I'll only amend that with the Middle East, Asia and Africa as the primary Nokia markets. Europe is still a major market for them, but they're slowly losing it. They've already lost, by 'lost' meaning losing their leadership position, in major countries in Western Europe like Germany and the U.K. I read a short piece from an investment house that did a Nokia analysis which saw continued erosion in developed markets, but growth in emerging markets.
Their real money makers aren't the N-series. It's the S40 phones. The problem is nobody in the tech press has any desire to cover candybar dumb phones, which is understandable.
Their real money makers aren't the N-series. It's the S40 phones. The problem is nobody in the tech press has any desire to cover candybar dumb phones, which is understandable.