Results 1 to 12 of 12

Thread: News - Nokia issues sales warning – shares spanked

  1. #1
    HEXUS.admin
    Join Date
    Apr 2005
    Posts
    31,709
    Thanks
    0
    Thanked
    2,073 times in 719 posts

    News - Nokia issues sales warning – shares spanked

    More bad news for the Finnish phone giant as margins plummet.
    Read more.

  2. #2
    Gentoo Ricer
    Join Date
    Jan 2005
    Location
    Galway
    Posts
    11,048
    Thanks
    1,016
    Thanked
    944 times in 704 posts
    • aidanjt's system
      • Motherboard:
      • Asus Strix Z370-G
      • CPU:
      • Intel i7-8700K
      • Memory:
      • 2x8GB Corsiar LPX 3000C15
      • Storage:
      • 500GB Samsung 960 EVO
      • Graphics card(s):
      • EVGA GTX 970 SC ACX 2.0
      • PSU:
      • EVGA G3 750W
      • Case:
      • Fractal Design Define C Mini
      • Operating System:
      • Windows 10 Pro
      • Monitor(s):
      • Asus MG279Q
      • Internet:
      • 240mbps Virgin Cable

    Re: News - Nokia issues sales warning – shares spanked

    Hands up if you're as blind as a bat and didn't see that coming!






    No? Anyone?

    Strategy transitions are difficult...
    And some strategies are just incompetent.
    Quote Originally Posted by Agent View Post
    ...every time Creative bring out a new card range their advertising makes it sound like they have discovered a way to insert a thousand Chuck Norris super dwarfs in your ears...

  3. #3
    Seething Cauldron of Hatred TheAnimus's Avatar
    Join Date
    Aug 2005
    Posts
    17,168
    Thanks
    803
    Thanked
    2,152 times in 1,408 posts

    Re: News - Nokia issues sales warning – shares spanked

    Quote Originally Posted by aidanjt View Post
    And some strategies are just incompetent.
    What are you saying they should have done? At the point elop came around I mean.

    They had seen nothing on their mego platform. Symbian was just a turd, it in a way makes programming iOS look pleasant, there is no worse insult for a dev platform than that.

    If they had gone droid they would have been head to head with these big Chinese firms, the ones who are making the nock off nokias right now.

    I think they way they announced it was silly, they should have just dicked over their partners and not told anyone until it was more imminent.
    throw new ArgumentException (String, String, Exception)

  4. #4
    OilSheikh
    Guest

    Re: News - Nokia issues sales warning – shares spanked

    They should have brought out Touchscreen phones years ago!

    They didn't and LG and Samsung and HTC gained the market.

  5. #5
    Senior Member
    Join Date
    Aug 2003
    Location
    Wonderful Warwick!
    Posts
    3,919
    Thanks
    4
    Thanked
    183 times in 153 posts

    Re: News - Nokia issues sales warning – shares spanked

    Been saying this for years...Nokia phones just aren't fashionable anymore! I don't know anyone with any tech knowledge that has been pleased with their Nokia for years compared to the competition..
    Old puter - still good enuff till I save some pennies!

  6. #6
    Gentoo Ricer
    Join Date
    Jan 2005
    Location
    Galway
    Posts
    11,048
    Thanks
    1,016
    Thanked
    944 times in 704 posts
    • aidanjt's system
      • Motherboard:
      • Asus Strix Z370-G
      • CPU:
      • Intel i7-8700K
      • Memory:
      • 2x8GB Corsiar LPX 3000C15
      • Storage:
      • 500GB Samsung 960 EVO
      • Graphics card(s):
      • EVGA GTX 970 SC ACX 2.0
      • PSU:
      • EVGA G3 750W
      • Case:
      • Fractal Design Define C Mini
      • Operating System:
      • Windows 10 Pro
      • Monitor(s):
      • Asus MG279Q
      • Internet:
      • 240mbps Virgin Cable

    Re: News - Nokia issues sales warning – shares spanked

    I do. But then she has actual tech knowledge, and being a dwm user, her N900 suits her..

    Sadly, now that Nokia are WP7 exclusive, Nokia has neither sex nor geek appeal any more. They're just finished. No doubt the vultures are just waiting for their stock to hit rock bottom before snapping it up.
    Quote Originally Posted by Agent View Post
    ...every time Creative bring out a new card range their advertising makes it sound like they have discovered a way to insert a thousand Chuck Norris super dwarfs in your ears...

  7. #7
    Registered User
    Join Date
    Apr 2011
    Posts
    8
    Thanks
    0
    Thanked
    0 times in 0 posts

    Re: News - Nokia issues sales warning – shares spanked

    I hope Nokia And Microsoft will definitely give us surprising super phones in future.

  8. #8
    Senior Member
    Join Date
    Jun 2004
    Location
    Kingdom of Fife (Scotland)
    Posts
    4,991
    Thanks
    393
    Thanked
    220 times in 190 posts
    • crossy's system
      • Motherboard:
      • ASUS Sabertooth X99
      • CPU:
      • Intel 5830k / Noctua NH-D15
      • Memory:
      • 32GB Crucial Ballistix DDR4
      • Storage:
      • 500GB Samsung 850Pro NVMe, 1TB Samsung 850EVO SSD, 1TB Seagate SSHD, 2TB WD Green, 8TB Seagate
      • Graphics card(s):
      • Asus Strix GTX970OC
      • PSU:
      • Corsair AX750 (modular)
      • Case:
      • Coolermaster HAF932 (with wheels)
      • Operating System:
      • Windows 10 Pro 64bit, Ubuntu 16.04LTS
      • Monitor(s):
      • LG Flattron W2361V
      • Internet:
      • VirginMedia 200Mb

    Re: News - Nokia issues sales warning – shares spanked

    Quote Originally Posted by 3dcandy View Post
    Been saying this for years...Nokia phones just aren't fashionable anymore! I don't know anyone with any tech knowledge that has been pleased with their Nokia for years compared to the competition..
    Granted it's not "fashionable", but the 2330 I use for work is actually pretty decent, it just does the call/text job I bought it for with no complaints. Ye olde N95 was actually okay (good call quality, some good features, but the smartphone bits were - ahem - in need of some TLC).

    If anyone wants my opinion, I think Nokia screwed up by having too many platforms and especially not looking for a Symbian exit strategy when the iPhone came out. I'm really unconvinced that Meego will be a good phone platform, so unless Nokia come out with an N770,N800 etc successor then it's not really for them.

    I also think that we're going to see bad news after more bad news from Nokia until they've managed to ship WP7 product for a while. And I'm also hoping that they manage to add some Nokia tweaks to WP7 - otherwise why buy one rather than an HTC?

    Although if they do start a crash dive into terra firma, then I'd hope that Google would be waiting to try and pick up some of their IP, as it'd be a great way to protect themselves from Apple etc. Plus, although it kind of contradicts what I said about platforms, I really would have like to have seen Nokia do a high-end Android phone.
    Last edited by crossy; 01-06-2011 at 08:58 AM.

    Career status: still enjoying my new career in DevOps, but it's keeping me busy...

  9. #9
    Seething Cauldron of Hatred TheAnimus's Avatar
    Join Date
    Aug 2005
    Posts
    17,168
    Thanks
    803
    Thanked
    2,152 times in 1,408 posts

    Re: News - Nokia issues sales warning – shares spanked

    Quote Originally Posted by aidanjt View Post
    Sadly, now that Nokia are WP7 exclusive, Nokia has neither sex nor geek appeal any more. They're just finished. No doubt the vultures are just waiting for their stock to hit rock bottom before snapping it up.
    You know I'm just not so sure.

    I don't think they are finished per say, depressed, probably going to get a bit worse, but they may well find their place in the market again.

    That would be mid level phones. Something better than the $100 andriods we are being promised will be flooding the market in 2012, not competiting with the chinese factories that are currently churning out the nock off nokias which are so popular in the 3rd world.

    I doubt they will do anything to compete directly with iPhone in the next 24 months. But there could be quite a cash cow amoungst the $250 bracket.

    Myself I'm tired of phones that cost £500 and aren't built to tackle my daily life. Ok that latter part applies only to the iPhone, the HTC Desire I had was very well made, but it just cost too much. WP7 runs smoothly on low cost hardware. It will provide a better user-experiance than any andriod device on the same or slightly better hardware, I had a 2.2 andriod, snapdragon, and the Omnia7 feels like newer hardware.... It isn't, its just better software.

    So if they can get something in that cheaper bracket, which does pretty much everything, they might well be on to something. Fighting andriod at the $100 bracket is hard, and thin on margins, fighting it at $250 should be quite easy.
    throw new ArgumentException (String, String, Exception)

  10. #10
    Senior Member
    Join Date
    Jun 2004
    Location
    Kingdom of Fife (Scotland)
    Posts
    4,991
    Thanks
    393
    Thanked
    220 times in 190 posts
    • crossy's system
      • Motherboard:
      • ASUS Sabertooth X99
      • CPU:
      • Intel 5830k / Noctua NH-D15
      • Memory:
      • 32GB Crucial Ballistix DDR4
      • Storage:
      • 500GB Samsung 850Pro NVMe, 1TB Samsung 850EVO SSD, 1TB Seagate SSHD, 2TB WD Green, 8TB Seagate
      • Graphics card(s):
      • Asus Strix GTX970OC
      • PSU:
      • Corsair AX750 (modular)
      • Case:
      • Coolermaster HAF932 (with wheels)
      • Operating System:
      • Windows 10 Pro 64bit, Ubuntu 16.04LTS
      • Monitor(s):
      • LG Flattron W2361V
      • Internet:
      • VirginMedia 200Mb

    Re: News - Nokia issues sales warning – shares spanked

    Quote Originally Posted by TheAnimus View Post
    You know I'm just not so sure.I don't think they are finished per say, depressed, probably going to get a bit worse, but they may well find their place in the market again.
    Agree - think Nokia know too much about the phone market to just disappear (as has been touted on some of the Apple-leaning blogs I've seen). They're still shipping so many dumbphones that it's surely likely that this'll keep them ticking over until the higher margin stuff is ready.
    Quote Originally Posted by TheAnimus View Post
    Myself I'm tired of phones that cost £500 and aren't built to tackle my daily life. Ok that latter part applies only to the iPhone, the HTC Desire I had was very well made, but it just cost too much. WP7 runs smoothly on low cost hardware. It will provide a better user-experiance than any andriod device on the same or slightly better hardware, I had a 2.2 andriod, snapdragon, and the Omnia7 feels like newer hardware.... It isn't, its just better software.
    Hmm, agree with that first sentence, not so sure about the rest. By the time that Nokia get their WP7 phone(s) out then Android will have had a couple of minor updates by then (perhaps even ICS). A lot of the "problems" with the Android front-end can be laid at the door of the manufacturers - they add value with their front ends, but some/most of these aren't the best, and actually make a pretty good device feel poor. Personal experience - replaced my stock X10 UI with the one from the Arc (thanks to Cyanogen) and it's a whole new ball game.
    Quote Originally Posted by TheAnimus View Post
    So if they can get something in that cheaper bracket, which does pretty much everything, they might well be on to something. Fighting andriod at the $100 bracket is hard, and thin on margins, fighting it at $250 should be quite easy.
    Personally I think there's three markets here - personal, business and cross-over. Apple and Android seem to be going for the personal market (lots of "shiny, shiny"), HP/Palm and Blackberry are business oriented (three question integration with MS-Exchange, VPN, etc), but Nokia with WP7 could fit nicely in the cross-over category. A Nokia phone with MS software surely MUST be a dead cert to slot neatly into any corporate environment (mail, im, etc), and the XBox/Zune features will be nice for when the working day is done. That's not to say that you can't use iPhone for business (as seems to be de rigeur for marketing departments), nor use Blackberry as a personal phone.
    As you say, Elop & co would have to be stark, staring mad to go for the low-end market, stick to the mid to high-range. And here's hoping that the Cassandra's who fortold that the smartphone market will be iOS and Android are proved wrong. (Oh, and that Nokia come up with designs that are more imaginative than the black-plastic-slabs that seem to be in vogue at the moment - kudos to SonyEricsson for being different).

    Career status: still enjoying my new career in DevOps, but it's keeping me busy...

  11. #11
    Moosing about! CAT-THE-FIFTH's Avatar
    Join Date
    Aug 2006
    Location
    Not here
    Posts
    32,039
    Thanks
    3,910
    Thanked
    5,224 times in 4,015 posts
    • CAT-THE-FIFTH's system
      • Motherboard:
      • Less E-PEEN
      • CPU:
      • Massive E-PEEN
      • Memory:
      • RGB E-PEEN
      • Storage:
      • Not in any order
      • Graphics card(s):
      • EVEN BIGGER E-PEEN
      • PSU:
      • OVERSIZED
      • Case:
      • UNDERSIZED
      • Operating System:
      • DOS 6.22
      • Monitor(s):
      • NOT USUALLY ON....WHEN I POST
      • Internet:
      • FUNCTIONAL

    Re: News - Nokia issues sales warning – shares spanked

    I think a lot of the Nokia phone hardware is actually still quite decent and it is the software which lets it down.

    The N8 is a lovely piece of hardware and if shipped WM7 or Android it would have been a much more viable piece of hardware.

  12. #12
    Senior Member
    Join Date
    Jun 2004
    Location
    Kingdom of Fife (Scotland)
    Posts
    4,991
    Thanks
    393
    Thanked
    220 times in 190 posts
    • crossy's system
      • Motherboard:
      • ASUS Sabertooth X99
      • CPU:
      • Intel 5830k / Noctua NH-D15
      • Memory:
      • 32GB Crucial Ballistix DDR4
      • Storage:
      • 500GB Samsung 850Pro NVMe, 1TB Samsung 850EVO SSD, 1TB Seagate SSHD, 2TB WD Green, 8TB Seagate
      • Graphics card(s):
      • Asus Strix GTX970OC
      • PSU:
      • Corsair AX750 (modular)
      • Case:
      • Coolermaster HAF932 (with wheels)
      • Operating System:
      • Windows 10 Pro 64bit, Ubuntu 16.04LTS
      • Monitor(s):
      • LG Flattron W2361V
      • Internet:
      • VirginMedia 200Mb

    Re: News - Nokia issues sales warning – shares spanked

    Quote Originally Posted by CAT-THE-FIFTH View Post
    I think a lot of the Nokia phone hardware is actually still quite decent and it is the software which lets it down.
    Funnily enough, that's the comment that's repeated (frequently) on the SonyEricsson site concerning their SE's Android phones...

    Career status: still enjoying my new career in DevOps, but it's keeping me busy...

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 6
    Last Post: 22-06-2009, 08:01 PM
  2. News - Foxconn issues profit warning
    By HEXUS in forum HEXUS News
    Replies: 0
    Last Post: 20-01-2009, 12:25 PM
  3. News - NVIDIA issues dramatic revenue warning
    By HEXUS in forum HEXUS News
    Replies: 9
    Last Post: 13-01-2009, 10:57 PM
  4. Replies: 0
    Last Post: 02-12-2008, 02:23 PM
  5. News - BT issues profit warning, exec walks
    By HEXUS in forum HEXUS News
    Replies: 6
    Last Post: 01-11-2008, 04:34 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •