Linked by Thom Holwerda on Fri 25th Jan 2013 14:20 UTC
PDAs, Cellphones, Wireless Buried deep within Nokia's press release about its financial results, there's a line that pretty much signals the end of one of the most popular and successful mobile operating systems in history. With Nokia retiring its use, Symbian is no more.
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I expect Q1 will be lose again. Call me wrong when we have the numbers.

I don't think they'll post a loss in Q1 and I'll be glad to take you up on that.

Here's why:
- Nokia was already profitable in Q3 before their HQ sale.
- Nokia is supply constrained, which should be resolved by the end of Q1
- Nokia has launched Nokia Maps for all WP8 phones as of a few days ago, and should be receiving royalties from that
- Nokia will be spending less marketing dollars now that the ramp up is done
- Less restructuring costs and one time charges
- Strong Nokia Siemens growth
- Strong Asha growth
- Bigger pushes into China and more low end Lumia roll outs

I think their profit will be lower than Q4 2012 because of seasonality but I think they'll stay in the red.

Again, I think my track record on this is better than yours given that when Q3 numbers came out you were saying Nokia was dead while I was pointing out that they achieved non-IFRS profitability.

You said during Q3 that Nokia would be dead in four quarters. There are three quarters left and Nokia went from $78 million in profit to $585 million in profit.

So much for dead.

Edited 2013-01-26 11:09 UTC

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