Thursday, April 05, 2007

Interest in Nokia's N95 "phenomenal" -Carphone

Interest in Nokia's N95 "phenomenal" -Carphone

Nokia N95

Carphone Warehouse (LSE: CPW.L - news) said on Monday it has seen phenomenal interest over the weekend in Britian towards the new top-of-the-range model N95 from the world's largest cellphone maker Nokia (Xetra: 870737 - news) .

The Finnish phone maker said it was seeing a good demand for its N95 model, which comes with integrated location mapping GPS chip and a 5 megapixel camera. It is priced at about 550 euros (372 pounds), before subsidies and taxes.

Carphone started to sell the model in Britain over the weekend and its finance director Roger Taylor told Reuters on Monday there had been "phenomenal interest in it."

Oppenheimer said in a note to clients the new N95 is currently sold-out at Carphone Warehouse.

"We've had a few thousand and they have been selling very quickly. It's possible that it's sold out," said Carphone spokesman Peregrine Riviere.

Nokia said it has seen good demand for the phone it started to ship to the key markets only on March 22, just over a week ago.

"Volumes are on a good level," said Kari Tuutti, spokesman for Nokia's Multimedia business unit.

"We are getting positive signs from the consumers, operators, and also other sales channels -- we are planning an aggressive volume ramp-up," he said.

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