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Nokia - Why buy a Nokia Phone here at AmericanCell?

Nokia phones are solid and reliable. Hailing from Finland Nokia's style was for a long time the favorite of all cell phone designs.

Motorola's success for the past few years has been related to their learning to out-Nokia Nokia themselves.

Nokia’s past quarter financial statements are running ringy-dingies around its wireless and equipment competitors... well okay, 2 out of its 3 equipment competitors. The only competitor that’s giving them a ring, I mean, run for their money is L.M. Ericsson, an equipment competitor. But in the overall dozen, Nokia beats them as well. (The statistics below do not include L.M. Ericsson.)

  • Nokia’s revenues were 3 times more than all its competitors.

  • Their gross margins are 3 1/2 times more than its competitors.

  • Nokia’s net margins are 13.8%, all of its wireless competitors are in the red, and Nokia’s holding it’s own against the equipment competitors.

Did I say I’ve owned a Nokia for the past 5 years? Yes, that’s repeat profitability. Every time a user picks up a phone and uses it, that’s repeat profitability. Whether it is the actual phone or the phone service, it’s a monthly charge. So again, I’m a repeat, along with everyone else that owns a Nokia phone.

 

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