Nokia slashes prices, to delay new software | VIENTIANEHOUR.com - All Lao News, Business, Economic, Entertainment...
VientianeHour

Sunday, May 20th

Last update12:47:10 AM GMT

Headlines

You are here Eco-social Technology Nokia slashes prices, to delay new software

Nokia slashes prices, to delay new software

E-mail Print PDF

Nokia is struggling to battle with new rivals Apple and Research in Motion at the high end of the cellphone market, and sees a cheaper price as its strongest weapon to hold on to market share, analysts said.

The company has also delayed the renewal of its Symbian software -- seen as crucial to improve its position in the high-end of the market -- to the second half of the year from second quarter, two sources with direct knowledge of the delay told Reuters.

Rumors of the possible delay have made the rounds for days and analysts see this hurting Nokia's outlook for the second quarter.

A Nokia spokesman declined to comment on price cuts and software delay ahead of January-March earnings due at 1000 GMT.

Nokia has previously said price changes are part of its normal, ongoing business. The world's top cellphone maker usually cuts prices across its portfolio a few times each year. The deepest price cuts were seen in some of Nokia's E-series models as the firm makes room in its portfolio for new, cheaper models to roll out in coming months.

source: reuters.com

Comments:

Related News
Related News:
Latest News
Latest News:
Most Read News
Most Read News:
Author News
More from this author:

Follow Us