Smart Money on reasons for Nokia to expand beyond core business
Saturday November 19th 2005, 03:57 Category: Unrelated news
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Smart Money might have cracked the real reason for Nokia to experiment with new products like N770, something that Forbes magazine thought was totally uncalled for:

Simply put, Wall Street worries that Nokia isn’t cool anymore. The Finland-based giant has been cranking out 1990s-style phones shaped like candy bars when consumers have been clamoring for flip, or clamshell, designs like Motorola’s ultra-thin RAZR. At the same time, industry growth has slowed somewhat, and Nokia and others have been pushing into emerging markets with lower-margin phones. Result: Nokia’s overall margins and profits have been slipping.

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