Nokia 2008 Annual Report Download - page 6

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, services and solution deliveries;
• our ability to develop, implement and commercialize new products, services, solutions and
technologies;
• our ability to develop and grow our consumer Internet services business;
• expectations regarding market developments and structural changes;
• expectations regarding our mobile device volumes, market share, prices and margins;
• expectations and targets for our results of operations;
• the outcome of pending and threatened litigation;
• expectations regarding the successful completion of contemplated acquisitions on a timely
basis and our ability to achieve the set targets upon the completion of such acquisitions; and
• statements preceded by “believe,” “expect,” “anticipate,” “foresee,” “target,” “estimate,”
“designed,” “plans,” “will” or similar expressions
are forwardlooking statements.
These statements are based on management’s best assumptions and beliefs in light of the
information currently available to it. Because they 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:
1. the deteriorating global economic conditions and related financial crisis and their impact on
us, our customers and endusers of our products, services and solutions, our suppliers and
collaborative partners;
2. the development of the mobile and fixed communications industry, as well as the growth
and profitability of the new market segments that we target and our ability to successfully
develop or acquire and market products, services and solutions in those segments;
3. the intensity of competition in the mobile and fixed communications industry and our ability
to maintain or improve our market position or respond successfully to changes in the
competitive landscape;
4. competitiveness of our product, services and solutions portfolio;
5. our ability to successfully manage costs;
6. exchange rate fluctuations, including, in particular, fluctuations between the euro, which is
our reporting currency, and the US dollar, the Japanese yen, the Chinese yuan and the UK
pound sterling, as well as certain other currencies;
7. the success, financial condition and performance of our suppliers, collaboration partners and
customers;
8. our ability to source sufficient amounts of fully functional components, subassemblies,
software and content without interruption and at acceptable prices;
9. the impact of changes in technology and our ability to develop or otherwise acquire and
timely and successfully commercialize complex technologies as required by the market;
10. the occurrence of any actual or even alleged defects or other quality, safety or security issues
in our products, services and solutions;
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