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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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

dsmogor Member since:
2005-09-01

As far as S40 is concerned Elop is still investing in it, in fact it has recently been upgraded to touch as an efect of their Smarterphone company purchase.
Still they axed QT for phone strategy entirely.

Edited 2012-07-20 23:06 UTC

Reply Parent Score: 3

cdude Member since:
2008-09-21

They alao still invest into Symbian^3 like with the Pureview. But its by far not enough. Symbian^3 and S40 need a refresh to be abpe to compete against Android which is going to the low-end segment and becomes serious competition. More worse Elop made clear all there platforms are under fire. Including S40 and Symbian^3. He works against the last two big ppatforms left that being money in for Nokia. Its so sad.

Reply Parent Score: 1

chithanh Member since:
2006-06-18

As far as S40 is concerned Elop is still investing in it, in fact it has recently been upgraded to touch as an efect of their Smarterphone company purchase.
Still they axed QT for phone strategy entirely.

S40 is mostly relegated to the price points lower than the cheapest usable Android phone (currently Galaxy Pocket S5300 for ~85€).
I expect that by the end of this year, the price range between 60-80€ will be occupied by Android devices from Huawei and ZTE. As the cheapest Asha sells for 60€, that will leave S40 with nothing.

Reply Parent Score: 0