industry
A World of Hurt for Nokia, and Everyone Else
Published in www.nokiaphoneblog.com - 53 d 7 h ago
Bad news for the mobile phone market in 2008, 2009, and beyond
Ouch: Nokia reported Friday that fourth quarter industry mobile phone sales would be far lower than expected - 20 million phones lower, to be exact. The company also painted a pretty bleak picture for the future, thanks to a certain global recession.
Nokia didn’t give any hard numbers for 2009, other than to say that phone sales would be lower than 2008, as would be anything to do with the Nokia Siemens Networks joint venture (surprise!).
