Gadget Maker or Service Provider? Firms Start to Overlap – New York Times “Devices alone are not enough anymore,” Olli-Pekka Kallasvuo, chief executive of Nokia, said last week in London as the company announced plans for a digital music store, a game service, social networking links and other mobile Internet initiatives, grouped under a new brand, Ovi. “People want more; they want the complete experience.” Meanwhile, a Google spokesman declined to comment on reports that a “Google phone,” or “G-phone,” was imminent. Such a device would take the Internet company into a business that has long been dominated by Nokia, but that has been shaken up by the recent introduction of a high-profile newcomer, Apple’s iPhone.
Sales in Emerging Markets Help Nokia Add to Its Cellphone Lead – New York Times Nokia sold 100 million mobile devices in the period, an increase of 29 percent over 2006, while the overall industry growth was about 14 percent, with 262 million mobile devices sold globally, Nokia said. But the group again warned about the performance of its troubled network operations, describing market conditions as challenging because of heavy competition. “We shall have to increase the amount and speed of cost cutting,” the chief executive, Olli-Pekka Kallasvuo, said, giving no details. The greatest growth in Nokia’s handset sales, 37 percent, was in the Middle East and Africa, it said. But at 36 percent growth, sales were also strong in the Asia-Pacific region and in China.