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Xinmian H

Windows Phone and Nokia Spell a Challenge for Apple - NYTimes.com - 0 views

www.nytimes.com/...03digi.html

oligopoly

shared by Xinmian H on 02 Mar 13 - No Cached
  • ? IPhone, Android and no one else. They will form an exclusive duo in smartphones, just as Windows and Mac have in personal computers.
  • It has formed an alliance with Microsoft and will switch from Symbian to Windows Phone software on its smartphones.
  • Microsoft introduced Windows Phone 7, a major overhaul, last fall.
  • ...1 more annotation...
  • Mr. Lees says that there are now more than 11,500 apps
  • Xinmian H on 02 Mar 13
     
    This article talked about the oligopolistic competition in smartphone market. Several firms such as Apple, Android, Microsoft and Nokia controls more than 80% of market share. It is a very typical oligopoly market structure. And we can see firms are colluding and competing. Microsoft and Nokia formed alliance to compete against Apple. Microsoft also kept releasing new product, such as the Windows Phone 7 last fall. Smartphone market is very centralized and competitive.
Christopher P

Struggling Nokia turns to Q4 net profit of $270 million as revenue slumps 20 percent - 0 views

www.washingtonpost.com/...2-889b-f23c246aa446_story.html

revenue Nokia profit

shared by Christopher P on 24 Jan 13 - No Cached
  • Christopher P on 24 Jan 13
     
    Nokia, a well-known cellphone manufacturer based out of Helsinki, Finland, has been struggling for the past few years to keep its revenue at sufficient level. Last year, the corporation was not able to pull any profit and lost over $1 billion. After many cuts and streamlining procedures, Nokia was able to gain a profit this quarter of $200 million, however, revenue continued to fall by 20%. This is an excellent example of how profit and revenue are truly separate concepts, because although the profit gain gave the impression that Nokia's status is improving, it is still in fact losing income.
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