Nokia expecting replacement sales of mobile phones to improve

Nokia expecting replacement sales of mobile phones to improve

World’s largest mobile phone maker Nokia has said in a statement that they expect replacement sales of cell phones to continue gaining share of the total market in 2007.

The company mentioned this in a filing with U.S. officials on Monday.

Nokia said that they expect mobile users around the world to continue replacing their mobile devices this year giving them more sales.

In addition, the company expects to sell more phones with features including color screens, cameras, music players and 3G.

Though, Nokia clarified that they do not expect mobile television capable devices to sell much this year.

Nokia stated in the filing: “We also expect that push email, mobile TV and navigation services will be significant drivers of the replacement market in the future, but not in 2007. In emerging markets, replacements accounted for approximately 60 percent of total mobile device volumes in 2006, up from approximately 50 percent in 2005.”