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Nokia Q1 2012: 1.3b operating loss, 11.9 million smart devices sold
- Thread starter brotkasten
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Good Job Bob
Member
More like e-Flop, amirite?
brotkasten
Member
Favorite song of Nokia's board? "Yeah Yeah Yeahs - Heads will roll"
They're not over a million, so not really worth reporting.
http://www.theverge.com/2012/4/19/2959597/Nokia-colin-giles-quits-vp-sales
They're not over a million, so not really worth reporting.
KillerMan91
Member
After moving from Symbian to WP I think it was pretty much given that they have at least a year of very rough time. No one is buying Symbian phones as they have no future but at the same time they don't have WP phones to offer in cheaper phone models were they usually do the best. When they get full range of WP phones from cheap normal phones to high end smartphones we will see how they do.
brotkasten
Member
Breakdown of all phones (not just smartphones):
MEA: Middle East and Africa
APAC: Asia-Pacific
LA: Latin America
China hit them pretty hard. No wonder they're pushing for lower-end spec'd Windows Phones like mad.
Lagspike_exe
Member
Betting on WP7 was one of the dumbest things they did. They still had some brand loyalty and they know how to make hardware. Their Android phones would sell amazingly. I don't know anyone even thinking about buying Nokia WP7 phone.
I don't know anyone even thinking about buying a WP7 phone full stop.
The lack of mindshare is amazing considering Microsoft's money, and how they say hammered Kinect into the collective consciousness. Even the Lumia ads in the UK, which were very well done and caught your attention, only mentioned WP7 in smallprint.
It's good to be different, but not when people don't know why you're different.
Apple no, google yes.
wat
Thanks, how does a company like MS invest so much for so little return ?
They must burn through money like mad.
My sister wants an 800. Because she can have a pink one and looks nice (will grant it that). Didn't even know it was windows phone.
PetriP-TNT
Member
When you live in Finland, you can just feel how Nokia is GONE in next 3-5 years. The smell just floats around in the air here.
Its money that would otherwise be paid in tax usually. Hence why companies don't often give a crap. Also MS are playing the long long game, rather like with the 360 (perhaps not with the same results however)
What wat?
I assume he was asking from a financial point of view. I guess he may have meant phone market share, which is a completely different answer.
Stumpokapow
listen to the mad man
Wait, what?
You couldn't be using market cap as a comparison (Apple is significantly larger than MS and Google)
You couldn't be using revenue as a comparison (Apple is significantly larger than MS and Google)
You couldn't be using total assets as a comparison (Apple > MS > Google)
You couldn't be using employee headcount as a comparison (MS > Apple > Google)
You couldn't be using age as a comparison (MS ~= Apple > Google)
You couldn't be using mobile phone sales as some sort of round-about comparison (Google and MS don't sell cell phones, Apple does; Apple's cell phone outsells any Android phone individually but Android phones together outsell Apple's phones, both Apple and Google's offerings vastly outsell WP7)
... so what comparison are you making
I imagine the end result of the ads for most who made it as far as a shop would have been "Oh, so it isn't Android?" and fear of the unknown kicks in plus being the odd one out with friends and what apps they have and stuff.
They needed to sell WP7 as much as the phones, otherwise what was the point of the whole venture.
Lucky you guys got Angry Birds to fall back on >.<
Could be using total mobile phone unit volumes per quarter which includes both feature and smart phones. Though Apple outsells Nokia in smart phone units per quarter (37 vs 12 million), Nokia still sells 82 million total a quarter.
PetriP-TNT
Member
First we had wood industry. Then we had Nokia. Now we have birds that break shit.
I like where this is going
Yeah, sorry.. somewhat mis answered the question.
Answered it as if the question was "are ms bigger than google and apple." I was thinking market cap though.
brotkasten
Member
Stumpokapow
listen to the mad man
This totally makes more sense
Nokia: The choice of drug dealers who need cheap burner phones since 1993
If the rumour about the Apollo update not being available for the current Lumia phones is true then they double-screwed them.
Requiem For A Dream fashion.
They joined up with MS because they were already screwed.
brotkasten
Member
But it's like barely surviving a massive car accident, just to get hit by the ambulance.
Then reversed over.
mescalineeyes
Banned
People should really give the Lumia 800 a chance.
Especially those who only kinda want a smartphone but don't want to spend that kind of money. You can find brand new unlocked models for 300 Euros and cheaper here.
Especially those who only kinda want a smartphone but don't want to spend that kind of money. You can find brand new unlocked models for 300 Euros and cheaper here.
Phantast2k
Member
First Sega (WinCE), now Nokia. Well done, Microsoft, well done!
Guerrillas in the Mist
Member
So is there seriously no money to be made off the low-end phones? Because last time I checked, Nokia more or less dominated that sector of the mobile market.
i was typing something on my phone before i got in my office... saw this, and decided i couldn't have said it any better
Kong Fisso
Banned
This totally makes more sense
Nokia: The choice of drug dealers who need cheap burner phones since 1993
They should work this angle in advertising. Maybe strike up a deal with burn notice.
zomgbbqftw
Banned
No, they could easily have pursued MeeGo with Hartmann, it was getting rave reviews all around and it would have been very quick to roll out. It would also have been under their control. The extra year's wait that Nokia had to roll out Lumia vs Android is what killed them. While Samsung, HTC, Moto, and Sony Ericsson were putting out iPhone alikes with qHD multi-touch screens and a packed Marketplace, Nokia were stuck with Symbian Belle and MeeGo. The latter would have been attractive, but Elop came out and said it was one of a kind and that Nokia wouldn't support the OS with development resources so it tanked as well.
Elop poisoned the Nokia well to make WP7 more attractive and now the former industry titan is paying for it. What's sad is that Sony (Ericsson) likely sold more smartphones this quarter than Nokia.
Stumpokapow
listen to the mad man
Many of those phones sell for $100 or less with no subsidy at all; even with 80 million of them a year, that's less than a billion dollars in gross, notwithstanding costs of production and distribution.
Why would you think MS had a bigger market cap than Apple? That wouldn't make any sense with how the industry is currently. I would think it would be obvious Apple has a larger market cap.
Lagspike_exe
Member
MeeGo would have bombed stronger than WP7. WP7 has at least MS to back it, MeeGo would be DOA.
Souldriver
Member
I really doubt Meego would've been any better. That OS was dead on arrival. Perhaps if Nokia had gone with Android, things would've looked better than it does today though.
Still though, now that Nokia is MS's bitch, I hope they at least get some advantages of it as well. MS better bail out Nokia and throw massive amounts of money towards their WP7/8 platform to make it reach critical mass.
It's a long shot, but if MS/Nokia manages to make WP a valid platform, and Nokia is the privileged provider of said platform, maybe Nokia could end up having a decent future after all.
I really doubt it. Nokia would be yet company that produces Android phones. The competition is huge, both in budget and high-end phones, and I doubt Nokia would be able to break through it.
brotkasten
Member
What extra year wait? The N9 with MeeGo in beta state came out last summer, the Lumia 800 with WP 7.5 came out two or three months later. The 7.5 update also got "raving reviews" and everyone's crushing it now for the lack of apps. How on earth would Meego been the better choice?
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