Linked by Thom Holwerda on Wed 11th Apr 2012 21:05 UTC
PDAs, Cellphones, Wireless "Shares in Nokia plunged 17% after the mobile phone giant surprised investors by saying it expected to make losses in the first half of 2012. The Finnish company said competition in the industry had led to lower sales particularly in India, the Middle East, Africa and China. Nokia had previously expected to break even in the first quarter." And just when you thought it couldn't get any worse, the Lumia 900 is suffering from a software flaw, and the company has started offering $100 in compensation. Not a good start for such an important flagship device.
Permalink for comment 513786
To read all comments associated with this story, please click here.
by siki_miki on Thu 12th Apr 2012 08:41 UTC
Member since:

So instead of a simple over-the-air fix they are giving devices for free. It seems they desperately want to sell them, they probably have a huge stock of unsold phones. A pity that it's not popular because build quality and sexyness of the phone is great, beats almost everything else right now. I think we might see Nokia join the Android bandwagon if sales don't take in this year (I bet they already have a team working on it).
I think their next chance is WP8, if Microsoft outdoes themselves with it.

Reply Score: 2