Nokia is expected to release its Q2 2013 results before the market opens on July 18th. The former mobile industry leader is struggling of late as its handset business is reeling under the effects of a slumping feature phone market amid a slow smartphone transition to Windows Phone. …read more
Source: FULL ARTICLE at Forbes Latest
Nokia announced a mixed set of Q1 2013 results April 18th, as a higher than expected seasonal decline in feature phone demand took the sheen off an otherwise good quarter for the company. The Finnish handset maker saw its feature phone sales decline by almost 25% sequentially as customers in emerging markets increasingly preferred smartphones due to the availability of cheap Android options in the market. On the other hand, continued to deliver on its Lumia Windows Phone promise, posting unit sales of 5.6 million or a growth of 27% over the seasonally strong holiday quarter.
Nokia is expected to announce its Q1 2013 earnings on April 18. The handset maker has come a long way since last year when its Symbian smartphone sales were falling fast and Windows Phone was relatively slow to pick up the slack. Last year’s Q4 marked a turnaround of sorts as a successful launch of WP8 and new Lumia models together with strong holiday demand, finally saw WP outselling Symbian by a ratio of 2:1.
Nokia’s faith in Windows Phone seems to be paying off for now. The company continues to not only dominate the Windows Phone market but also take away market share from rivals such as Samsung and HTC, according to a recently released report by AdDuplex. The usage stats for April show that Nokia has increased its share of the Windows Phone market to 80%, up from about 78% a month ago.
Nokia’s two latest Windows Phone devices, the Lumia 520 and Lumia 720 announced at the Mobile World Congress, should allow the Finnish company to sell their smartphones at every price point in the modern smartphone market. The halo effect of the marketing and desirability of devices like the Lumia 920 will be vital to this endeavor, and by using consistent design cues across the Lumia range, Nokia are doing their best to encourage this. …read more
Source: FULL ARTICLE at Forbes Latest
By Haydn Shaughnessy, Contributor
Nokia is due to launch further models in the Lumia range this week at Mobile World Congress, the budget conscious 520 and 720. The company is also building a phone that will sell for Euro 15 or about $20. …read more
Source: FULL ARTICLE at Forbes Latest
Nokia’s faith in Windows Phone seems to be paying off for now. Not long after Nokia announced a strong set of Q4 results last month, we have AdDuplex’s February issue of Windows Phone usage stats show that Nokia continues to dominate the WP market. According to the report, Nokia has a 78% share of the market, compared to HTC’s 14% and Samsung’s 6%. What is reassuring for the company is that in the past three months, Nokia has managed to gain a couple of percentage points in market share at the expense of Samsung, as has HTC. Considering that Samsung and HTC are heavily invested in Android, we believe this to be an accurate representation of the amount of commitment that each of these handset makers have towards the Windows Phone platform. …read more
Source: FULL ARTICLE at Forbes Latest
By Trefis Team, Contributor Nokia’s announced a strong set of results Thursday, finishing what has been a very volatile year for the company with a net profit in the final quarter. While Lumia shipment volume of 4.4 million units was more than 4 times the same in the year-ago quarter, the newly launched full-touch Asha phones saw close to 45% growth in unit sales sequentially. The strong Lumia performance, together with a sustained high demand for Asha smartphones in the emerging markets, helped the company maintain underlying profitability for the full year despite reporting losses in the first half of the year. A big reason for Nokia’s relative outperformance in the second half has also been the ongoing turnaround at its infrastructure JV with Siemens, Nokia Siemens Networks, which reported an all-time high operating margin (non-IFRS) of 14.4% last quarter.
Source: FULL ARTICLE at Forbes Latest
By Nigam Arora, Contributor Nokia stock is falling on news that the company will not pay its hefty dividend. Nokia was paying a dividend that yielded about 4%.
Source: FULL ARTICLE at Forbes Latest
By Trefis Team, Contributor Nokia is set to announce its Q4 FY 2012 earnings on January 24. As the company has already indicated in its pre-earnings guidance, its debut Windows Phone 8 devices were off to a flying start during the holiday season. Lumia’s shipment volume of 4.4 million units was more than four times the same in the fourth quarter of 2011.
Source: FULL ARTICLE at Forbes Latest
By Erika Morphy, Contributor Nokia sales of the Lumia are doing quite well. Last week the company posted solid fourth quarter numbers, reporting that it sold 4.4 million units of the Lumia line, up from the 2.9 million that traded in the third quarter.
Source: FULL ARTICLE at Forbes Latest
By Haydn Shaughnessy, Contributor Nokia’s release of specs for 3D printing of the Lumia phone shell comes with a promise of more. The phone maker envisages a time when phones will be considerably more customizable – throwing down a challenge to Apple and Samsung to move beyond the current design and production paradigm.
Source: FULL ARTICLE at Forbes Latest
By Ewan Spence, Contributor Nokia’s decision today to release the modelling files to allow 3D printing of the back shells of the Lumia 820 is an interesting move. Not only does it endear Nokiato the ‘physical homebrew’ community of 3D modelers, and portrays Nokia as a forward thinking and innovative company (a vital asset as they continue their return to smartphone relevancy), but most importantly it’s going to let them see what the hacking community can do with this basic design.
Source: FULL ARTICLE at Forbes Latest
By Ewan Spence, Contributor Nokia announced smartphones sales numbers today for Q4 2012, ahead of an earnings call later in the month. The numbers, which were better than expected, show smartphone sales up to 15.8 million units. That’s within touching distance of Nokia’s level after the red letter day of February 11th 2011 when they moved from Symbian to Windows Phone.
Source: FULL ARTICLE at Forbes Latest
