Nokia Creates World Record,sells 400,000 phones in One Day
27 October 2006 by axxxr Nokia sold a little over 400,000 phones in a single day in India; the most it has ever sold in a single day anywhere in the world.
The company’s previous single day sales record was about one 100,000 phones. This is the kind of sales its competitors generally do over the entire year in India. “It is even more than what Nokia has ever sold on any Chinese new year," says a dealer who has seen an Nokia internal communiqué on this matter. India recently celebrated its new year along with Eid and Diwali (the festival of lights) and this is supposed to explain the sudden boom in sales. Ironically most of the sales came from the entry level low budget handsets which Nokia did not want to get into initially due to the lower profit margins. “India is a volumes market and everybody is focusing on this low-end segment," said one of Nokia’s top officials. He requested not to be named because Nokia is an unlisted company in India and does not declare its sales numbers. source:indiatimes
Comments On 28 Oct 14:28 DrThug wrote But the phones mostly sold costs between Rs2000-5000(1$=Rs45).Those costing 2000rs are B&W basic phones with only call and text facilities...While those costing 5000rs have radio and a colour screen... the profit margin from each phone for nokia is 6-8%. On 28 Oct 13:47 Manikandan wrote On 28 Oct 05:38 ZAHID wrote That's great, that's really very great.Nokia is the best mobile phone company.It's mobiles are more tha reliable.And 4,00,000 moblies in one day that's an achievement a great achievement.This record is going to last for ever.I think it is unbreakable.Best of luck for the Future. M.ZAHID ISMAIL. On 28 Oct 02:54 prom1 wrote Good going Nokia. however stupid move ... " “India is a volumes market and everybody is focusing on this low-end segment," said one of Nokia’s top officials. He requested not to be named because Nokia is an unlisted company in India and does not declare its sales numbers. source:indiatimes" This tells me their going to be in hot water shortly and will pay some nice fines/taxes or both. On 28 Oct 00:59 QuickShare wrote 400k unit in a single day? impressive. On 27 Oct 23:40 Hameed wrote I hate to admit it,but...thumbs up Nokia |
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