Smartphone Can Be Nokia's Weapon in Emerging Markets

Trefis submits:
Nokia (NYSE:NOK), which competes with Apple (NASDAQ:AAPL), Research in Motion (NASDAQ:RIMM), and Motorola (NYSE:MOT), continues to lose market share in emerging markets like India, China and Brazil. We estimate that Nokia’s mobile phone share in emerging markets declined from about 45% in 2008 to 43% in 2009. We expect Nokia’s share to decline further over our forecast period. Despite this, we believe that Nokia’s expanding smartphone portfolio and growing share within the smartphone segment can slow Nokia’s overall mobile phone share declines within emerging markets.Complete Story »

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