14 Quotes by Richard Windsor

If Nokia has problems, it has always been in the first quarter, and then it recovers toward the end of the year. If the first quarter is good, it's a good omen for the rest of the year.

For the next two quarters or so, the company to pay particular attention to is Nokia, ... The main reason for that is with the continuing decline in the infrastructure market, Nokia will continue to post profits simply because it has a fairly large operating margin it can rely on.

These are clearly great results, but in being so they make growth in 2006 all the more difficult to achieve. As a result we continue to believe that Ericsson is overvalued and reiterate our 'sell' recommendation.

The cash flow was 1 billion better that my forecast that proves the company is not going bankrupt,

The market is entering a cyclical downturn as net additions slow. Net adds are a key indicator of growth in the mobile infrastructure market. 2006 outlook looks challenging.