Nokia struggles in games market

23 Feb 2004

Nokia has admitted for the first time that sales of its N-Gage hybrid mobile phone and gaming device are below expectations. Nokia chairman Jorma Ollila told the Financial Times that sales of the N-Gage, launched last October in a bid to broaden the Finnish vendor’s business beyond phones, ‘are in the lower quartile bracket we had as our goal’. The company set an original target of selling nine million units in its first two years and Ollila says that the device must be given until November 2005 before it can judged as a success or failure.