are many other factors that could be
> contributing to the decline in sales.

Worldwide, sales are increasing.

--
If crimefighters fight crime, and firefighters fight fires, what do freedom fighters fight?.

Archived from groups: alt.cellular.nokia (More info?)

Cocoa8301 <Cocoa8301.1jzqaz@nospam.cellphoneforums.net> writes:


>I know, just not in the US


Remember, US voted for G.W.Bush...:-)