Troubled

2009 Will Be a Painful Year for Mobile Device Vendors

I agree Nokia is a good company they recently ended their near single source supplier relationship with TI. Very good move as I look for any phone I buy to have Qualcomm parts. Qualcomm is the largest supplier of mobile chips for a reason.


On Dec 08 11:08 AM ArtfulDodger wrote:

> In my view, these are the best times to buy Nokia. The company thrives
> on hard times when it can sit back with all its cash and no debt
> balance sheet and prepare to gain share when things turn around.

>
>
> With tons of bad news out on the sector, the company's price has
> held up pretty well. That bodes well for the price, because how much
> more bad news could hit the company?
>
> Besides Apple, there's no better managed company in any business.

>
>
> I now own Nokia.

2009 Will Be a Painful Year for Mobile Device Vendors

The market for smart phones does not look good. People are cutting back on non essentials. Cell phones are replacing landlines in droves or already have. Still an entry level phone will do all the basic functions of a top of the line phone sometimes for no additional cost at the start of a contract.
Consumers watching their money is tough on the cell phone companies and chip makers as the profit on the entry level phone is not as great. Last year's cell phone is old news and not worth much money. Look for the economy to keep cell phone companies and chip makers in tough times.