Nokia's success tied to emerging markets
What separates the mobile handset winners from the losers? The answer seems to be success in developing markets like China, India, the Middle East, and Africa.
On Thursday Nokia announced that it had sold a record 133.5 million mobile phones during the fourth quarter of 2007. This figure was up by more than a quarter from the same period a year earlier, boosting its overall market share to 40 percent.
Meanwhile, Nokia rival Motorola reported Wednesday that shipments of its handsets had fallen 38 percent during the quarter, pushing its market share down yet again to 12 percent, the … Read more