Linked by Thom Holwerda on Thu 18th Oct 2012 10:56 UTC
PDAs, Cellphones, Wireless Things ain't going well for Nokia. Their quarterly results are - again - a disaster, and Lumia sales have dropped 28% (50% if you look at just the US). Windows Phone 8 is really going to be a make-it-or-break-it kind of thing. If it doesn't go well, the company might consider going back to focussing on rubber boots.
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Comment by TBPrince
by TBPrince on Fri 19th Oct 2012 17:31 UTC
TBPrince
Member since:
2005-07-06

I'm amazed about how many people are so sure Nokia is close to shut its doors. Guys, could you please check how many phones (all categories) Nokia shipped during 3rd quarter alone ?

Could you also please check what are predictions for smartphones sales drop in next quarter, globally ?

Reply Score: 3

RE: Comment by TBPrince
by jgfenix on Fri 19th Oct 2012 20:06 in reply to "Comment by TBPrince"
jgfenix Member since:
2006-05-25

Last year it sold many more. Sales are decreasing (not only smartphones but also dumbphones which where Nokia´s strong point) while the competors and the total amount of mobile phones in the world are increasing. That´s a total failure in my opinion.

Reply Parent Score: 1

RE[2]: Comment by TBPrince
by TBPrince on Fri 19th Oct 2012 21:09 in reply to "RE: Comment by TBPrince"
TBPrince Member since:
2005-07-06

Last year it sold many more. Sales are decreasing (not only smartphones but also dumbphones which where Nokia´s strong point) while the competors and the total amount of mobile phones in the world are increasing. That´s a total failure in my opinion.


Except that number of phone sold in Q3 2012 increased over Q2 by more than 4 millions. Plus analysts forecast a drop in smartphone sales (i.e. those priced at $300 or above) of more than 10% next quarter and those phones accounts for 70% of phone sales for Samsung and 100% for Apple.

I'm surprised people think Nokia is going belly up when it sold more than 77 millions phones this last quarter only. Or maybe I'm not.

Reply Parent Score: 3