26 January 2007

Nokia's North American Woes?
Why So Incompetent??

On Wednesday, Nokia announced that they're smashed competition last year and they are still leading mobile phone manufacturer in the world with 40% global handset market share in the fourth quarter.

Today I found an interesting article over at Gearlog and if you are looking forward to some nice weekend reading you should give it a chance although it doesn’t reveals anything new. It j ust shows already well known fact, Nokia and Symbian are huge everywhere besides North America.

As I said Nokia announced their most recent quarterly results day before yesterday, and of course they dominate the world and are failing embarrassingly and miserably in the US.

This is not news, nor is this a surprise. The question is how low they can go here. Nokia seems to be pretty happy turning into a sort of elite, boutique brand that doesn't actually have to sell any phones. I've often gotten the feeling that if they could back out of the US market entirely, they would; they're shackled to some sort of US presence because they're on Wall Street, and Wall Street likes to see companies that sell products somewhere near Wall Street.

Nokia used to do somewhat better here. Their fall in the US has been marked by two things: the rise of their N-series and E-series phones worldwide, and their abandonment of the CDMA market that makes up 60% of US sales.

More ranting on below link...
http://www.gearlog.com/2008/01/nokia_in_the_usa_why_so_incomp.php