Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 09 March 2012 10:06

Nokia details losses and risks

Written by Nedim Hadzic

nokia

WP is the future

Nokia has submitted its annual report to the SEC, providing an insight into company's current situation.

It doesn't take a rocket scientist to see that Nokia is still in bad shape - what was once a giant now looks more like Bear Grylls trying to escape.....well, Symbiania would probably be the right country. You may recall that Nokia posted e €1.4 billion loss and its net sales amounted to €38.6 billion. In comparison, the previous year saw Nokia post €1.3 billion profit and €42.4 billion in net sales.

The company shipped 339.8 million phones in 2011, which is 3 percent lower than in 2010 and has been attributed to the competition's aggressive pricing and lack of a dual-SIM handset in 1H 2011. Nokia's smartphones fared even worse at 77.3 million sold, which is as much as 25 percent less than in 2010. Again, this is down to aggressive competition as well as the gradual demise of Symbian.

The report is quite clear that Nokia's future smartphone success will have much to do with Windows Phone. Nokia's current plan is to support Symbian through 2016, but Windows Phone will be the OS of choice for mid-range and high-end handsets.

More here.


Last modified on Friday, 09 March 2012 10:13
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments