04-24-2002, 09:46 AM
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Pontificator
Join Date: Aug 2006
Posts: 1,177
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Competitive outlook
Things are a' changing and a' moving on the other side of the market. Here's a couple of recent events and news. Ericsson continues to perform poorly. The last quarter brought a bitter $290 million loss, worse than analysts had thought. However, the company broke out the revenue and results from the phone making Sony Ericsson joint venture and there we see a profit -- small, but there's a profit. The consortium Symbian gets one more supporting player: Siemens. Siemens buys 5% of the stock and thereby shows their desire to play their cards safe, placing bets on all sides. The Smartphone 2002 competitor, Nokia 7650 will be priced at $600 to $750 when purchased without a subscription. The price is a bit higher than I had thought, but shows a healthy sign that no one is in this to lose money and that more costs more.
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04-24-2002, 02:54 PM
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Philosopher
Join Date: Feb 2002
Posts: 516
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At $600-$750, I don't believe this will sell. There's no better way to lose money than to price a product too high. What surprises me is that I read somewhere not long ago that Nokia's 9290 would sell for $699 without a contract in the US. This puts it at the same price point. To me, the 9290 seems like a far more capable PDA/phone.
Scott
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