tero; NOK has consistently stated in their analyst conferences that the margins on current handsets could become, at worst, a tempoary issue due to value added services in the mobile market coming on line. Value added being email, internet connection, etc. We can see some of this benefiting NOK's bottom line already, but can you reveal what you've heard in the last month relative to the exploding of such services in Europe?
Since Q gave their infrastructure unit to ERICY (which included engineers capable of developing in-house valued added svcs for Q) it seems that Q is now, unlike NOK, more dependent on others (LU, COMS, CSCO) to add WAP technology to their sets. NOK appears to have the technology agreements they need in place now. This places NOK at an advantage, so it seems.
Of course, eventually, 3G handsets will carry a higher price tag than current sets and, consequently, higher margins. |
