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
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
Designing the workplace of the future: Virtual reality and 3D panoramas As businesses go global and teams are scattered around the world, herding everyone into the same room for a meeting seems quaint. So companies are using technology to get creative. More
Sports teams want you back in the stadium Stadium attendance is down so pro sports teams are using technology to win back fans and get them in their seats. More
Homes in these ZIP codes are selling like crazy Strong job growth, growing interest from Millennials and affordable home prices are attracting home buyers to these cities. More

Special Offer