Linked by Thom Holwerda on Thu 18th Apr 2013 11:21 UTC
PDAs, Cellphones, Wireless Nokia has posted its quarterly results for the first quarter of 2013, and just like the quarters that came before, there's not a whole lot of good news in there. The rise in Lumia sales still can't even dream of making up for the sales drop in Symbian phones, and when broken down in versions, the sales figures for Windows Phone 8 Lumias in particular are very disappointing. In North America, Nokia is getting slaughtered.
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Ehm
by vaette on Thu 18th Apr 2013 11:35 UTC
vaette
Member since:
2008-08-09

A bit weird to say that Nokia is getting slaughtered in North America since they have never had a foothold there before. If anything the historical perspective makes that aspect appear relatively healthy.

The slaughter of Symbian devices does indeed bring the statistics down rather badly, but saying that sort of ignores the fact that Symbian devices are now dead, so the slaughter is in past tense, the current numbers are all the current portfolio and current plan for going forward. Nokia is still losing cash, but the Lumias and Ashas are now bringing in a healthy amount of money.

The thing the markets are upset about is the big drop in Nokias feature phone lines. This is a more critical part, since it brings in a lot of money overall, but really is a play in a segment that may not exist anymore going forward.

Reply Score: 4

RE: Ehm
by Thom_Holwerda on Thu 18th Apr 2013 11:38 in reply to "Ehm"
Thom_Holwerda Member since:
2005-06-29

The point is not that Symbian sales are dropping; the point is that Nokia has nothing to offset that drop, and growth in Lumia sales is nowhere near close enough to fix that any time soon.

Remember that Nokia shouldn't look at the past, but the future. There's nothing in here that shines a positive light on Nokia's future.

Reply Parent Score: 4

RE[2]: Ehm
by vaette on Thu 18th Apr 2013 11:56 in reply to "RE: Ehm"
vaette Member since:
2008-08-09

Year over year smart devices sales are down only 5%. Lumia/Asha are profitable and are bringing in an increasingly large part of the cash. The issue everyone else has is that feature phones (i.e. non-symbian) are down 36% year over year. Symbian was never the big money-maker for Nokia, Lumia/Asha are not a failure in displacing Symbian, the failure is that the low-end where Nokia made up a lot of volume is going away entirely.

Reply Parent Score: 3

RE: Ehm
by dsmogor on Thu 18th Apr 2013 11:46 in reply to "Ehm"
dsmogor Member since:
2005-09-01

Given that USA is the essential focal point in new Nokias management strategy of bringing it back to prominence (that's why WP, a platform unfit for traditional Nokia markets in developing countries was chosen), it's justifiable to say the strategy and Nokia along with it is being slaughtered.

Reply Parent Score: 12

RE[2]: Ehm
by vaette on Thu 18th Apr 2013 11:49 in reply to "RE: Ehm"
vaette Member since:
2008-08-09

So sales being up 9% year over year is being "slaughtered"? It is certainly not the wording I would use.

Reply Parent Score: 0

RE: Ehm
by Deviate_X on Thu 18th Apr 2013 13:11 in reply to "Ehm"
Deviate_X Member since:
2005-07-11

A bit weird to say that Nokia is getting slaughtered in North America since they have never had a foothold there before...


Ssshhh your interfering with his axe..grinding

Reply Parent Score: 2

RE[2]: Ehm
by Thom_Holwerda on Thu 18th Apr 2013 13:13 in reply to "RE: Ehm"
Thom_Holwerda Member since:
2005-06-29

Country A has no presence in country B. Country A invades B, but they lose 80% of their invading army to the defending army, and lose massively. They are slaughtered.

North America was a very huge focus for Nokia. They clearly failed. They are being slaughtered in the market they bet a whole lot on.

Reply Parent Score: 13