![]() |
![]() |
||
|
|
|||
| |
|||
|
|||||||
| Tags: |
![]() |
|
|
LinkBack | Thread Tools | Display Modes |
|
|||
|
Nokia today reported strong third-quarter sales, with handset sales growing
23 percent. Based on its strong third-quarter numbers, the company now estimates that global mobile phone sales will reach 460 million units this year, up more than 10 percent from the 405 million units sold in 2002. Nokia's strong third quarter is in line with similar results from Motorola, Sony Ericsson, and other wireless companies reporting stronger than expected results. Despite the strong numbers the company warned that a strong dollar and increased price competition for handsets will continue to push the company's profit margins down. Third-quarter handset margins were 22.4 percent, down from 24.7 percent last year. News of Nokia's decreased margins did not go over well with Wall Street, with the company's shares down 3.5 percent in trading earlier today. For full story on NOKIA and More (NEXTEL releases Quarterlies as well )Visit http://wirelessway.blogspot.com for all the latest Wireless Phone PALM/PDA news and info Free Weekend Giveaway Starts Friday.FREE Aluminum Palm/Clie Case This Weekend!! |
| |
|
|
|
All times are GMT. The time now is 09:50 AM.
Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd. LinkBacks Enabled by vBSEO 3.0.0 |