On a sequential basis, the decline in our Smart Devices gross margin in the first quarter 2012 was primarily driven by greater price erosion than cost erosion mainly related to our Symbian and Nokia N9 smartphones, targeted price reductions of the Nokia Lumia 710 to accelerate growth as well as higher per unit fixed costs related to our Symbian devices due to declining volumes.
Gross Margin The significant year-on-year decline in our Smart Devices gross margin in the first quarter 2012 was driven primarily by greater price erosion than cost erosion within our Symbian portfolio due to the competitive environment, partially offset by a positive impact related to deferred revenue related on services sold in combination with our devices and lower warranty costs.
The sequential decrease in our Mobile Phones gross margin in the first quarter 2012 was primarily due to greater price erosion than cost erosion, partially offset by a positive impact related to deferred revenue on services sold in combination with our devices and lower warranty costs.
Gross Margin The year-on-year decline in our Mobile Phones gross margin in the first quarter 2012 was primarily due to greater price erosion than cost erosion, a negative product mix shift towards lower gross margin feature phones, partially offset by lower warranty costs.
Furthermore, road length, erosion and cost values were forecasted in Table 4 for the period 2014 2030.
Even if erosion and cost indexes were characterized for 42%% of the watershed road network, they are applied for the total road network.
Note that the surveyed roads network may be not representative of the total network and the remaining roads may be in worse state: this observation could significantly increase erosion and cost indexes and, therefore the forecasts for the future.
The Web unit has been able to keep its rate card steady despite the overall erosion of costs per impression (CPM) on the Internet, according to Woelfel.
Competitiveness gauges such as these are notoriously sensitive to the price measure used, but on another indicator, based on relative unit wage costs, the erosion of Spain's cost edge is almost as marked (see chart 1, bottom).Both gauges point up problems in the same handful of countries: Portugal, Ireland, Italy, Greece and Spain a group given the ugly acronym PIIGS.
And, yes, farmers are the first environmentalists, and when they decide not to plow a field that is vulnerable to soil erosion, that may cost them a little money but it helps the environment.
