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Posts: 361 | Thanked: 219 times | Joined on Sep 2010
#10
Originally Posted by PMaff View Post
"Uh-Oh: Nokia Lowers Its Q1 Forecast On Pressures In Emerging Markets, Margins On Smartphones

...
Nokia did not specifically give any numbers on overall revenues but it said that operating margins in the first quarter are expected to be at negative three percent — down from earlier estimates of being either breakeven or within two percentage points of that; it also said that Q2 margins will be similar or below Q1 levels.

As for the the silver lining, Nokia also noted that it has sold more than 2 million Windows Phone Lumia smartphones, with the average selling price at €220 ($262). There are now over 80,000 apps in the Windows Phone Marketplace app storefront, it added.

The financial revision come on the same day that the company launched a new NFC device, and one day after it said it would offer Lumia 900 customers credits on devices due to data faults on handsets.
..."
http://techcrunch.com/2012/04/11/uh-...ervices-sales/


Nokia was told, that the Windows strategy was a mistake.
Now they pay the bill.

Btw.: "data faults on handsets"...they are talking in general about WP7?
The fail goes on:
"Nokia debt downgraded as company struggles

On Monday, Moody's Investors Service downgraded Nokia's corporate debt to near-junk status. The company's decline in sales numbers and 35 percent fall in revenue have earned it a Baa3 rating, or one step away from non-investment grade. This latest drop marks the most recent stumbling block for a company that was once the pinnacle of Finnish innovation and pioneered the global rise in mobile phones.
..."
http://arstechnica.com/gadgets/news/...ess-around.ars
 

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