Flaunte January 2013 Edition - New Delhi Institute of Management
Flaunte January 2013 Edition - New Delhi Institute of Management
Flaunte January 2013 Edition - New Delhi Institute of Management
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shrank by 62% from previous year. Although the frontrunner <strong>of</strong> a smart phone was Nokia,<br />
but it was overtaken by Apple and Google with iPhone and Android terminal respectively.<br />
The reason behind this was that it keeps on focusing on their Symbian OS too much.<br />
Currently three-quarters <strong>of</strong> smartphone’s OS is occupied by iOS and Android, but Nokia did<br />
not apply for that mainstream.<br />
Despite <strong>of</strong> this, many market analysts say that Nokia will return back to its numero uno<br />
position because <strong>of</strong> its strong balance sheet and positive aspects <strong>of</strong> the company's other<br />
non- handset businesses. They claimed that the company had bright prospects if<br />
Smartphone sales started picking up. Sales <strong>of</strong> the company's Lumia<br />
smart phones have picked up, and the stock popped up<br />
because <strong>of</strong> it. Nokia also has a strong competitive advantage<br />
over its competitors in china, after it has signed a deal with<br />
world’s largest carrier by subscribers China Mobile. Nokia is<br />
selling its Asha feature phone successfully in India and China.<br />
According to the data, they have sold 9.3 million Asha phones<br />
in India alone which give it a hope <strong>of</strong> continuous strengthening<br />
<strong>of</strong> its market status.The company also has huge opportunities<br />
in emerging markets. The company will be releasing the<br />
Windows 8 powered Lumia 620 in India in February, which<br />
should help generate and meet Smartphone demand in the<br />
growing country and boost sales for Nokia. As Windows 8 picks<br />
up, there should be more sales <strong>of</strong> Lumia worldwide as well.<br />
Nokia has also acquired Navteq,a leading provider <strong>of</strong> mapping<br />
and location data, for $8 billion in 2007. It supplies GPS systems<br />
like Garmin and Magellan, online map services. The Navteq location data is one <strong>of</strong> the best<br />
assets they have, which will differentiate it from others<br />
The Nokia strategy in alliance with Micros<strong>of</strong>t, makes sense. But only, if it is successful, it will<br />
take time and a lot <strong>of</strong> money. Nokia is beating expectations and appears to be successfully<br />
turning itself around, but it still faces many threats. Competition from iOS and Android will<br />
remain intense. Nokia has great future, especially until when its key patents are not being<br />
liquidated Nokia has a bright future if it continuously strives to improve its core business and<br />
introduce new products which is better and more efficient than its competitors.<br />
Raymond – ‘Kamasutra’ gets a new definition<br />
By Himani Mehrotra<br />
Prima facie, one may get carried away<br />
with erotic and sensuous thoughts but at<br />
the end <strong>of</strong> the day it is a mere energy<br />
drink and nothing more than that.<br />
Incorporated in 1925, Raymond Group<br />
is one <strong>of</strong> India's largest branded fabric<br />
and fashion retailers. It is one <strong>of</strong> the<br />
leading, integrated producers <strong>of</strong> worsted<br />
suiting fabric in the world. The Group