Adnaan Ahmad Economic Quotations

Clearly, the risk has increased, particularly with the current economic situation. However, we believe that Nokia's superior supply-chain management and its ability to reach the end market will keep it ahead of its peers.

Ericsson said orders as a whole remain strong, but it is just seeing a push out in most mobile system shipments due to economic uncertainty as well as slower subscriber growth in the U.S. as subsidies have been cut. Fewer subscribers means lower phone use, which translates into slower systems build-out, which is what we are seeing in the U.S.