because nokia is in maturity but not decline
NOKIA was very good at its introduction stage but now it is declining day by day because samsung is trying to capture its market and samsung mobiles are cheaper compared with nokia so customers are switching on to samsung and Nokia is coming to a declining stage.
Nokia had $31.5 billion in 2002 sales
Nokia sales have risen 5% over the last year.
Sales promotion techniques of Nokia included making their quarterly sales public. Nokia also penetrated the market with new technology, such as MMS and polyphonic ringtones.
The Nintendo Wii is currently in the Maturity stage. Although sales are declining profits are still positive. Nintendo announced that its new console is going to come out later this year.
You make less money then go out of business.
Short answer, "Maybe". Looks like Nokia was in talks to go to the Android platform, but as of last year it didn't seem it would because of the declining sale of Nokia.
Stage 3 because of the declining death rate and the major increase in medical technology
They decided to discontinue the product due to declining sales.
The maturity stage in the product life cycle is when sales peak and growth stabilizes. Competition intensifies, and companies may focus on product differentiation or cost reduction to maintain market share. It is characterized by market saturation and declining profit margins.
It is the whole life cycle of nokia phones from manufacturing to completion of its viability in the market. every product has a life cycle of introduction in market, growth phase,maturity and then declining of the product in the market.Jignesh patel
Brazil is in stage 3 of the demographic transition. This stage is characterized by declining birth rates and death rates, leading to a slower population growth.