Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

2 of 6
BACK NEXT
Nokia Corp.
Headquarters: Helsinki, Finland
U.S. Ticker: NOK (NYSE)
P/E (2008 est.): 13.4

Finnish mobile device maker Nokia dominates the cell phone industry.

From high-end smartphones to cheap entry-level phones, Nokia has done a good job of generating healthy profits in a notoriously competitive industry.

"They figure out a way to make money in every niche of the handset business," says Jim Kelleher of Argus Research. To that end, Nokia's earnings per share are expected to grow more than 20% by the end of 2008.

The company owns dozens of factories in low-cost locations, which helps keep costs down. That's a big reason why Nokia can operate profitably in all sectors of the cell phone market, even the low-end sub-$100 phones.

NEXT: China National Offshore Oil Corp. (CNOOC)

Last updated June 20 2008: 1:19 PM ET
More Galleries
Most expensive cars from the Scottsdale collector car auctions The ten most expensive cars sold at the annual Arizona collector auctions went or a total of $44 million. More
The Obama economy in 10 charts President Obama came to office in January 2009 in the midst of the Great Recession. Much has turned around since then, but he's been criticized for a slow recovery. More
Best Jobs in America CNNMoney/PayScale's top 100 careers with big growth, great pay and satisfying work. More

Special Offer