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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (18199)	2/7/2002 9:22:16 AM
From: slacker711	Respond to of 34857

Nokia with some bullish comments on ASP's and W-CDMA.... boards.fool.com ESPOO, Finland, Feb 7 (Reuters) - Nokia <NOK1V.HE>, the world's largest cellphone maker, on Thursday turned more upbeat on its prospects for 2002 as it predicted that prices for its own phones were likely to rise, despite a tough market. The company's mobile phone president, Matti Alahuhta, which has already said it will launch 20 new phones in the first half of 2002, told Reuters in an interview Nokia will continue to introduce products at a similar pace for the rest of the year. "It is more likely that the average selling price will go up than down (in 2002) as we are able to bring an increasing number of new product concepts to the market which bring more value to customers," said Alahuhta. The industry saw the average selling prices of handsets fall slightly in 2001. Alahuhta's remarks follow more cautious comments from Nokia last month when it said it expected stable to slightly lower prices on its phones this year. One of the services Alahuhta sees driving demand for new phones is picture messaging, also known as multimedia messaging (MMS), for which Nokia has already announced a camera-phone. "Many leading operators are developing their capabilities to offer MMS as soon as possible. The second quarter is the timeframe of MMS service introductions amongst the first operators," he said. And despite an avalanche of recent announcements from wireless operators saying they are postponing the commercial introduction of the third-generation networks to well into 2003 due to the lack of handsets, Alahuhta said 3G was on track. "We plan to deliver small volumes of phones at the end of the third quarter, with volumes then growing towards the end of Q4. We've said before we'll make millions of 3G phones in Q4. This continues to be our plan," he said. ((Paul de Bendern, Lucas van Grinsven. Helsinki newsroom +358-9-680 50 247, fax +358-9-680 2284, paul.debendern@reuters.com))