Credit Suisse multinational financial company forecasts that mobile phone shipments will slow down globally in the first half of 2012. Previously Credit Suisse announced 12 percent of growth for 2011, and for this year the Swiss company has given only 2 percent of growth. 1.85 billion handsets are expected to be sold this year, which is by 3 million higher than last year.
The analysts at Credit Suisse also promise a good year for Nokia, saying the Finnish company will finally start reaping good results for its bold transition from Symbian to Windows Phone. While many blame Nokia for dropping the Symbian line, others claim this step was the saving hand for Nokia. Credit Suisse analyst Kulbinder Garcha is confident that Nokia will continue to cover the 13 percent of the mobile market worldwide, by its “sensible and aggressive pricing” and “decent support for Windows ecosystem as confirmed by our recent survey of carriers.”
Meanwhile, Nokia’s main competitor Apple is also rearranging its strategy for the newly emerging markets, such as the South American markets (Brazil, for example). Also, Apple tries to hold on to its older iPhones by offering them free for a two year contract.
