Business Services Industry
Nokia reports Q1 device average selling price
Nordic Business Report, April 11, 2006
NORDIC BUSINESS REPORT-11 April 2006-Nokia reports Q1 device average selling price(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish telecomms solutions provider Nokia said on Tuesday (11 April) that its device average selling price (ASP) in the first quarter of 2006 was EUR103.
Nokia's device ASP in the fourth quarter of 2005 was EUR99.
This increase reflects a lower than expected proportion of the lower priced entry-level products for Nokia during the quarter, the company said.
Previously Nokia estimated that its device ASP in the first quarter would be flat to slightly down sequentially.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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