After the third quarter it seemed than capacity usage and profitability would remain at a good level, but this development did not continue. |
If you are going to maintain a global service or global organization, it means a whole lot of fixed costs. It means that you have got to have volume. |
Motorola is putting up a good fight - the only real challenger to Nokia, while the other smaller players are falling behind. |
Motorola is putting up a good fight ? the only real challenger to Nokia. But its portfolio hasn't the same attraction as Nokia at the moment. |
Nokia has once again succeeded in attracting the upper end of the market with its sophisticated phones and big mid-range portfolio. It has been more successful in this group than its rivals. |
This is not bad news. After all, Nokia gave a very strong performance in the first quarter, and its market share surged. A 35-percent share is very respectable. |
This was much better than expected, and Nokia showed strong growth in market share. |
We had not expected such strong growth. I suppose we were a little overcautious. |
What we are looking for especially in the first quarter is sales growth ... Growth is rewarded very nicely in the environment of low interest rates. |