Word: nok
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...Nokia (NOK) is the world's largest handset company. It has been late to the high-end smart-phone market, but it has distribution leverage all over the world because of its 37% global market share. One of the things Nokia will need to cement its place in the smart-phone market is an application store like the one Apple (AAPL) has. Apple apps have been downloaded over one billion times, mostly onto its iPhone...
...handsets simultaneously is hurting the performance of the Apple (AAPL) iPhone. The problem only starts there. The weakness of 3G networks has also likely undermined the consumer's opinion of new products from RIM (RIMM), the Samsung Instinct, and a host of new products from market leader Nokia (NOK...
What does not make sense, at least at first blush, is that the financial results of all of the other major handset companies from Sony Ericsson to Nokia (NOK) to Motorola (MOT) were down. These firms can hardly give handsets away, much less sell them. Each of these operations said that global cell phone unit sales will be down in 2009. What is even more puzzling is that large handset companies don't just make smart phones; they make a lot of cheap phones for people in emerging markets and consumers who don't want a handset that acts...
...they are more subtle. People stop buying PCs and electronics when the economy is bad, primarily because they can. A two-year old computer will still perform 90% of the tasks required by a business or home user. There is nothing wrong with a two-year old Nokia (NOK) cell phone. (See pictures of the history of the cell phone...
...machines via the internet or phone. As rivals like Hewlett-Packard (HPQ) have moved further into the software and services businesses, Dell has been flat-footed. Dell plans to get into the handset business, which is already crowded with cut-throat competition from RIM (RIMM), Apple (AAPL), Nokia (NOK), and Samsung...