This was much better than expected, and Nokia showed strong growth in market share.
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.
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.
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.
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.
After the third quarter it seemed than capacity usage and profitability would remain at a good level, but this development did not continue.
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.
