A stark Nokia reality check
James Faucette, an analyst at Pacific Crest Securities, cut his forecast for Nokia Windows phone sales this quarter to 500,000 units from two million on Tuesday, explaining that Windows phones designed by Nokia had no clear advantage over other manufacturers’ devices that would allow them to compete.
“With no breakthrough innovation, we believe Nokia’s new phones are unlikely to get traction in a highly concentrated high end,” Mr. Faucette said in a research note. He added that Nokia’s Lumia phones were not competitively priced, and that the performance of phones with Microsoft’s Windows Phone 7 software had been underwhelming.
Nokia's Microsoft Phones May Not Get Traction, Analyst Says - NYTimes.com
1 comment:
It's getting harder for mobile phone brands to get big market share given the popularity of the iPhone and other Android phones.
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