Linked by Thom Holwerda on Thu 19th Jul 2012 18:32 UTC
PDAs, Cellphones, Wireless Nokia just posted its quarterly results - including shipped devices - and it's not looking good. Massive losses, sales dropping, and no growth in Lumia sales in the US. The company is losing money hand-over-fist, and with Windows Phone 8 still months away, the company warns the next quarter will be just as bad.
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by tony on Fri 20th Jul 2012 04:00 UTC in reply to "WP8"
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Somewhat to the contrary, the validity of WP strategy will only be shown once WP8 is in the shops. It's not a "restart", rather WP8 picks up where WP7 leaves off (scaling to modern hw, supporting native development, etc) and allows the platform overall compete head-to-head with high end Android.

"Old" WP7 apps will continue working on WP8.

I think with the dramatic cut in workforce (10,000 this year) combined with the dramatic financial losses, it's fair to say that so far the WP strategy hasn't been working.

I think it's unlikely WP8 will make much of a difference for Nokia, especially since zero of Nokia's phones right now will run it.

It's released in late October, and Nokia better have a phone ready. Even then, they'll be competing with the release of the next iPhone and dozens of hot Android phones. And in the meantime Nokia is bleeding cash.

My guess is Nokia will probably get picked up by MS in a fire sale (at least, that's their best case scenario).

Microsoft could pull the ultimate dick move, and release their own WM phone, a la surface. OEMs haven't exactly embraced WM, so they may decide to go it alone. Wounded Nokia wouldn't likely be able to compete with that.

Edited 2012-07-20 04:01 UTC

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