Nokia warned that its first-quarter earnings would be weak, and the numbers are now in. Revenue declined 30% to €7.4 billion, or $9.7 billion USD last quarter, down from €10.4 billion, or $13.6 billion in the same quarter last year. The company posted a massive €1.3 billion loss, or $1.7 billion USD, which breaks down to a loss of €0.25 per share. Smartphone sales plummeted 52% to 1.7 billion units in the first quarter, and net device sales dropped 40% to 4.2 billion units. Read on for more. More →
Nokia on Wednesday unveiled its first Windows Phone for the Chinese market, the Lumia 800C. The handset is slated to launch in April exclusively on China Telecom. “We’re excited to introduce our first Lumia smartphone, the Nokia 800C, to this important market with our exclusive launch partner, China Telecom. Working closely together, we’ve created a compelling, locally relevant experience on the Nokia 800C especially tailored for people in China,” Nokia CEO Stephen Elop said. The Lumia 800c features a 3.7-inch AMOLED ClearBlack curved display, with a 1.4 GHz single-core processor, hardware acceleration and a separate processor for graphics. The device is also equipped with an 8-megapixel Carl Zeiss camera and 16GB of internal storage, and it will be available in cyan or black. The Lumia 800C will be offered without a contract for 3599 Chinese yuan, equal to roughly $570. Nokia’s press release can be found after the break. More →
Microsoft may be planning to launch a special bundle that includes the Nokia Lumia 800 and several accessories for $899. Citing unnamed industry sources, The Verge said the deal will kick off on February 14th and will include a Bluetooth headset, a Purity HD stereo headset and Nokia’s Play 360 wireless speaker. Microsoft will reportedly not be offering the Lumia 800 as a stand-alone product. $899 seems a bit steep to us, even considering that consumers will be getting an unlocked device and a bundle of solid accessories. After all, AT&T will be launching the sub-$100 Lumia 900 with 4G LTE support and a bigger screen just one month later. More →
Nokia will unveil at least one new high-end smartphone during the Mobile World Congress trade show in Barcelona later this month, Forbes said Tuesday. The Finnish company announced the Lumia 900, a Windows Phone device destined for AT&T, during the Consumer Electronics Show in early January but consumers are still waiting to hear what the company will launch as a follow-up to the Lumia 800 in Europe. Early rumors suggested that Nokia was planning to announce a Lumia 910 device with HSPA+ connectivity and a 12-megapixel camera, but Nokia recently shot down rumors of the camera upgrade. BGR will be reporting live from Mobile World Congress later this month so be we’ll be sure to bring you all the news as it breaks. More →
Nokia on Monday officially took the wraps off a white version of its Lumia 800 Windows Phone. Nokia originally launched the device in black and cyan, and the white version adopts a gloss finish instead of the matte coloring of the other models. Nokia says the device will be made available later this month. “Since we began selling it late last year, the Nokia Lumia 800 has received rave reviews around the world,” said Ilari Nurmi, Vice President of Product Marketing, Nokia. “Now in white, the Lumia 800 brings with it an even more premium look and feel with its gloss finish, but packed with power and performance underneath its sleek body.” Nokia’s full press release follows after the break. More →
Nokia’s fourth-quarter earnings report painted a grim picture of the Finnish phone maker’s business last quarter, but amid the red numbers peppered throughout Nokia’s earnings release, the high-level terms of its agreement with Microsoft were revealed. In exchange for royalty payments estimated to reach into the billions over the life of the agreement, Microsoft makes quarterly “platform support payments” of $250 million to Nokia according to the vendor’s earnings report. Read on for more. More →
Nokia reportedly sold as many as 1.3 million of its new Windows Phone powered Lumia 710 and Lumia 800 smartphones in the last few months of. The sales figure was published by Bloomberg on Monday, which gathered its data from responses from 22 industry analysts. “The numbers look promising,” Storebrand Asset Management fund manager Espen Furnes said. “If Nokia is able to have a strong launch and surpass at least 1 million and keep that type of momentum, this would help put them in a credible position that is crucial to winning back investors.” AT&T will soon launch the latest flagship Windows Phone from Nokia, the Lumia 900, which was unveiled during the Consumer Electronics Show earlier this month. The phone offers 4G LTE support and a slightly larger display than the Lumia 800, and it is expected to hit retail shelves in the U.S. in March. More →
Nokia said on Twitter Wednesday that a second software update will roll out to Lumia 800 devices over the next two weeks. It is largely expected that the update will help fix the poor battery life that has plagued some, but not all, Lumia 800 users. Nokia has already addressed the battery issue, which limits the capacity of the battery, and has even recommended that those with the problem send their devices in for replacement phones. More →
Nokia’s European support team has issued an official statement to those who have a Lumia 800 with poor battery life. “We immediately started to investigate these reports and can now confirm that while the battery itself is fine, a software problem on certain variants is limiting the phone’s ability to access the full battery capacity,” a Nokia representative wrote on the support forums Monday. Michael explained that the battery life issues are only the result of a software flaw and, as such, Lumia 800 owners can expect a software patch that fixes the problem early next year. Lumia 800 users who do not want to wait that long can contact Nokia and request a replacement handset. Hit the break for Nokia’s explanation of how to find out whether or not your Lumia 800 is affected by the bug. More →
Component suppliers in Taiwan expect orders from Nokia to grow 20% in 2012 as demand for Nokia’s Lumia smartphones increases. DigiTimes cites unnamed industry sources from within Nokia’s supply chain in stating that the launch of Nokia’s first pair of Windows Phones — the Lumia 800 and the Lumia 710 — has helped foster growth at several parts suppliers in Taiwan. Magnesium-alloy chassis orders from Nokia helped Silitech’s revenue grow 7% to NT$1.34 billion last month, and circuit manufacturer Ichia’s revenue grew 61.6% year-over-year last month thanks in part to Nokia’s Lumia handsets. Nokia’s first two Windows Phones launched in a number of markets last month and the vendor is expected to announce the imminent launch of its Lumia 710 smartphone at T-Mobile USA at a press conference next week.
Fourth-quarter sales of Nokia’s new Lumia line of smartphones will reach 2 million units, Deutsche Bank reaffirmed this week. Nokia’s stock took a hit this week as a number of analysts cast a shadow on its debut Windows Phone-powered smartphones. Pacific Crest’s James Faucette cut his sales estimates this quarter from 2 million units to just 500,000, and Bernstein Research analyst Pierre Ferragu said the phones were too expensive and lacked innovation. Analysts at Deutshe Bank disagreed, however, reiterating earlier sales estimates of 2 million Lumia phones this quarter. No doubt bolstered by an Xbox promotion, Nokia announced earlier this week that its flagship Lumia 800 has been difficult to keep on store shelves in the United Kingdom. Nokia has not yet announced its plans for Windows Phone devices in the U.S., though the vendor is widely expected to launch its Lumia 800 and several additional models in the U.S. in early 2012. More →
Nokia’s stock took a hit this week as Pacific Crest analyst James Faucette cut his sales forecast for Nokia’s first two Microsoft-powered smartphones. Having initially estimated that fourth-quarter sales of Nokia’s Windows Phones would approach 2 million units, the analyst dropped his expectations to just 500,000 devices, saying early checks indicated lower than expected sell-through. Bernstein Research analyst Pierre Ferragu piled on, writing in a note this week that Nokia’s new phones offer no “breakthrough innovation” or price advantage that might draw attention away from the competition. Just one day after Faucette shared his new estimates, however, Nokia confirmed that its hotly anticipated Lumia 800 smartphone has been a big seller across the United Kingdom. Read on for more.
Nokia once had a big stake in the U.S. smartphone market. I remember being jealous in high school that I couldn’t tell anyone my Snake high score because I carried a Motorola phone. I seemed to be the only kid without a Nokia device so, when I went to college, I picked up the Nokia 6010. I was drawn to the color screen and interchangeable face plates, and I carried it through all four years of college, preferring its durability to the Motorola RAZR that all of my friends had bought. The iPhone was announced in 2007 and, seemingly almost overnight, Nokia was completely gone from the hands of U.S. wireless subscribers. Sure, there were a few flip phones from Verizon Wireless over the years and a handful of Symbian devices from AT&T and T-Mobile, but none of those phones had the power to bring Nokia back into the spotlight. The Lumia 800 does. It isn’t just a phone, it symbolizes Nokia’s efforts to re-enter the global wireless market with a unique point of view and a fresh portfolio. It’s not available here in the U.S. yet, but a variant almost certainly will be early next year. Does the Lumia 800 push boundaries? Is it the best Windows Phone out there? Are the hardware and software married so perfectly that the competition might be looking on with envy? My full review follows below.