For off-shore wind farms to become an economically feasible alternative energy source, each turbine needs to be big. Like, really big. That’s why the latest turbine blade from Siemens is gigantic—just a hair shorter than the wingspan of an Airbus 380. More »
The past three months haven’t been the best for Finland’s former world number one. It hasn’t been helped by the three biggest credit agencies lowering the company’s bond rating to “junk,” and the Lumia 900’s violently slashed price. Unfortunately the latest results reveal continuing gloom: the manufacturer made an operating loss of $1.01 billion dollars for the quarter. The company managed to make €7.5 billion in sales ($9.2 billion, down .5 billion since the last quarter), shifting four million Lumia handsets in the process. In fact, the only cause for optimism is that sales of the Lumia range have roughly doubled each quarter.
The number of handsets pushed out the door increased (thanks to the Asha range of budget phones) with the company selling 73 million phones. That said, the company has clearly failed to crack America, selling a paltry 600,000 handsets in the States. The cash pile has also continued to dwindle, with the piggybank currently standing at €4.1 billion ($5.1 billion), down from $6.3 billion in Q1, despite getting a further $250 million in kickbacks from Microsoft. Unsurprisingly, the prediction for the third quarter of the year was similarly dour, summed up rather euphemistically as “difficult.”
Filed under: Cellphones
Nokia’s Q2 2012 financials: 4 million Lumias sold, $1.01 billion dollar loss originally appeared on Engadget on Thu, 19 Jul 2012 06:01:00 EDT. Please see our terms for use of feeds.
Drive west on US Route 50 through a stretch of Nevada highway known as “The Loneliest Road in America” and you’ll eventually find yourself in the rural county of Churchill. Once a solitary leg in the Pony Express route, irrigation transformed swaths of Churchill’s high desert areas into thriving agricultural communities more than a century ago. Fast forward to today and Churchill finds itself playing host to yet another interesting dichotomy — a first-of-its-kind power plant that generates electricity by harvesting renewable resources from both earth and sky.
Continue reading First solar-geo plant blooms in Nevada’s high desert
Filed under: Misc. Gadgets
First solar-geo plant blooms in Nevada’s high desert originally appeared on Engadget on Fri, 13 Jul 2012 15:00:00 EDT. Please see our terms for use of feeds.
This is site is run by Sascha Endlicher, M.A., during ungodly late night hours. Wanna know more about him? Connect via Social Media by jumping to about.me/sascha.endlicher.
