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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RE: Well...
by tomcat on Thu 19th Jul 2012 21:25 UTC in reply to "Well..."
tomcat
Member since:
2006-01-06

...that's what happens when you try to force something down people's throat that NOBODY wants.


Um, Nokia sold 125M smartphones -- and of those, 4M were Lumias. Clearly, you need to recalibrate your definition of NOBODY.

Reply Parent Score: 1

RE[2]: Well...
by 1c3d0g on Fri 20th Jul 2012 00:42 in reply to "RE: Well..."
1c3d0g Member since:
2005-07-06

When it's a fraction of a percentage of what Android sells daily, I'm pretty confident that you have a serious problem on your hands. Unless of course you think the vast amounts of cash will help Nokia through these turbulent times.

In that case, I hope they'll survive, but most of the time it doesn't matter how much money you have, once the cash flow dies, the company goes down with it. Sooner or later all the cash WILL dry up, period.

Reply Parent Score: 2

RE[2]: Well...
by tony on Fri 20th Jul 2012 03:44 in reply to "RE: Well..."
tony Member since:
2005-07-06

"...that's what happens when you try to force something down people's throat that NOBODY wants.


Um, Nokia sold 125M smartphones -- and of those, 4M were Lumias. Clearly, you need to recalibrate your definition of NOBODY.
"

They did not sell 125M smartphones in Q2. They sold 150M phones, 10m where smartphones, and most of those were old Symbian and MeeGo phones (which don't compete with Androids and iPhones directly).

4M Lumia's worldwide, though I wonder if they count sold to stores or in the hands of customers. And that's in a quarter. Apple sold around 38 million iPhones in Q1. Google said in Q2 they activated around 60 million Android devices.

Compared to Apple and Google, 4M is relatively small. Anecdotally, I travel all over North America on a regular basis, and I've yet to see anyone with a Lumia in the wild. See Androids and iPhones all the time.

Edited 2012-07-20 03:49 UTC

Reply Parent Score: 5

RE[3]: Well...
by cdude on Fri 20th Jul 2012 08:56 in reply to "RE[2]: Well..."
cdude Member since:
2008-09-21

They count delivered/shipped phones. So, not sales to customers or even activations like comCast/Nielsen do what explains the difference in there numbers.

Edited 2012-07-20 08:57 UTC

Reply Parent Score: 1

RE[3]: Well...
by zima on Thu 26th Jul 2012 23:50 in reply to "RE[2]: Well..."
zima Member since:
2005-07-06

They sold 150M phones, 10m where smartphones, and most of those were old Symbian and MeeGo phones

Not MeeGo, there were few made (something like at most ~200k total, IIRC; Nokia never revealed exactly, but then they didn't ever reveal exact individual handset numbers), they most likely didn't even recoup the costs sunk into Maemo/Meego project over more than half a decade (think about it for a second, about its rate of progress).
And those Symbians have very low average selling price, they are essentially in the segment of "feature phone" LG Cookie, Samsung Star, or the likes.

Reply Parent Score: 2