Macroeconomic environments: Nokia has more global diversity than Sprint. Nokia has rolex submariner replica access to fast growing markets in Asia, Latin America and Africa, as well as slow-growing markets in Europe and North America. Europe louis vuitton outlet and North America have seen the sharpest declines in sales volume for its mobile devices. However, Nokia's Chinese unit sales were a real disaster-piece, declining by 62% in Q1 2012 versus Q1 2011 hermes outlet. Sprint generates all of its revenues from the US, which we believe will perform better than Europe and offers greater potential than consensus economic estimates in 2013 and replica handbags beyond.
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