News that Nokia is a market-share smart machine or price cut by 10%

Source: Internet
Author: User
Keywords Nokia mobile price bit NET Symbian system
Bit network (chinabyte) April 23 According to Reuters news agency, the latest data show that Nokia has lowered the price of mobile phones, some of the smartphone models the biggest price reduction of about 10%. Analysts said Nokia, which is struggling with Apple and rim in the high-end mobile phone market, saw the price cut as the best weapon to keep market share. Nokia had previously said that price adjustments were part of normal business. The company usually adjusts its phone prices several times a year.  A drop in the price of some e-series handsets is thought to be the company's preparation for a new, cheaper model for the next few months.  In addition, sources said Nokia upgraded the Symbian system, which was considered key to improving its position in the high-end market, from the second quarter to the second half. Nokia yesterday released its first quarterly report this year. As of March 31, the company achieved net profit of 349 million euros (about 467.6 million U.S. dollars), an increase of 186% per cent, but the profit figure is still lower than the average estimated 370 million euros by analysts. Revenue of 9.52 billion euros, an increase of 2.67% per cent year-on-year, is also lower than the average estimate of 9.81 billion euros by analysts. Nokia also estimates that the company's global market share for the first quarter was 33%, up from 32% in the same period last year, but below 35% per cent in the previous quarter.
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