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Low-End Line Holds at Nokia
This column was originally published on RealMoney on Jan. 25 at 2:34 p.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
In the fourth quarter, Nokia's(NOK Quote) core strength was on full display. Cheap phones sold at lucrative margins, and basic phone unit-sales growth ticked along at a relatively solid 14%. The low end is doing just great.
But Nokia's numbers also clinch the case for genuine trouble brewing in the high-end handset market.
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