October 03
Nokia: "Apple and RIM make some hot phones!"
Nokia tips hat to Apple, RIM
http://www.intomobile.com/2008/10/02/nokia-tips-hat-to-apple-rim.htmlQuote:
Nokia
talked a bit about competitors today and was generally cool with
throwing them a bone, while of course remaining confident in their own
progress. For example, they respected RIM’s ability to work into the
enterprise back-end while still claiming Nokia would overtake their
numbers in the next couple of months thanks to a recent arrangement
with Microsoft and Cisco. Similarly, Nokia CEO Olli-Pekka Kallasvuo
said of Apple, “We have a new, credible competitor in this business.
You know I need to take my hat off … Of course we need to be able to
respond to any competitor and we will.” When it comes to a statement
like that, you can’t help but take a look at the Tube and wonder if
that’s supposed to be their answer to the iPhone.
In any case,
that’s the classy way to talk about competition. When announcing their
Q2 earnings, RIM rebuffed the idea that the iPhone posed any threat
whatsoever, which some investors thought was ignorant and downright
delusional. Despite decent growth numbers, RIM’s stock took a dive
following the conference call, which was further compounded by the US
stock market crash. It just goes to show that attitude towards
competitors can say a lot about a company.
Posted by dadeisvenm
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