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Nokia Wins Lawsuit against RIM

by Argam - on Nov 29th 2012 - No Comments
rim-nokia-reaper-620px

RIM and Nokia decided to cross-license standards-necessary patents in 2003. Afterwards it was changed in 2008. But three years later Nokia announced the Canadian manufacturer had disputed the patents referring to WLAN technologies. Of course, the companies headed to court arbitration. The lawsuit was filed in the US, UK and Canada, and...

Nokia Q3, 2012 Financial Results

by Argam - on Oct 18th 2012 - No Comments
Nokia Q3 financial results

While many analysts and bloggers will blame on Nokia saying it isn’t performing well, I want to look at the financial data of the Finnish company from another viewpoint. Yes, the manufacturer still shows $754 million (576 million euros) net loss but compared with the previous data it’s better. Nokia has revealed the financial results...

Nokia Sold Fewer Than 300.000 Lumia 900 Handsets Till June

by Argam - on Jul 13th 2012 - No Comments
Q2-2012-US-Smartphone-manufacturers-share

As always Nielsen has published interesting statistics for the US smartphone market for Q2, 2012. According to it, there are only 0.3% Nokia Windows Phone smartphone users. So if we consider the fact that during this time period there were about 110 million smartphone users in the country, it means Nokia Lumia owners count for only 330,000. As...

Nokia Adds Three New Patents Against RIM

by Argam - on Jul 12th 2012 - No Comments
Nokia-RIM

Over a couple of months ago Nokia filed lawsuits against RIM, HTC and ViewSonic. Major events took place in Germany but this patent war enlarged its geography reaching the US borders. But unlike the last two companies, which have to fight in two forefronts, Canadian RIM was in the most beneficial situation as Nokia was accusing it of...

Nokia Has Plan B If Windows Phone 8 Fails

by Argam - on Jul 3rd 2012 - No Comments
nokia-chairman-risto-siilasmaa

When Nokia was switching to Windows Phone operating system from its native Symbian, many doubted the decision’s being right because Symbian was falling while Windows Phone was a platform that seemed to have no future. That’s why Stephen Elop was asked whether there is Plan B if WP fails. The answer was thoroughgoing as Nokia’s...

Nokia Reveals Its Plans during Investor Conference Call

by Argam - on Jun 15th 2012 - No Comments
stephen-elop-nokia

Yesterday morning during an investor conference call Nokia uncovered many of its plans. It firstly refers to the new price policy they will use for upcoming Windows Phone handsets. Stephen Elop mentioned they will set prices more aggressively in order to compete with cheap Android devices. Nokia CEO said it can be implemented due to Microsoft’s...

Nokia is Close to Selling Off Vertu to EQT

by Argam - on Jun 14th 2012 - No Comments
vertu-phone-logo-dragon

Nokia is trying to remove all unnecessary circumstances. Vertu is one of them because people are more interested in affordable smartphones than high-valued phones that actually don’t do much. So it’s no surprise Nokia was looking for buyers ready to free the company from the appendix. At the moment, the Finnish company seems to have...

Nokia Lumias Chinese Sales Show Record Numbers

by Argam - on May 15th 2012 - No Comments
MObile OS in China

Three Nokia Lumia handsets are already available in China. No doubt the latest Lumia will later join them as well. Those three handsets in face of the Lumia 800c, 710c and 610c ensure good sales volumes for the company. These are not just words. Statcounter and Wang Jingqiu, the company’s Beijing-based spokesperson, prove what I say. As...

Nokia Announced Q1 Earnings and Sales Volumes

by Argam - on Apr 20th 2012 - No Comments

Just a week ago Nokia reported it had sold 2 million Lumia Windows Phone smartphones in the first quarter. As for now, the manufacturer reveals more info. It’s not what we were waiting for but it shows what a step the company has made in this transition phase.

Firstly, the company announced it sold only 600.000 phones in North America in Q1, 2012. Consider it stressed the word “phones,” so it implies all categories of handsets — low-end, mid-range and high-end. It refers to all operating systems including Symbian, MeeGo and S40 as well. But the manufacturer is pleased with the results, and as Nokia CEO, Stephen Elop said, “We exceeded expectations in markets including the United States, but establishing momentum in certain markets including the UK has been more challenging. We have a clear sense of urgency to move our strategy forward even faster.”

Secondly, the Finnish smartphone vendor announced its first quarter earnings. Its revenue declined 30% to €7.4 billion ($9.7 billion) last quarter, down from €10.4 billion ($13.6 billion) in the same quarter last year, while the company’s loss made up €1.3 billion ($1.7 billion). The smartphone sales declined 52% to 1.7 billion units in the first quarter, and net device sales dropped 40% to 4.2 billion units.

Seems everything is too bad but Nokia launched the Lumia 900 in the US via AT&T only on April 8 and in Canada via Rogers only on April 9. The Lumia 610 is also said to be launched before the end of this month, thus the financial results for the second quarter must be better. Moreover, the Lumia 900s are out of stock, which means Americans are changing their attitude towards Nokia and the upcoming quarters promise to be more successful for the manufacturer. We should believe in this as much as Stephen Elop does.

Source

Nokia’s Financial Results for Q1, 2012

by Argam - on Apr 14th 2012 - No Comments
Nokia financial results

A few days ago Nokia announced its financial results for Q1, 2012. The report bears dual nature. Firstly, it shows the company is transitioning from feature phones to smartphones, and secondly, it depicts the superiority of Windows Phone over Symbian. According to the report, Nokia has totally sold 83 million phones out of which the 71...