Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Build Apps 5x Faster
For Half the Cost
Enterprise Cloud Computing

On Force.com
Mobile Tech
Next Generation Data Center Is Here!
Average Rating:
Rate this article:  
Lumia Is Up for Nokia, But Red Ink Still Flows
Lumia Is Up for Nokia, But Red Ink Still Flows

By Barry Levine
April 18, 2013 11:18AM

    Bookmark and Share
More basic phones than smartphones are still sold by Nokia, and the company wants to keep that end of the market so that owners of those less-expensive models upgrade to Nokia Windows smartphones -- not, say, to Android models or the iPhone. To help protect its lower end, Nokia has started selling a 15 euro ($19) phone in emerging markets.
 


Nokia is showing some less-bad news, amid rumors that it's coming out with a tablet/phone hybrid. Is the phone giant showing signs of exiting its slump?

The Finnish company has posted a first-quarter net loss of 272 million euros ($356 million), a disheartening sum except when compared against the loss of 928 million euros ($1.21 billion) a year ago at this time. The reduction in the loss was largely due to cost cutting, since its net revenue plunged from 7.8 billion euros ($10.2 billion) in the first quarter a year ago to 5.8 billion euros ($7.58 billion).

Across the planet, Nokia's mobile phone sales dropped, including a 60 percent plunge in China. Globally, the sales drop for its smartphones was 30 percent, and, for mobile phones overall, 21 percent down.

Lumia Grew 27 Percent

One of the bright spots -- and potentially a light on the horizon -- is that the company's much-touted Lumia phone line grew 27 percent in the first quarter. Nokia reported it sold 5.6 million units of Lumia handsets in the first quarter, an increase from 4.4 million in the previous quarter.

Nokia, despite its troubles, is still in second place worldwide as a handset maker, so it has not yet fallen too far to recover. The company has been hammered since it switched from its aging Symbian operating system to Microsoft's Windows Phone in early 2011.

The phone maker still sells more basic phones than smartphones, and wants to keep that end of the market so that owners of those less-expensive models upgrade to Nokia smartphones -- not, say, to Android models or the iPhone. To help protect its lower end, the company has started selling a 15 euro ($19) phone in emerging markets, and is expected to revise its mid-range Asha feature phone line sometime this year.

Another route for Nokia is to get into the tablet/phone hybrid market, which has been dubbed with the odd-sounding name of "phablet." According to circulating rumors, the company plans a phablet that resembles the popular Galaxy Note from Samsung, but has higher specs and, possibly, will become part of the Lumia brand.

'Still in Flux'

Since users primarily want to know what a device can do, Microsoft and Nokia have to keep developers interested even as it tries to get beyond the platform's single-digit market share.

Al Hilwa, program director for Application Development Software research at IDC, told us "developers are already overwhelmed with the set of platform choices," but added that Nokia and Microsoft, like BlackBerry, have been careful about seeding developers with support.

Hilwa pointed out, however, that developers for Windows Phone have to confront the problem that Windows 8 is the tablet platform, and that means two app versions for a mobile app that is released for both a smartphone and a tablet, instead of, as for Android or iOS, one app version for two different form factors.

He noted that the coming Windows Blue update to version 8 "appears that it will be bringing them closer together," but, until it does, "the whole platform is still in flux."
 

Tell Us What You Think
Comment:

Name:



Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.


 Mobile Tech
1.   BBM Now Available on Windows Phone
2.   Smartphone Slowdown Hits Samsung
3.   Virgin Mobile Offers Custom Plans
4.   Asana Revamps Mobile App
5.   FTC Wants Fix for Mobile Cramming


advertisement
Android 'Fake ID' Puts Millions at Risk
Users: stick to apps from Google Play.
Average Rating:
Researchers Tout Battery Breakthrough
Lithium anode could triple capacity.
Average Rating:
Smartphone Slowdown Hits Samsung
Reports its worst quarter in two years.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
New 'Backoff' Malware Slips Undetected into Retail Systems
'Malicious actors' are using a new variety of malware to access consumer payment data remotely through point-of-sale systems, according to a report from the Department of Homeland Security.
 
IBM Beefs Up Identity Intelligence Security Solutions
Big Blue is betting big on identity intelligence. IBM just acquired a private firm with security software to govern user access to apps and data across cloud and on-premise environments.
 
USB Security Flaw Lets Hackers Hijack PCs
Hackers can use the firmware that controls USB functions to take control of computers, say security experts. That means there may be a new class of attack for which there are no defenses.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.