Smart Money on reasons for Nokia to expand beyond core business
Saturday November 19th 2005, 3:57 am Category: Unrelated news

Smart Money might have cracked the real reason for Nokia to experiment with new products like N770, something that Forbes magazine thought was totally uncalled for:

Simply put, Wall Street worries that Nokia isn’t cool anymore. The Finland-based giant has been cranking out 1990s-style phones shaped like candy bars when consumers have been clamoring for flip, or clamshell, designs like Motorola’s ultra-thin RAZR. At the same time, industry growth has slowed somewhat, and Nokia and others have been pushing into emerging markets with lower-margin phones. Result: Nokia’s overall margins and profits have been slipping.


2 Comments so far

I think this is harsh when considering the 770. Nokia have shown great foresight in A) looking beyond symbian as an OS and b)making wifi the main form of connectivity… There will be a time (as the networks shudder with fear) that people will have the option to shun operators in favour of free connectivity via wifi using VOIP. It seems nokia can see this. It’s a long way off so why not organically work on the platform now. Start with an open source OS establish the channels and let it flourish.

Comment by Ronoc Nurrac 11.22.05 @ 12:20 am

One more time:

The nokia is a symbiotic device; it works in concert with a cell phone (hopefully nokia) to present users with a flexible environment for a variety of tasks, giving them truly ubiquitous access. It is not meant to be a replacement for a Palm — it is essentially an accessory for a cell phone.

Comment by hal meeks 11.23.05 @ 4:38 am
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