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-   -   Let's talk Nokia stock! (https://talk.maemo.org/showthread.php?t=56370)

Dave999 2010-06-16 16:56

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by Patroclo (Post 717789)
It's rather strange to see people who are happy about Nokia's financial problems.
If Nokia will close, then you cannot buy Nokia products any more.
Think about it...

I don't see so many ppl happy about nokia's fincial problems. But huge changes in stock value is always interesting. I look at it from the "buy stock and make money" point of view. Not if I can buy their phone or not. Boring but true :)

bugelrex 2010-06-16 17:03

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by wmarone (Post 717816)
OH NO MY N900 SUDDENLY BECAME TERRIBLE!

Seriously, put this in general or in offtopic.

This is relevant, if their profits decline more it more likely they scrap (layoff) all future development/fixes on the N900. If it becomes bad enough they may even scrap meego and give up on high-end altogether to save costs....

schettj 2010-06-16 17:05

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
None of that has to do with the n900, of course. But yay, the sky is falling.

danramos 2010-06-16 17:06

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by wmarone (Post 717808)
Depends, do you like being forced into contracts and using pseudo-Java OSes? I know you bought an N1, but no one's selling non-user-hostile Android devices these days now that Google gave up.

I bought a Motorola Droid, btw, not an N1. And I bought primarily as my PHONE--not as a replacement for my N800, although I'm quickly finding it to be a very capable replacement for many of the things I had used the N800 for. I would have PREFERRED a suitable replacement for my N800 so that I don't use the DROID (not N1) for those things, but I don't understand your hostility argument seeing as how Nokia has provided a cellphone instead of a computer and then crippled the OS through its tivoization and utter lack of attention to community concerns with its OS's.

What contract did I get forced into that I wouldn't have gotten with a Nokia N900? Subsidization of the Motorola DROID (not N1) is optional, you know.. I didn't HAVE to have any contracts and I can still buy my way out of it. That's CHOICE. Plus, I get walk-in support through Verizon stores for the hardware--Something I rather liked.

ysss 2010-06-16 17:08

Re: Lets talk Nokia stock!
 
Is Nokia's position in low-end/mid-market any better than in high-end smartphone segment?

I'd think the competition from the far-eastern companies will be tougher than ever.

schettj 2010-06-16 17:10

Re: Lets talk Nokia stock!
 
Nokia Stock: good time to buy.

sjgadsby 2010-06-16 17:13

Re: Lets talk Nokia stock!
 
The thread "Nokia gives profit warning. Stock is tanking. They deserve it" with eight posts has been merged into this thread.

HellFlyer 2010-06-16 17:17

Re: Lets talk Nokia stock!
 
1 Attachment(s)
Quote:

Originally Posted by quipper8 (Post 717814)
here is a good read about their strategy

http://www.nokia.com/NOKIA_COM_1/Tec...hite_paper.pdf

Interesting document indeed

Here is what Nokia says about Maemo

Quote:

The Nokia N900, based on Maemo 5, is aimed at technology
enthusiasts
and offers the full Internet with
no comprise, the ability to multitask and a new user
interface including the panorama desktop. In all areas
we want to provide the industry leading experience, to
this end, we are including market leading experiences,
such as a Mozilla based browser, Microsoft Exchange
email integration, and our own Ovi services.

Maemo is an advanced Linux based computing platform.
It uses the standard Linux Kernel 2.6 - not a
proprietary mobile Linux kernel - and other standard
upstream open source components. In developing
Maemo, we have worked in and with leading open
source projects; in fact, over 80% of Maemo code is
comprised of upstream open source software
. What we
add is our expertise in user experience, user interface,
hardware and services integration.


Here is Symbian ^4 user interface

Symbian^4 will offer redesigned user experienceAttachment 11127

- simplified interaction with beautiful interface.

wmarone 2010-06-16 17:19

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717837)
I bought a Motorola Droid, btw, not an N1. And I bought primarily as my PHONE--not as a replacement for my N800, although I'm quickly finding it to be a very capable replacement for many of the things I had used the N800 for.

Sorry, a DROID. Good to hear it's working out for you.

Quote:

I don't understand your hostility argument
To gain control over the device to the extent that you can on the N900 (closed bits not withstanding) you must root the device. This usually involves finding an exploit, which will likely be patched later. This is true for all Android devices save those sold by Google directly.

Quote:

crippled the OS through its tivoization and utter lack of attention to community concerns with its OS's.
Well, "tivoization" describes Motorola's bent with every non-DROID phone they've released. TrustZone checking signed bootloaders checking signed kernels which check signed filesystems. Even with the difficulties that are present with the N900, it's nowhere near tivoized.

And IIRC, in ignoring community concerns I hardly think Nokia is alone (I don't recall Android implementing any sort of open governance, for better or worse.)

danramos 2010-06-16 17:25

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by wmarone (Post 717852)
Sorry, a DROID. Good to hear it's working out for you.


To gain control over the device to the extent that you can on the N900 (closed bits not withstanding) you must root the device. This usually involves finding an exploit, which will likely be patched later. This is true for all Android devices save those sold by Google directly.


Well, "tivoization" describes Motorola's bent with every non-DROID phone they've released. TrustZone checking signed bootloaders checking signed kernels which check signed filesystems. Even with the difficulties that are present with the N900, it's nowhere near tivoized.

And IIRC, in ignoring community concerns I hardly think Nokia is alone (I don't recall Android implementing any sort of open governance, for better or worse.)

You're still not really arguing FOR the N900 and Nokia.. you're just arguing AGAINST Google's Android. :P So far I'm not impressed with your argument. Especially the part about how I have to root my phone to get the same level of control you get from the N900. I haven't yet rooted my DROID so far and I've already got Python, Perl and BASH working on it..and I've installed Bluetooth keyboard drivers and I regularly use it to ssh to remote servers.

I STILL don't get your argument.

Texrat 2010-06-16 17:32

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by Average Joe (Post 717712)
Ouch! From a high of $40 a share in 2008, to $8 a share today. Not cool if you are a shareholder.

Very cool though if you sold close to that $40 and are buying now. ;)

Quote:

Originally Posted by ysss (Post 717838)
Is Nokia's position in low-end/mid-market any better than in high-end smartphone segment?

I'd think the competition from the far-eastern companies will be tougher than ever.

Low end has been doing great for Nokia in certain markets. They have struggled in the midrange but mainly because it's disappearing as they knew it in their mature markets. Smartphones are pushing down into the midrange and changing the game. Nokia WILL do well there, but not for a year or so.

wmarone 2010-06-16 17:38

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717859)
I STILL don't get your argument.

Very well. I'm going to stop now, since I'd rather not have to defend the N900 and my preference for it over Android against all comers, especially here (this site must be packed with more N900/Maemo haters than anywhere else.) Suffice it to say, I see much more value in a software stack that doesn't reinvent the wheel and isn't wholly controlled by a single entity.

This is why I'll sooner put my efforts behind MeeGo, underdog that it is, than anything Android.

colnago 2010-06-16 17:40

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by HellFlyer (Post 717850)
Here is Symbian ^4 user interface

Symbian^4 will offer redesigned user experience

- simplified interaction with beautiful interface.

Will the new Symbian OS on the N8 be able to run current Symbian apps? I'm suffering from Slingmobile withdrawl.

Dave999 2010-06-16 17:40

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by Texrat (Post 717863)
Very cool though if you sold close to that $40 and are buying now. ;)

Yes, indeed. I think we can sell it for 40 in few years, just have to find lowast possible price.:p don't forget that Ericsson(before SonyEricsson) stock almost hit 0 ten years ago.

danramos 2010-06-16 17:43

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by wmarone (Post 717870)
Very well. I'm going to stop now, since I'd rather not have to defend the N900 and my preference for it over Android against all comers, especially here (this site must be packed with more N900/Maemo haters than anywhere else.) Suffice it to say, I see much more value in a software stack that doesn't reinvent the wheel and isn't wholly controlled by a single entity.

This is why I'll sooner put my efforts behind MeeGo, underdog that it is, than anything Android.

Good luck.. I sincerely hope you succeed because it kills me that Nokia's ruined what HAD been a GREAT platform.

ysss 2010-06-16 18:22

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by Texrat (Post 717863)
Low end has been doing great for Nokia in certain markets. They have struggled in the midrange but mainly because it's disappearing as they knew it in their mature markets. Smartphones are pushing down into the midrange and changing the game. Nokia WILL do well there, but not for a year or so.

Yeah, they had several things going for the low/mid-range crowd:

1. Great brand name recognition known as segment leader
2. Great UI from symbian
3. Great build quality

I think #1 is being seriously challenged by the increasingly viable competitions (in respective segments) and also by Nokia's receding leadership in the high-end segment. The high end smartphones have always been the showcase of new technology and they obviously can get a LOT of free publicity by playing well in that segment. Unfortunately it's affecting them negatively lately.

They still lead #2 in low/mid range, but as you said the mid is disappearing and Android is going mid/low to challenge them...

They still have #3, although the competitions don't seem to have problem with this.

danramos 2010-06-16 18:37

Re: Lets talk Nokia stock!
 
What kills me is that Nokia doesn't even have to provide an OS at all, if they bothered to sell us a completely open platform. If they simply said, 'Here.. here's a great piece of hardware and here's the whitepapers for all the hardware, some sample driver code... HAVE AT IT!', they could have put more of their resources toward making EXCELLENT hardware and could have no given a damn about how the OS was turning out and it would have looked a lot more like the desktop Linux platform where businesses bought the hardware for their utility and the individuals bought it as an enthusiast's platform to develop as a possible solution for their fellow users.

Ugh. Whatever, man. Nokia missed such good opportunities so badly.

quipper8 2010-06-16 18:37

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by ysss (Post 717936)
Yeah, they had several things going for the low/mid-range crowd:

1. Great brand name recognition known as segment leader
2. Great UI from symbian
3. Great build quality

I think #1 is being seriously challenged by the increasingly viable competitions (in respective segments) and also by Nokia's receding leadership in the high-end segment. The high end smartphones have always been the showcase of new technology and they obviously can get a LOT of free publicity by playing well in that segment. Unfortunately it's affecting them negatively lately.

They still lead #2 in low/mid range, but as you said the mid is disappearing and Android is going mid/low to challenge them...

They still have #3, although the competitions don't seem to have problem with this.

so you say "had" but then expound upon that by saying basically they still "have".

Anyway, their strategy in this respect is qwerty+touchscreen s40 devices even cheaper through standardized outsourced chipsets and bundled with a stack of nokia services. So if you are in kenya, you will soon be able to get, just as cheap as most any phone on the market, an s40 device with touchscreen, qwerty, dual sim, navigation, life tools, long battery, etc etc.

ysss 2010-06-16 18:40

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by quipper8 (Post 717950)
so you say "had" but then expound upon that by saying basically they still "have".

Anyway, their strategy in this respect is qwerty+touchscreen s40 devices even cheaper through standardized outsourced chipsets and bundled with a stack of nokia services. So if you are in kenya, you will soon be able to get, just as cheap as most any phone on the market, an s40 device with touchscreen, qwerty, dual sim, navigation, life tools, long battery, etc etc.

Please excuse my faux pas, english isn't my first language.

quipper8 2010-06-16 18:42

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717949)
What kills me is that Nokia doesn't even have to provide an OS at all, if they bothered to sell us a completely open platform. If they simply said, 'Here.. here's a great piece of hardware and here's the whitepapers for all the hardware, some sample driver code... HAVE AT IT!', they could have put more of their resources toward making EXCELLENT hardware and could have no given a damn about how the OS was turning out and it would have looked a lot more like the desktop Linux platform where businesses bought the hardware for their utility and the individuals bought it as an enthusiast's platform to develop as a possible solution for their fellow users.

Ugh. Whatever, man. Nokia missed such good opportunities so badly.

I would say that the n900 is probably as close as we will ever get to that for quite a while

danramos 2010-06-16 18:43

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by ysss (Post 717959)
Please excuse my faux pas, english isn't my first language.

AHHHA! It's FRENCH! ;)

ysss 2010-06-16 18:46

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by danramos (Post 717964)
AHHHA! It's FRENCH! ;)

lol no.. i'm not that obvious =p

anyway, back to topic...

bugelrex 2010-06-16 18:48

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by danramos (Post 717949)
What kills me is that Nokia doesn't even have to provide an OS at all, if they bothered to sell us a completely open platform.

It is quite bizarre, their love for Symbian is just killing them.

The consumer complaints are about Symbian, why not make Windows 7, Android, Meego phones. At the end of the day, they sell kickass hardware and OK services.. why the un-dying love for Symbian??????

Better yet, allow dual booting

quipper8 2010-06-16 18:52

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by bugelrex (Post 717969)
It is quite bizarre, their love for Symbian is just killing them.

The consumer complaints are about Symbian, why not make Windows 7, Android, Meego phones. At the end of the day, they sell kickass hardware and OK services.. why the un-dying love for Symbian??????

Better yet, allow dual booting

i think they should rebrand across the range to avoid confusion, especially once they have the qt and wrt across the whole range something like

Nokia OS basic(s40)
Nokia OS Advanced(symbian 3 4)
Nokia OS Ultimate(Meego)

bsving 2010-06-16 18:54

Re: Lets talk Nokia stock!
 
The US bloggomedia has absolutely no grasp of the real world. They live inside a US (en)gadgetbubble with subsidized iDevices, extrapolating their totally screwed up view to the rest of the world.

Well, Sony Ericsson was declared dead by that US bloggosphere a year ago. This year the X10 mini will sell in tons and tons and probably put an end to EU/Japan sales of the iPhone. The X10 mini shows what the future of most touch screen phones will be, small simple and lighting fast - and cheap. The iPhone looks and feel like an insanely overpriced geek toy from the past in comparison.

The X10 mini will do no good to Nokia either, but unlike Apple, Nokia (and Samsung) have the ability to produce similar devices at similar price, while still making money. In fact, that is the plan for both companies, and the sole reason for developing Bada and Symbian^4.

Large touch screen phones will probably still sell, but it will be a minor niche in the big picture.

ysss 2010-06-16 18:58

Re: Lets talk Nokia stock!
 
@bsving: IMHO reality is what happens. If the reality is that us blogosphere 'journalists' have plenty of say to sway the customers, then Nokia has got to do something about them. Labeling them as bogeymen in hope that they'll disappear doesn't work.

leetut 2010-06-16 19:13

Re: Lets talk Nokia stock!
 
im actually glad to see nokia are losing money, after all they robbed me out of 500quid for my pre-order n97white, they built my hopes up so high on that phone and it would turn itself off everytime i took it out of my pocket to use it, i lost plenty of business (and money) due to that, and their customer service was so disgusting ill probs never call them again, i also vowed never to buy 1 of their products again after the Nightmare97 fiasco, but ended up getting hooked on the n900, the kbd, ram ect.. but mainly due to maemo5, (as ill never use symbian again) and the iphone is for 10 year old girls!
but for them to decide they were dropping maemo weeks after i shelled out another 500quid made me rather angry to say the least!
but...
N900 is clearly the best phone this planet has ever seen, imo anyway, and the future of meego looks like it will put nokia back on top again,
im extremely excited to see what there gonna do with meego, but they want to get a move on, and make sure meego is ready for release, more so than anything they've done before it, or they will be history, considering ive always bought nokia products for the past 10 years or so, i think i have a right to say that major *** needs to be kicked at nokia, and as im 99% sure ill be sticking by them id like to do the kicking!

danramos 2010-06-16 19:35

Re: Lets talk Nokia stock!
 
As pocket-sized tablet computers go, it's pretty good. As phones go, the N900 is awful. Sorry, but truth be told--it's an incredibly bad phone. :P

bsving 2010-06-16 19:43

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 717980)
@bsving: IMHO reality is what happens. If the reality is that us blogosphere 'journalists' have plenty of say to sway the customers, then Nokia has got to do something about them. Labeling them as bogeymen in hope that they'll disappear doesn't work.

I don't think you get it. The reality is not what the US blogosphere is portraying. Therefore they don't sway any customers in either direction. At best they only believe they do, and only if they happen to live inside the same bubble.

Texrat 2010-06-16 19:47

Re: Nokia gives profit warning. Stock is tanking. They deserve it
 
Quote:

Originally Posted by Dave999 (Post 717874)
Yes, indeed. I think we can sell it for 40 in few years, just have to find lowast possible price.

Actually you don't. Assuming the stock gets back to $40 (which I think is a safe assumption) then even my $14 purchases are good. If you're worried about the best margin, though, you'll never buy until it's too late. ;)

gerbick 2010-06-16 19:48

Re: Lets talk Nokia stock!
 
Heh... I purchased at 8.80. It better get back to $40.

ysss 2010-06-16 19:50

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by bsving (Post 718061)
I don't think you get it. The reality is not what the US blogosphere is portraying. Therefore they don't sway any customers in either direction. At best they only believe they do, and only if they happen to live inside the same bubble.

If they're not swaying any customers then there's no harm in them touting all the iPhones, androids and Blackberries while naysaying the nokias is there?

The reality is that for better or worse they have a loud voice on the net and they're usually the first to bring news in this segment that most of us watch. How they portray this news bit (their bias) will be tacked on to all the news bits that go through their digestive system.

JulmaHerra 2010-06-16 20:17

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by bugelrex (Post 717969)
It is quite bizarre, their love for Symbian is just killing them.

The consumer complaints are about Symbian, why not make Windows 7, Android, Meego phones. At the end of the day, they sell kickass hardware and OK services.. why the un-dying love for Symbian??????

Better yet, allow dual booting

Well, here's my two cents...

What are the biggest problems with Symbian? In my opinion, there are four major flaws at the moment:

- It's too complicated and difficult to work with from developer point of view
- GUI is not originally designed with touchscreen in mind, hence S60v5 has too many shortcomings in usability
- Performance issues, mainly due to unaccelerated graphics etc, which is also main reason for it being outright ugly
- Poor reputation

There are however pros also:

- It's quite mature platform to build smartphone
- It can achieve satisfactory battery life, for example my N900 won't get anywhere near my N97 Mini with single charge. That's something for device that IMO has short battery life for Symbian based device
- Issues with GUI and performance can be fixed with some redesign and inclusion of hardware accelerated graphics

So why not change to Android or Win Mobile? I really don't see any point in this alternative, because both Android and Windows Mobile are more or less direct competitors of Maemo/MeeGo. Nokia has strong knowhow on Symbian and practically all of their services have been developed with Symbian in mind. We all know the state of Ovi services on N900 - if they were to ditch Symbian, they would practically need to construct all those services for Android, Win Mobile or any other platform intended to replace Symbian. I don't think it would make any difference in short run. In the long run, MeeGo is the way to go in high end. However, I do hope that most burning issues with Symbian S60 can be ironed out in Symbian^3 and Symbian^4. I do believe it's possible to create good enought user experience, if Nokia gets it right. Also Qt should help application developers with their pains, but that also remains to be seen. For high end devices, Symbian is practically dead. If it wasn't, it wouldn't make sense to concentrate so much effort on MeeGo.

bsving 2010-06-16 20:21

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 718082)
If they're not swaying any customers then there's no harm in them touting all the iPhones, androids and Blackberries while naysaying the nokias is there?

The reality is that for better or worse they have a loud voice on the net and they're usually the first to bring news in this segment that most of us watch. How they portray this news bit (their bias) will be tacked on to all the news bits that go through their digestive system.

Except UK with perhaps a percent or two market share, the market share of Blacberry is as good as NIL in Europe. The market share of the iPhone in the EU is what? 1 percent, no more for sure, it is only about 5-10 percent of smartphones. In the middle east, the blackberry is for some odd reason very popular, and much more so than the iPhone.

Android is a totally different game. Android is used on Samsung and Sony Ericsson together with HTC of course. Again, Motorola and "Droid" is nowhere to be found. Android is still small, but it will be Sony Ericsson that will deliver android to the masses, not HTC or Samsung and certainly not Motorola. It will be done with small devices like the X10 Mini.

The vast majority of people don't care about apps, they don't care about games, they don't even care about internet on their phones. They want a good looking thing that can be used to communicate with other people, using the communication channels they already are using.

danramos 2010-06-16 20:34

Re: Lets talk Nokia stock!
 
bsving... wow.. I had to whistle at your post. I couldn't disagree more with pretty much everything and every individual element of what you said. Wow.

ysss 2010-06-16 20:35

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by bsving (Post 718137)
Except UK with perhaps a percent or two market share, the market share of Blacberry is as good as NIL in Europe. The market share of the iPhone in the EU is what? 1 percent, no more for sure, it is only about 5-10 percent of smartphones. In the middle east, the blackberry is for some odd reason very popular, and much more so than the iPhone.

Android is a totally different game. Android is used on Samsung and Sony Ericsson together with HTC of course. Again, Motorola and "Droid" is nowhere to be found. Android is still small, but it will be Sony Ericsson that will deliver android to the masses, not HTC or Samsung and certainly not Motorola. It will be done with small devices like the X10 Mini.

The vast majority of people don't care about apps, they don't care about games, they don't even care about internet on their phones. They want a good looking thing that can be used to communicate with other people, using the communication channels they already are using.

So what's the reason of Nokia issuing profit warning?

quipper8 2010-06-16 20:39

Re: Lets talk Nokia stock!
 
speaking of the biased blogomedia

http://www.engadget.com/2010/06/16/n...tive-environm/

Dave999 2010-06-16 20:42

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 718155)
So what's the reason of Nokia issuing profit warning?

more competion for high end phones
sell more low proffit phones
weak euro

but they still hold planned market share for Q2.

ysss 2010-06-16 20:48

Re: Lets talk Nokia stock!
 
From the horse's mouth..

Quote:

Second-quarter sales, it said in a June 16 statement, are more likely to be toward the lower end of, if not below, its previously expected range of 6.7 billion Euro ($8.25 billion US) to 7. 2 billion Euro ($8.86 billion US).

Nokia blamed the decrease on “the competitive environment, particularly at the high-end of the market, and shifts in product mix towards somewhat lower gross margin products.” Also factoring in, said the statement, was “the recent depreciation of the Euro [which] affects Nokia's cost of goods sold, operating expenses and global pricing tactics.”
The euro had a sharp drop (against USD) in late april.


Quote:

Originally Posted by Dave999 (Post 718167)
more competion for high end phones
sell more low proffit phones
weak euro

but they still hold planned market share for Q2.

Yeah, I was asking him what he thought would be the contributing factors :) Since the high end smartphone segment issue was specifically mentioned by Nokia in their profit warning report.

Dave999 2010-06-16 20:52

Re: Lets talk Nokia stock!
 
Quote:

Originally Posted by ysss (Post 718177)
From the horse's mouth..



The euro had a sharp drop (against USD) in late april.




Yeah, I was asking him what he thought would be the contributing factors :) Since the high end smartphone segment issue was specifically mentioned by Nokia in their profit warning report.

sure that is the only information the market gets for now. will see soon enough when more info is presented for Q2


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