| Author |
Nokia's Q3 financial results |
Krubach
Joined: Dec 05, 2002
Posts: > 500
From: Sunny Portugal! :)
PM |
Nokia's Q3 financial results here:
http://www.nokia.com/2004/Q3/index.html
Bottom line: although a 13% increase in units sold (45.4 to 51.4 M), profits before taxes decreased by 10% (Q2 comparison).
_________________
God made a contract with IT professionals:
God won't fix computers, and IT professionals won't make miracles.
[ This Message was edited by: Krubach on 2004-10-15 19:12 ] |
|
|
marlonxp
Joined: Dec 11, 2003
Posts: > 500
From: Somewhere
PM, WWW
|
Nokia is making more money. Whats new?
wap.marlonhall.com |
Krubach
Joined: Dec 05, 2002
Posts: > 500
From: Sunny Portugal! :)
PM |
Quote:
|
On 2004-10-14 14:13:53, marlonxp wrote:
Nokia is making more money
|
|
How's that?
[addsig] |
methylated_spirit
Joined: Jul 07, 2004
Posts: > 500
From: Bonnie Scotland
PM |
They are making 10% less money...
Hello, Scroto!
U.G.L.Y. You ain't got no alibi, you ugly! |
vineet_d
Joined: Apr 15, 2004
Posts: > 500
From: MumBhai
PM |
Nokia's Q3 financial results clearly states that they have begin a downfall  unless  comes out with some more handsets in a reasonable range 
|
slattery69
Joined: Jan 03, 2003
Posts: > 500
From: north east england
PM |
The results say nokia are selling more phones at a reduced profit margin. The frightenin part is number of units sold se have sold 10% of that figure
This message was posted from a Nokia |
Krubach
Joined: Dec 05, 2002
Posts: > 500
From: Sunny Portugal! :)
PM |
It's not frightening. It only an option.
If you cut prices you sell more phones (and maybe the price cut is compensated)
If you don't you sell less phones but make more money outta them.
The issue here is nokia cuts prices, sells more phones, but make less money. And that is frightening... for them! 
But as long as you have profit, no worries...
[addsig] |
slattery69
Joined: Jan 03, 2003
Posts: > 500
From: north east england
PM |
well they still have profits just reduced. what i meant by frightening was the sheer volume of phones. market share percentages dont sound to bad ie nokia 29% se 7%
but when you look at the number of handsets it shows the mountain any company has to catch up
nokia did 156million handsets in 1 quarter and se did 10 million.
not sure what samsung etc did but if you take the market share the next nearest company has 15% so they did only half of nokias volume
even adding motorola and se s figure together wouldnt get you near nokias phone s sales and thats frightening |
mib1800
Joined: Mar 18, 2004
Posts: > 500
PM |
nokia sold 51 million in Q304 - not 156m.
If SE world share is 7% then Nokia would be about 33%.
After cutting prices Nokia is still making a good 19% profit margin per phone. Contrast this to only 8% for SE.
[ This Message was edited by: mib1800 on 2004-10-15 18:23 ] |
slattery69
Joined: Jan 03, 2003
Posts: > 500
From: north east england
PM |
i see was just reading info on first post which had the increase from 146-158 or whtever it was. though it was a frightening large figure hence my post.
makes more sense now |
Krubach
Joined: Dec 05, 2002
Posts: > 500
From: Sunny Portugal! :)
PM |
Sorry. My bad... 
158M is the global market sales.
I'll correct it right away.
[addsig] |
slattery69
Joined: Jan 03, 2003
Posts: > 500
From: north east england
PM |
no problem i should have picked up on the fact that it was huge i guess they wish they had sold that many phone in a quarter |
Residentevil
Joined: Feb 29, 2004
Posts: > 500
From: Raccoon City, USA
PM, WWW
|
Looks like Nokia is only selling phones, because they are cheap. If you have such a large lineup. PPL buy them because they are cheap, but have no clue what features they are getting, because there are too many models.
Tough times don't last, tough people do!
Free Tibet |
mib1800
Joined: Mar 18, 2004
Posts: > 500
PM |
when SE sales volume or market share increase, SE fans cheer very loud. When nokia sales volume increased, you criticise Nokia for selling cheap fone.
make up ur mind!! Is market share important or not? Dont be a hypocrite.
[ This Message was edited by: mib1800 on 2004-10-16 16:55 ] |
slattery69
Joined: Jan 03, 2003
Posts: > 500
From: north east england
PM |
youve got to be careful when you say that people are only buying nokia cause they are cheap. buyers aint all swung on price a mobile still has to perform price is inportnant but its not the only thing when buying a phone customers still expect the phone to do certain things.
look at supermarket own brands they are cheaper than the known brands ie tea bags or coffee but the big companies still sell plenty of pg tips nescafe etc so price isnt the only consideration but it is one |
|
|
Posted: 2004-10-14 13:43
