Nokia may have seen an operating loss in Q1 2013, but the news isn't all bad. The company saw revenue of $7.7 billion and managed to sell 5.6 million Lumias, which equates to a 30 percent increase in handset sales over last quarter. As for earnings, Nokia put a shiny buff on them by trumpeting a net profit of $236 million using the non-IFRS accounting method. By stricter IFRS rules, it actually lost $150 million, but that still compares favorably to the vast billion dollar losses it made in the same quarter of 2012...
Thursday, April 18, 2013
Nokia hits $7.7 billion in revenue for Q1 2013 with 5.6 million Lumias sold
Tuesday, February 5, 2013
Of Course Nokia Is Building a Tablet
If there was any doubt that Nokia has a Windows 8 tablet in development, if not in the pipeline already, it dissolved today with some forthright remarks from CEO Stephen Elop.
In an interview with the Australian Financial Review, Elop conceded that Nokia is interested in the tablet space, but stopped short of offering any hard details on where that interest might lead.
“We haven’t announced tablets at this point, but it is something we are clearly looking at very closely,” Elop said. “We are studying very closely the market right now as Microsoft has introduced the Surface tablet, so we are trying to learn from that and understand what the right way to participate would be and at what point in time.”
Presumably, the “right way to participate” would involve extending Nokia’s smartphone partnership with Microsoft to tablets. And Elop noted that this would likely be the case, though, again, he stopped short of committing to anything.
Friday, July 20, 2012
How Nokia Lost the Smartphone Race a Decade Ago
In the late 1990s, Nokia predicted the future of mobile: it spent millions on research, and even demonstrated touch-screen devices that closely resembled todays iPhones and Androids. So why is it only now making a dent on the smartphone market?
The Wall Street Journal has a nice article describing the decision-making processes behind Nokia's ill-fated last decade. It starts by setting the scene, describing the kinds of devices that were being researched by Nokia over ten years ago...
Thursday, June 14, 2012
Nokia Lumia 610 review
Lumia, Lumia, Lumia. Who would have thought, way back at Nokia World 2011, that the name would come to ring as affectionately as it does today? The first three releases in the family, the 800, 710 and, most recently, the 900, all provided such a fluid, well-rounded experience that we found it easy to overlook certain weaknesses in their spec sheets. Low-res 480 x 800 displays and single-core processors were largely forgotten in the face of a fresh aesthetic and matching OS that stood out from the smartphone crowd.
Which brings us to Lumia number four: the 610. As a budget phone currently going for free on a £15-per-month contract in the UK, it's been built on Nokia's belief that Windows Phone will run on almost anything: the merest of Snapdragon S1 processors (clocked at just 800MHz) coupled with a few crumbs of RAM (256MB). Overall, those specs make previous Lumias -- with their S2 chips, 512MB and 1.4GHz clock speeds -- look almost futuristic. The question is, can WP really come this cheap and survive intact? Read on and you'll find out.
Thursday, April 19, 2012
Nokia May Be Down, But They’re Not Out
As bad as Nokia’s financials look right now – a $4 billion drop in sales won’t make anyone’s day – don’t consider the Windows Phone move a failure just yet. They’ve done what many phone companies have thus far failed to do – namely change swiftly with the times – and, more important, they’ve done it quite admirably.
If you’ll recall, the first real Android phone was HTC’s G1. Considered a clunker by all but the most die-hard of users, the device sold fairly well (1 million in 2008). But it did something more important than make T-Mobile the first Android carrier – it grabbed a certain contingent of user who understood Android, understood the framework, and would follow Android to the grave. The popularity of the G1 was a direct reaction to the burgeoning iOS platform. The same thing happened in the WebOS space, but WebOS was exactly the wrong thing at exactly the wrong time and is a disaster distinct from the Android launch.
Wednesday, April 4, 2012
Apple iPhone 4S vs. Nokia Lumia 900: AT&T Smartphone Showdown
The highly anticipated, Windows Phone-based Nokia Lumia 900 hits AT&T April 8 with an aggressively low $99.99 price tag, but it's already available for preorder. Since this is a flagship product for Nokia and Microsoft, everyone is sure be to paying extra close attention. And if what we saw at CES is any indication, the Lumia 900 will definitely be the Windows Phone to beat. But is it also good enough to best Apple's almighty iPhone 4S? We compare specs in the table below to help you decide.
Nokia Lumia 900 Review: This Might Save Windows Phone
The Lumia 800 was one of the most beautiful phones ever built in the long history of phone-building. It is widely acknowledged as the best Windows phone around. The next version, the Lumia 900, is bigger, faster, and—maybe most surprisingly—cheaper.
Wednesday, February 29, 2012
Nokia 808 PureView Sample Photos
By far, one of the most talked about gadgets to come out of Mobile World Congress is the Nokia 808 PureView and its 41 MP camera.
The camera is also capable of shooting in standard resolutions of 3, 5 and 8 megapixels in low-light conditions.
Nokia has released unedited sample high resolution images at 38 megapixels, and the results are as impressive as you'd imagine.
Wednesday, December 21, 2011
Microsoft And Nokia Had A Casual Chat About Maybe Buying RIM
Amazon's not the only company that flirted with the idea of buying RIM.
Microsoft and Nokia also talked about a joint bid, according to the Wall Street Journal.
But it sounds like the talks were just that -- talk. No bid was made, and the report admits it's "unclear how extensively RIM has been involved in any takeover discussions with Microsoft and Nokia."
Wednesday, November 23, 2011
Nokia to lay off 23% of workers - thats 17,000 jobs!
Mobile technology manufacturer Nokia Siemens has announced a massive restructuring that will see 17,000 employees lose their jobs by the end of 2013.
Wednesday, October 26, 2011
Nokia Lumia 800 Hands On Pictures
Today we got our hands on Nokia's brand new Lumia 800 Windows Phone device, and we're very impressed.
It's about the same size as an iPhone, soft to the touch, and features an ultra-vibrant "Clear Black" AMOLED Screen.
Nokia unveils first Windows phones
The world’s largest cellphone maker Nokia Corp. unveiled two sleek Microsoft Corp. Windows phones on Wednesday, a first step in the ailing cellphone maker’s fightback against Apple Inc. and Google Inc.
Thursday, October 20, 2011
Did Another Nokia Windows Phone Just Leak?
We know about the impending SeaRay, set to debut next week—but has a new Finnish challenger appeared? PocketNow says this photo shows the Nokia "Sabre." So what's the Sabre?
Saturday, October 8, 2011
How Apple outsmarted RIM and Nokia
When Steve Jobs died, tech writers, investors and gadget fans everywhere wondered whether Apple (AAPL-Q369.80-7.57-2.01%) would lose its magic touch. More than a few of Apple’s rivals wondered whether they would ever get theirs back. To them, Apple has been the great humbler, the innovator that burst their arrogance and confidence, shredding their value along the way.
Thursday, September 29, 2011
Nokia to cut another 3,500 jobs
Nokia said today it would cut another 3,500 jobs as the handset giant continues to seek ways to lower its operating costs to run more efficiently.
The Finnish company will close a manufacturing facility in Cluj, Romania, and reduce workers in its supply chain operations, accounting for a loss of 2,200 employees. It will also cut 1,300 workers in its commerce and location business, which was made up of its Navteq operations and Nokia's social location services.
Nokia Fires 3,500 Employees
Nokia announced plans to let go of 3,500 employees this morning.
The cuts come from closing a manufacturing plant in Cluj, Romania and consolidating its Location and Commerce teams.
Nokia has been in a state of trouble for a long time now. Cuts like these are painful, and embarrassing, but probably needed to get the company back to health.
Tuesday, September 6, 2011
Nokia will give you $10,000 to remake its ringtone
Nokia is offering $10,000 to anyone who can create a new ringtone to replace the iconic Nokia Tune, which has been annoying movie theater-goers since 1994.
To accompany its new Microsoft operating system, Nokia has offered up $10,000 to the person who can create an iconic new jingle to serve as the handset maker’s next go-to ringtone. In addition to the cash prize, Nokia says the winner of the “Nokia Tune Remake” contest will also have the honor of having their ringtone heard “over one billion times a day.”