The feature phone sales decline of Nokia during 1Q13 was terrible. The -31% annualized sales drop was far worse than what markets expected. as recently as 3Q12, Nokia's feature phone revenue was declining at a tolerable -19% annualized pace. The competitiveness of Nokia's Asha feature phone line is now eroding at a fearful pace as Asian Android vendors press their low-end smartphone pricing below $150 in emerging markets. This is too close to flagship Nokia feature phone models like the Asha 305...
The feature phone sales decline of Nokia during 1Q13 was terrible. The -31% annualized sales drop was far worse than what markets expected. as recently as 3Q12, Nokia's feature phone revenue was declining at a tolerable -19% annualized pace. The competitiveness of Nokia's Asha feature phone line is now eroding at a fearful pace as Asian Android vendors press their low-end smartphone pricing below $150 in emerging markets. This is too close to flagship Nokia feature phone models like the Asha 305...
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