Read more.Finnish company's woes continue.
Read more.Finnish company's woes continue.
Seems Nokia are on a right downward spiral at the moment...
http://www.bbc.co.uk/news/business-13682580
Old puter - still good enuff till I save some pennies!
Nokia aren't even at the bottom yet of their spiral down (personal view)
I am not convinced they will get back into the smart phone market. Although, I am currently in Poland on holiday and surprising the number of Nokia's being sold. I've seen a number of people using the N8 and E7 and not seen any Desire HD or modern phone like that. I've only seen one shop with the Galaxy S and it was very expensive. So maybe Nokia will continue to appeal to the budget/mid market in the long term.
Nokia user base in mid European markets is still good, along with emerging markets at the low end of the price scale.....which is where there problems lie. Struggling to make large margins, struggling to get desirable handsets out, and going 100% to the weakest smartphone platform means they will struggle, if they survive at all. I read today that by 2015 WP7 will have 20% of the market.....I honestly can't see that happening at all. That will only happen if Nokia give the handsets away...in which case they might as well give the company away!
Old puter - still good enuff till I save some pennies!
Here's another interesting article about Nokia's current problems and how they are escalating...
http://www.brightsideofnews.com/news...s-stopped.aspx
Old puter - still good enuff till I save some pennies!
Interesting?
The guys amazingly biased. Before he even says anything useful he dedicates the first two paragraphs to slagging off the new CEO.
He glosses over the burning platform memo, the massively declining smartphone market share, to start saying that Orange, in store, are selling fewer phones in the UK. No **** sherlock. Everyone is buying smartphones from the brick and mortar operator stores, they want to upsell them to good devices. Those buying the low end ones get them from tesco. So with no acknowledgment of trends, he goes on.
Yes Elop has killed symbian, get the fornication over it dude. Yes the channel is saying "no point stocking this phone is there" they would be fools not too. I just got bored when he started to state they should reverse this decision immidately, without saying anything about the prior issues, the fact they are loosing dumb phone ground to cheaper chinese firms, and even nock off nokias.
Its a rainy sunday and I'm finding it hard to have excuses not to do my paper work, I quit reading this guys rant, masqurading as news and had a look at his other stuff to see if relgiious ideals and bitter hatred pass as normal for his output. He seems to be a raging fanboy.
I honestly don't know how so many journos can afford to keep themselves in Ipads and Hoxton apartments, most of them, like Tomi Ahonen are demonstrably ignorant of their field, lacking any demonstration of analysis, just cherrypicking something to suit their agenda.
Oh and on a quickie, I think nokia is screwed, they don't want / can't compete in the ultra low end space. How do you differianciate yourself in the $100-150 space? And just going up against HTC/Samsung will at best make them a minor player. In fact its probably only that deal with microsoft to let them do things that the other partners can not which gives them any hope. Andriod wouldn't have offered that and mego everyone admits is a joke.
So as soon as the shares really bottom out, might have some nice steady little earners. People called me mad when I bought ARM a decade a ago.....
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Yup interesting in some points, not the best of articles...but still interesting! I have a "mate" who's a manager at CPW and he reckons you can't give away Nokia's to savvy customers, but they are still being bought by older generations "who don't know better"
Old puter - still good enuff till I save some pennies!
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