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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tomcat
Member since:
2006-01-06

These numbers speak very clearly about how well their strategy is working out. It is a complete disaster and anyone trying to deny its gravity is out of his mind.


Read for comprehension, and try to pretend that you're not a Google or Apple fanboy for a minute. Again, Nokia sold 125M smartphones. That's not a "complete disaster", unless you only define success as being #1 or #2 in the smartphone market; which Nokia doesn't need to do, at this stage of the game.

Edited 2012-07-20 04:06 UTC

Reply Parent Score: 1

tony Member since:
2005-07-06

"These numbers speak very clearly about how well their strategy is working out. It is a complete disaster and anyone trying to deny its gravity is out of his mind.


Read for comprehension. Again, Nokia sold 125M smartphones. That's not a "complete disaster", unless you only define success as being #1 or #2 in the smartphone market; which Nokia doesn't need to do, at this stage of the game.
"

They didn't sell 125M smartphones in Q2, it sold around 10 million, and most where older Symbian.

Reply Parent Score: 3

cdude Member since:
2008-09-21

AND they aborted everything to focus 100% on the 4 million sold Lumia. Symbian, which STILL,sold better, killed. S40, which sold far better but needs a refresh to keep that position, stay competative against Bada and Android, killed with the Meltimi-refresh. They put all there eggs, all cash on the product that sold most worse AND killed off all other products.

Reply Parent Score: 3