Nokia 2003 Annual Report Download - page 6
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FORWARD-LOOKING STATEMENTS
It should be noted that certain statements herein which are not historical facts, including, without
limitation, those regarding:
• the timing of product and solution deliveries;
• our ability to develop, implement and commercialize new products, solutions and
technologies;
• expectations regarding market growth, developments and structural changes;
• expectations and targets for our results of operations; and
• statements preceded by ‘‘believe,’’ ‘‘expect,’’ ‘‘anticipate,’’ ‘‘foresee’’ or similar expressions
are forward-looking statements.
Because these statements involve risks and uncertainties, actual results may differ materially from
the results that we currently expect. Factors that could cause these differences include, but are not
limited to:
• developments in the mobile communications industry and the broader mobility industry,
including the development of the mobile software and services market, as well as industry
consolidation and other structural changes;
• timing and success of the introduction and roll-out of new products and solutions;
• demand for and market acceptance of our products and solutions;
• the impact of changes in technology and the success of our product and solution
development;
• the intensity of competition in the mobility industry and changes in the competitive
landscape;
• our ability to control the variety of factors affecting our ability to reach our targets and give
accurate forecasts;
• pricing pressures;
• the availability of new products and services by network operators and other market
participants;
• general economic conditions globally and in our most important markets;
• our success in maintaining efficient manufacturing and logistics as well as the high quality
of our products and solutions;
• inventory management risks resulting from shifts in market demand;
• our ability to source quality components without interruption and at acceptable prices;
• our success in collaboration arrangements relating to technologies, software or new
products and solutions;
• the success, financial condition, and performance of our collaboration partners, suppliers
and customers;
• any disruption to information technology systems and networks that our operations rely
on;
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