Nokia Cancels $5 Billion Worth of Manufacturing Contracts
Nokia's problems.
Nokia is the #1 phone maker in the world with 40 percent sales of phones. Only 10 percent of sales in the States. America is a tough territory for Nokia. While they make a great device, America has been given a huge handout of software choices. Nokia has been rather weak in this area. Google and Apple have now joined Windows Mobile for dominance in America and have their eyes set on worldwide use. This is now going to make it even tougher for Nokia.
I think Samsung and LG have done a great job of conforming to America's needs and wants. This also helps these two in getting world attention as well. Time, the Economy and Nokia's strategy approach is going to be key to recovery or they may...
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IMO, the next Nokia phone to have significant sales in the U.S. will be the N97, when most owners of the N95-3 will upgrade, and of course, it will be unlocked and expensive and for which one can only say, "It's costly to be different from the crowd, and to carry the worlds best phone!" 😉
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