Yesterday we reported that thanks to @evleaks, the codenames of several devices were revealed, one of them being the HTC Z4. Unfortunately codenames being what they are, it doesn’t exactly tell us what sort of device to expect – could […]
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One of the ways Apple markets its iPhone devices is not by placing the emphasis on its hardware specs, but rather its features. However with Android manufacturers aggressively marketing hardware specs, we’re sure many are curious as to how iPhones […]
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Netflix has responded to allegations of cropping movies
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Thanko just released a device called “Android SmartTV Quad-core 2″. With it, you can transform a non-Adnroid device like a LCD TV into an Android device.
It has 1.6GHz Quad-core, Android OS4.2, and 2GB memory built-in. Since it has 2 USB terminals, you can use it with a keyboard, mouse, portable HDD and so on.
Price: 14,800 yen
Size: 122x175x121 mm
Weight: 250g
Nokia has announced its Q2 2013 financial results, with the company selling 7.4m Lumia Windows Phones though still making a €115m ($151m) loss in the three month period. The company improved on Q1, according to the full results [pdf link] released today, when losses reached €150m, and smartphone sales are up 21-percent quarter-on-quarter, though down 27-percent compared to the same period a year ago.
Meanwhile, average selling price of Nokia’s smartphones is down, by 18-percent versus Q1 2013, to €157 ($206). Nokia’s cheaper devices slumped 27-percent year over year, to 53.7m devices, while the introduction of the lower-cost Lumia 720 and Lumia 520 helped drive rising Windows Phone sales.
As for Microsoft, Nokia pocketed a $250m “platform support payment” from the Windows Phone developer, though Nokia still has to pay licensing fees for the OS.
Speaking of mobile phone sales, and specifically the Asha 501, CEO Stephen Elop said that the team would do more to drive differentiation in the category. “While we are very encouraged by the consumer response to our innovations in this price category,” he said, “our Mobile Phones business unit is planning to take actions to focus its product offering and improve product competitiveness.”
That “action” will include job losses, it seems. “The planned restructure is estimated to impact a maximum of 440 positions globally, while also creating a number of new positions and offering possibilities for redeployment” Nokia says.
It’s not been an easy few years for Nokia, especially with the faster-than-expected decline in demand for feature-phones in developing markets. Nokia had previously counted upon that demand to tide the company over, financially, while Windows Phone bedded in, but the rise of cheap Android devices scuppered all that.
In fact, Nokia says, Symbian demand has crashed altogether. “Our Symbian volumes decreased from 6 million units in the second quarter 2012 to approximately zero in the second quarter 2013″ the company admitted today.
Instead, there’s been a gradual rise in Windows Phone, with sales increasing quarter-on-quarter but the OS as a whole still having a minority share of the smartphone market. What success there’s been has focused on the budget-end of the segment, too, with Nokia’s low-cost Lumia 520 now the best-selling Windows Phone.
Part of Nokia’s next challenge, therefore, is to drive interest in its more expensive models, and push up its average selling price. The trio of Lumia 9xx series devices, most recently the Nokia Lumia 925, and the new Lumia 1020 PureView will be key in driving that high-end appeal.
Looking forward, Nokia expects Q3 2013 operating margin to be -2% (+/-4%) though an increase in device sales.
Nokia Q2 2013: 7.4m Lumia Windows Phone sales but $151m loss is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.
After BlackBerry’s disastrous earnings a couple of weeks back, Nokia and Microsoft have clear bragging rights over third place in the ecosystem war — but does a bronze medal earn you any cash? The Finnish manufacturer has reported declining Q2 2013 revenues of €5.69 billion ($7.4 billion) compared to the $9.2 billion earned in the same quarter last year. The good news is that the huge financial losses of 2012 seem to be gone, with today’s reported loss standing at just €115 million ($150 million), all of which can be laid at the feet of Nokia’s devices and services division.
Meanwhile, the company’s smartphone sales seem to be growing thanks to fresh Lumia models like the 520, 620 and 720 — with a total of 7.4 million Windows Phone 8 devices sold in the quarter. For context, that’s significantly more than the 6.8 million units BlackBerry could boast in its latest report. It’s also a big improvement on the 5.6 million in Lumia sales from Q1 and the 4.4 million sold in Q4 2012. However, the Asha division saw sales slip down from 5 million last quarter to 4.3 million now. Oh, and if anyone’s still in the market for a Symbian handset, better be quick — the company is reporting that sales of the phones are now “approximately zero.”
In other parts of the business, “Here,” Nokia’s renamed mapping division, lost €89 million ($116 million) while Nokia Siemens Networks made a slender €8 million ($10.4 million) profit. Looking forward, the company has said that it’s lowering its future estimates by two percent, saying that dwindling demand, higher operating expenses and “the macroeconomic environment” will all help to erode the company’s cash reserves. But hey, at least Microsoft’s still kicking in that $250 million in alimony platform support payments.
Filed under: Cellphones, Mobile, Nokia
Source: Nokia (.PDF)
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