website statistics
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

Nokia is currently trying to transition from a being a company which is strong with feature-phones to a company which can also make it big in the smartphone market. But this transition may cost Nokia a bit dearly. Nokia finally declared it’s performance in the last quarter of 2011 and the stats aren’t very great. According to the company, the net sales of it’s smart devices was down by 31 percent compared to a year ago. And this has resulted in about a loss of $1.2 billion in operating costs.

Nokia sold about 19.6 million smartphones in Q4, 2011, out of which only about 1 million were Lumia devices. This shows that the strong point of the company continues to Symbian devices which, in fact, is a great weakness for Nokia. Sooner or later, Nokia has to shed that load and move sincerely to the smartphone side of the fence. But as long as Nokia tries to rely on Symbian, it may have to continue dwelling in losses.

The mobile division, per se, did well. It was the Location & Commerce group that cost Nokia dearly during Q4. What has turned into a crucial question for Nokia is that can it successfully pitch in Nokia Lumia 710 and 800 and make something out of them in the first quarter of 2012. More importantly, can Nokia make a significant presence known in the smartphone world with it’s Nokia Lumia 900 which is currently hailed as the best Windows Phone.

As per geographical distributions, Nokia did well in Europe, although it was a huge percent less than what Nokia got out of Europe in Q4 2010. The sharpest decline in the overall revenue was from North America, a region where Nokia is increasingly alienated by Android and iOS smartphones. However, Nokia did fairly good in developing markets and it seems  that Nokia’s reliance on Symbian devices is an outcome of the fact that Nokia still has a strong presence in developing nations.

Image courtesy Micky.


Simply Find It Pro – Puzzle Game For iPhone

Microsoft Hands Nokia $250 Million For Windows Phone
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On January 28, 2012(3 years, 6 months ago.)

You May Also Like:

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

With our partnership with Mode Media, we just got a jump start. Here is our first story of hand picked curated content on Android Tutorials.
Want to change theme on android ? We will show you how to change theme on android. It will makes your phone looks like new and smart.
You can record your screen on android very easily. No root Required. All you have to need a pc and USB cable. Let's find out.
A simple tutorial on how-to block a phone number on Android device, without an external app. Its pretty easy and straight-forward. Take a look.
Here we will show how to take Screenshot on your Apple Watch.
For too many people, the realization that they need to back up their photos and videos only comes when they misplace or break their smartphones and lose everything. Here we a report on possible solution and best tools.
Not sure if you are aware that your Wi-Fi Router Or Modem could be hacked too. Here we found a quick tips, how to check if your Router or Modem is hacked.
Our today’s tutorial is about how to change Font on Android.
Here is the tutorial about how to setup MMS on Android device.
In this tutorial I will show you how to enable Instant Upload inside your Google+ app on Android, so that you can sync your photos and videos with Google+ instantly.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook