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’s attempt to regain the traction in the mobile market is turning out to be more difficult than the company once thought. Four major wireless carriers in Europe have said that Nokia’s Lumia smartphones are “not good enough” to compete with Apple’s iPhone or Samsung’s Galaxy smartphones, Reuters reported on Tuesday. Nokia bet big on Microsoft’s Windows Phone platform last year, however the gamble has yet to pay off according to the report. “No one comes into the store and asks for a Windows phone,” said an executive in charge of mobile devices at a European operator. The company is now playing catch up with Apple and Google after suffering a huge decline that hurt its image in the high-end market, and according to Reuters’s sources, Windows Phone might be making matters worse. “Nokia have given themselves a double challenge: to restore their credibility in terms of making hardware smartphones and succeed with the Microsoft Windows operating system, which lags in the market,” the executive said. “If the Lumia with the same hardware came with Android in it and not Windows, it would be much easier to sell.” More →
Each vendor handles widespread bug reports in its own unique way. Some companies do their best to avoid acknowledging issues unless coverage spills over into the mainstream media. Other companies try to communicate with the public while they perform tests and attempt to fix bugs. Nokia on Tuesday took things a step further by taking escalating concerns about a serious Lumia 900 bug and turing the situation into a public relations coup. More →
Nokia is in store for yet another rough quarter according to Canaccord Genuity analyst Mike Walkley. The struggling Finnish phone vendor posted a massive €954 million operating loss last quarter, and Walkley thinks the company’s first quarter of 2012 could disappoint again. “We are lowering our estimates ahead of Nokia’s Q1/12 earnings report as our checks indicate weak Symbian sales, seasonally soft feature phone sales, and a slow ramp in Windows smartphones,” the analyst wrote, reiterating a Hold rating on shares of Nokia stock and lowering his price target to $5. Read on for more. More →
Nokia’s first U.S. carrier-backed flagship smartphone to launch in years now occupies the top two spots on Amazon.com’s list of best-selling cell phones. The new Lumia 900 Windows Phone, which became available on April 8th, features a 1.4GHz processor, a 4.3-inch ClearBlack AMOLED display, compatibility with AT&T’s 4G LTE network and a sleek design that sets it apart from other full touchscreen handsets. Amazon’s charts listed the phone in the No.1 (black) and No.3 (cyan) spots during pre-sales, and now the cyan model has climbed one position to give Nokia first and second positions on the online retail giant’s list of best-selling phones. BGR reviewed the Nokia Lumia 900 last week and we called it Windows Phone’s best shot yet to gain ground against Android and Apple’s iPhone in the mass market. More →
Despite reinforcements arriving this year from Nokia, Microsoft’s Windows Phone platform will only account for 2% of all mobile application downloads in 2012, a recent report suggests. Market research firm ABI Research recently released a new study stating that nearly 36 billion apps will be downloaded to smartphones and tablets this year, and an overwhelming 83% of those downloads will be served to either Android or iOS-powered devices. “Although Windows Phone lags behind RIM’s BlackBerry and even Nokia’s Symbian, we shouldn’t ignore the fact that the two percent that we forecast for 2012 would be twice the share the platform achieved last year,” ABI analyst Lim Shiyang said in a statement. “Microsoft is gaining momentum, but its starting point is frustratingly low.” Devices like Nokia’s new Lumia 900, which BGR reviewed on Tuesday, are expected to improve Microsoft’s position in the smartphone market while the firm works on its next major OS release, Windows Phone 8. ABI Research’s press release follows below.
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 →
AT&T on Monday announced that Nokia’s latest flagship smartphone, the Lumia 900 Windows Phone, will launch on April 8th for just $99.99 on contract. The handset will be one of the most affordable flagship devices AT&T has ever launched thanks to what is reportedly a huge investment from Nokia and Microsoft, and the device will launch alongside a massive marketing and advertising campaign as well. BGR exclusively reported in January that the Lumia 900 would launch in March at just $99.99 on contract, but we said at the time that issues discovered during testing were preventing the handset from gaining technical acceptance. The phone’s launch target was later pushed back to late April before the release date finally settled on April 8th. We took a hands on look at the Lumia 900 when it was unveiled during the annual Consumer Electronics Show, and we called it a gorgeous smartphone that we couldn’t wait to see hit store shelves. The handset features a 4.3-inch ClearBlack AMOLED display, a 1.4GHz processor, 4G LTE and the Windows Phone 7.5 operating system. AT&T’s full press release follows below. More →
While the launch date has shifted several times over the past two months, BGR reported in January that the Lumia 900 would become available from AT&T at a shocking $99.99 price point — the lowest launch price for a flagship phone in recent history. The handset’s release will be accompanied by a marketing and advertising blitz aiming to familiarize the U.S. with Windows Phone, but educating the sales staff at AT&T stores and encouraging them to pitch the handset is a crucial piece of the puzzle that could lead to the device’s success. Nokia is reportedly taking things one step further — wpcentral on Friday reports that Nokia will finance a program allowing AT&T sales staff to trade in their current handsets for a brand new Lumia 900 at no cost. The program, which will see AT&T employees turn in iPhones and Android handsets for the Lumia 900, will reportedly cost Nokia as much as $25 million. BGR took a hands-on look at the AT&T’s upcoming flagship Windows Phone during the annual Consumer Electronics Show, and we described it as a gorgeous handset that improves upon the already-great Lumia 800. More →
Nokia’s upcoming Lumia 900 Windows Phone could be the first smartphone running Microsoft’s mobile operating system to really make a splash in the United States. BGR exclusively reported that the new flagship 4G handset will hit AT&T store shelves late next month alongside a massive marketing blitz and a big subsidy program that will leave the phone with a surprisingly low $99.99 price tag. As impressive as the Lumia 900 is shaping up to be, however, Nokia is apparently working on another smartphone with new technology that will blow us all away. Read on for more. More →
During Nokia’s press conference at Mobile World Congress 2012, the Finnish smartphone maker introduced the Nokia 808 PureView. The handset is equipped with a jaw-dropping 41 megapixel camera, a 1.3GHz single-core processor, 512MB of RAM and the dated Symbian Belle operating system. The high resolution 41 megapixel sensor features Carl Zeiss optics and new pixel oversampling technology that allows you to zoom in without any loss of clarity when taking pictures at low resolutions. Nokia’s VP of Marketing, Jo Harlow, confirmed to Finnish newspaper Aamulehti that its PureView technology is heading to the Windows Phone mobile platform as a part of the Lumia series of smartphones. Harlow said that “it will not take very long” for the feature to come to its Windows Phone handsets, although he didn’t give a precise timeframe. More →
While the Pureview 808 sort of stole the show, the Lumia 610 marks a significant release as well, and something that is worth paying attention to. The decidedly downmarket Windows Phone device aims to provide the Windows Phone experience to a much wider array of folks, and we think Nokia might have a hit on their hands. The new suite of Nokia software includes a Library app, and a completely revamped Maps application. We had a chance to spend some time with the little guy, and we left generally pleased, though not overwhelmed. But, then again, we suppose that’s the goal with a 189 Euro smartphone, now isn’t it? Specs include 256 mb of RAM, a 3.7″ WVGA screen, a 5mp camera, and 8GB of onboard storage. Hit the gallery link below for some hands-on shots!
In less than one quarter with just two smartphones on the market, Nokia managed to take the top spot among Windows Phone vendors in the fourth quarter of 2011. Microsoft’s mobile platform still accounts for just a small fraction of Nokia’s smartphone sales, but the Finnish vendor is in the early stages of a transition that will eventually see Symbian devices eliminated from its portfolio. The Lumia 710 and Lumia 800 started things off, and Nokia revealed the Lumia 900 during the Consumer Electronics Show, a flagship device that BGR exclusively reported will launch on AT&T next month at a very aggressive $99.99 price point. Nokia is rumored to have at least two new devices that will be unveiled during today’s press conference — the entry-level Lumia 610 and a high-end camera phone expected to be the international version of the Lumia 900 — and we’re on hand to bring you all the news as it breaks. Hit the jump for our live coverage of Nokia’s press conference, which is scheduled to begin at 2:30 a.m. EST / 11:30 p.m. PST (8:30 a.m. local time in Barcelona). More →