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  (Source: Nokia)
Signs of recovery raise hope among investors

From large layoffs to mortgaging its headquarters, Finnish phonemaker Nokia Oyj. (HEX:NOK1V) is clearly has been in trouble in the consumer market, and the company appears well aware of that.  Seeing the writing on the wall of its aging Symbian operating system, Nokia made a bold move adopting Microsoft Corp.'s (MSFT) Windows Phone operating system, becoming the first major OEM to throw its weight squarely behind the new platform.

And while the transition has been painful, it is finally showing signs of paying off with Nokia announcing the sale of 4.4 million Lumia (Windows Phone) handsets in Q4 2012. Sales were boosted by high end handsets like the slick Lumia 920 Windows Phone 8 handset, and by expanding its reach to three of America's top four carriers.

At last the Symbian phaseout is almost complete.  Only 2.2 million Symbian handsets were sold in the quarter.  The rest of smartphone sales (9.6 million units) consisted of Asha full touch phones.  Asha is a popular low-cost option in developing markets and uses its own proprietary bare-bones operating smartphone operating system.
 

Nokia Lumia 920

While smartphone sales are down almost 20 percent from the 19.6 million units Nokia moved last year, the drop off was less severe than analysts were expecting.  And the fact that roughly two-thirds of Nokia high-end smartphones are now Windows Phone indicates that the transition is almost finished.

As a result of the cost cutting coupled with stronger sales, Nokia says it has achieved underlying profitability again.  That's a huge development for the OEM who endured several painful quarters of large losses.  Nokia estimates it pocketed €30M ($39.8M USD) in non-recurring IPR income on total sales of €3.9B ($5.2B USD).

Overall Nokia sales of all mobile devices fell to 79.6 million units -- from a volume of 113 million units last year.  Nokia recently lost its global lead in handset (including non-smartphone sales) to South Korea's Samsung Electronics Comp., Ltd. (KSC:005930).

Overall mobile phones brought in €2.5B, smatphone sales were €1.2B, and services sales (which include patent settlements with Apple, Inc. (AAPL) and others) pulled in €0.2B.

Nokia stock jumped up over 20 percent in early trading on the hopeful news.

Gartner, Inc. (IT), a top mobile research firm, has estimated that by 2015 that Windows Phone will be the #2 smartphone platform in the world, bumping Apple and its increasingly-dated Palm-style user interface to third place.

Sources: Nokia [Q4 2012], [Q4 2011]



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That's good news
By bug77 on 1/10/2013 4:29:32 PM , Rating: 4
I hope they can keep it up. I'm not planning on buying Nokia anytime soon, but I'd hate to see them gone. They did a lot of good things prior to the touch-only era.

But I'm not sure how selling 4.4 million WP units is a good sign, yet 2.2 million Symbian units is considered "almost phased out".




RE: That's good news
By macdevdude on 1/10/13, Rating: -1
RE: That's good news
By kleinma on 1/10/2013 4:57:19 PM , Rating: 5
I wanted to retort your nonsense but I just can't find the words to try to crack the seal of stupidity you envelop yourself in.


RE: That's good news
By chris2618 on 1/10/2013 5:02:00 PM , Rating: 5
"You'll get iPhones eventually and then change your tunes"

You'll get iPhones eventually and then change your itunes

Would of been a perfect pun but you wasted it. shame on you


RE: That's good news
By chris2618 on 1/10/2013 5:02:00 PM , Rating: 2
"You'll get iPhones eventually and then change your tunes"

You'll get iPhones eventually and then change your itunes

Would of been a perfect pun but you wasted it. shame on you


RE: That's good news
By retrospooty on 1/10/2013 5:02:10 PM , Rating: 5


Meanwhile back on planet Earth... MS PC's are still by far the higher hitter by every possible measure.
http://vr-zone.com/articles/real-smartphone-users-...

"First, Apple is number one in profit, design, apps, and pretty much every other category that matters."

Well, profit yes.

"Second its user interface is the best in the market"
That was 5 years ago. Sadly IOS still looks the same and has been surpassed by ALL of its competitors.

There... My Troll feeding is done. I hope you enjoyed yourself and feel better now that you have made an aass of yourself in the name of Apple. Why on earth anyone would go to such lengths for a company is beyond me... I guess you probably dont have much joy in your life to take a company so seriously.


RE: That's good news
By maxxcool on 1/10/2013 5:02:17 PM , Rating: 2
HAHAHAHA ... so much fail in your post it's ludicrousness ....


RE: That's good news
By Zuul on 1/10/2013 5:32:29 PM , Rating: 4
quote:
First, Apple is number one in profit, design, apps, and pretty much every other category that matters.


Apple is very strong in the consumer space - and number 1 in many categories there is no doubt.

It's easy to only focus on the consumer space as it's the one that's most visible in our day-to-day lives, however there are other areas that actually really matter (ie: what technologies businesses use to support themselves).

Apple has not done well in the business space (SMB/Mid Market/Enterprise). As an example, Apple doesn't actually have their own technology to operate their iTunes and AppStore, or have developed their own ERP. They run SAP as an ERP. To operate the itunes and appstore, they are running SAP Convergent Charging, SAP Convergent Invoicing, and SAP Customer Financial Management (they've invested hundreds of millions of dollars). Oh, all that infrastrure - doesn't run on OSX and they use a combination of Microsoft, and Oracle systems to support SAP.


RE: That's good news
By kleinma on 1/10/2013 6:21:12 PM , Rating: 3
I also read they use a combination of Windows Azure and Amazone Cloud to power iCloud.


RE: That's good news
By Azethoth on 1/10/2013 6:51:28 PM , Rating: 1
I do not get your point. Are you saying Apple should be running their back end systems on racked iPhones?

Or are you saying Apple should write their own back end system from scratch and duplicate the SAP software?

Whats next, rewriting a web server from scratch instead of just using Apache?


RE: That's good news
By Camikazi on 1/10/2013 7:37:50 PM , Rating: 2
Apple is perfect and their OSX is the best in the world so why would they demean themselves by using Microsoft and Oracle code for their precious servers?


RE: That's good news
By Manch on 1/11/2013 7:16:47 AM , Rating: 2
Neither will the troll he was replying to. All he saying is that while Apple is #1 in a lot of areas, MS and the lot that macdevdumbass is saying are dying is just simply not the case and that the services from Apple that he loves sooo much are powered by the same companies Apple battles in the consumer space.

You balk at the idea of them rewriting webserver or making there own back end but didn't they just replace googlemaps with their own map system? oh yeah...wait, yup, gotcha.


RE: That's good news
By Zuul on 1/11/2013 10:18:51 AM , Rating: 1
I re-read it and the point was clear to me. Here's a tl;dr: He said Apple is #1 in all areas that matter. I said no, not true - the enterprise space is an example where they are not and it's a significant market and I gave an example of it.


RE: That's good news
By BifurcatedBoat on 1/10/2013 7:50:21 PM , Rating: 1
How 'bout them losses? (On your Apple stock.)


RE: That's good news
By crispbp04 on 1/12/2013 9:31:58 AM , Rating: 1
You deserve a beating for being so ignorant. G.A.A.D.I.A.F


RE: That's good news
By TakinYourPoints on 1/10/2013 6:30:00 PM , Rating: 3
Yeah, its a platform that really deserves to compete. In some ways it has the best mobile UI out there and it has the best mobile SDK out there. All it needs are developers, which will happen when it gets more users.


RE: That's good news
By Tony Swash on 1/10/13, Rating: -1
RE: That's good news
By txDrum on 1/10/2013 6:50:17 PM , Rating: 3
I disagree. By all accounts Windows Phone devices are selling pretty decently. Certainly not a huge hit, but the whole "will never gain any significant revenue" was said about the iphone when comparing it to established players like RIM. Failing to innovate/bad management can EASILY change up the mobile landscape. If Apple, or Android, decides to stop making smart decisions (unlikely, but who saw RIM doing it when they were at their prime?), Mozilla OS, RIM, or Microsoft could all jump in.


RE: That's good news
By Tony Swash on 1/10/13, Rating: -1
RE: That's good news
By StevoLincolnite on 1/10/2013 10:06:27 PM , Rating: 2
Apple doesn't give their OS away for free.

And instead of hating the competition all the time Tony, hows about singing a little praise? Without competition Apple, Microsoft, Google will be completely and utterly stagnant.

Companies only innovate when they have to, not just because they can.


RE: That's good news
By Tony Swash on 1/11/13, Rating: 0
RE: That's good news
By JPForums on 1/11/2013 8:57:12 AM , Rating: 2
To be fair, Tony is not really hating the competition. He simply takes a overly pessimistic view of the competition which sometimes causes him to exaggerate their faults and struggles while overlooking their merits and opportunities. If he really hated Microsoft, for instance, he wouldn't be offering advice on how he thinks they can stay in business and remain relevant/profitable.


RE: That's good news
By Cheesew1z69 on 1/11/2013 1:53:46 PM , Rating: 2
Sometimes? Every post..


RE: That's good news
By Tony Swash on 1/11/2013 3:16:42 PM , Rating: 2
Perhaps I should use your comments on Apple as a model of balanced and objective impartiality :)

Namaste


RE: That's good news
By Cheesew1z69 on 1/11/2013 3:38:50 PM , Rating: 2
Perhaps you should go suck an egg...


RE: That's good news
By retrospooty on 1/11/2013 3:49:48 PM , Rating: 4
"He simply takes a overly pessimistic view of the competition which sometimes causes him to exaggerate their faults and struggles while overlooking their merits and opportunities."

That is a very fair statement. While doing that he takes an overly optimistic view of Apple which sometimes causes him to ignore Apple's faults and struggles while over-hyping their merits and opportunities.


wait
By p05esto on 1/10/2013 4:39:07 PM , Rating: 2
I hope they hurry up and get a Lumina 920 phone over at Verizon. I'm sick of waiting for my Windows Phone. BLows the socks off of Android and Apple, but how long does a guy have to wait?




RE: wait
By Chadder007 on 1/10/2013 4:56:38 PM , Rating: 2
Ive waited until my phone finally died...I didn't like the currently selection of Windows phones for Verizon (I wanted the larger screen of the 920) and went with Android again. Nokia lost a sale by waiting so long and I'm sure a lot more.


RE: wait
By kleinma on 1/10/2013 5:00:34 PM , Rating: 2
You can't really blame Nokia on that. AT&T offered them a really good deal to do a 6 month exclusive on it. That means featured product promotion, advertising, employee training, etc..

AT&T was the first with the iPhone, so that is an old dog to them now (even the 5). I don't mean its not popular, it is just a staple of AT&T service. Everyone knows what an iPhone is and if they want one, they know they can get it on AT&T. Verizon has not had the iPhone as long, so they are still trying to push that a lot more. Verizon was not as willing to make the push AT&T is for Windows Phone, so Nokia went with who wanted them most. I think we will see some good Windows phones on Verizon in the coming year though. Not just from Nokia, but from Samsung and others as well.


RE: wait
By tayb on 1/11/2013 10:40:20 AM , Rating: 2
Nokia lost a sale because they are refusing to cave to Verizon demands to install spyware/spamware on your phone. Good on nokia. Crappy on Verizon.

This is the same reason AT&T had the iPhone exclusively for so long. It's also the same reason most (all?) Android phones from Verizon come with bullshit apps that can't be easily deleted.

In closing - Verizon is a shitty company and I wish people would stop doing business with them.


Nokia is Profitable Again
By vladio on 1/10/2013 7:32:13 PM , Rating: 1
H-mmm, strange...(Very!)
#1.goto Verizon--www.verizonwireless.com/smartphones-2.shtm l
#2.select `Nokia`
"1 Smartphone Found"...
Please READ: "ONE Smartphone Found" !!
Phone? Nokia Lumia 822
Price? $44.99
Question? How it is Possible to make PROFIT on a Current Very taff Smartphone Market with only ONE Smartphone?!
Strange? Odd? Remarkable? Weird? ...(I do Not know)
-VladimirJosephStephanOrlovsky




RE: Nokia is Profitable Again
By Camikazi on 1/10/2013 7:39:46 PM , Rating: 5
There are more carriers than just Verizon you know.


RE: Nokia is Profitable Again
By JPForums on 1/11/2013 9:01:17 AM , Rating: 2
quote:
There are more carriers than just Verizon you know.
Though, more choices with in the largest US wireless provider certainly wouldn't hurt. In fact, they'd probably sell more 822s simply due to better visibility.


hehe
By Mint on 1/10/2013 7:59:08 PM , Rating: 2
quote:
While smrtphone sales are down almost 20 percent from the 19.6 million units Nokia moved last year
I am so smart! I am so smart! S-M-R-T!




RE: hehe
By Alexvrb on 1/11/2013 11:29:57 PM , Rating: 2
Jason Mick: "D'oh!"

:P


Not bad, but not the best of news
By DukeN on 1/11/2013 9:39:50 AM , Rating: 2
Despite having shiny new phones, they only sold 4M?

Even RIM sold almost 7M of 18 month old devices in their last quarter.




By datdamonfoo on 1/14/2013 12:43:04 PM , Rating: 2
I don't think you're doing a fair comparison. Nokia sold 86.3 million phones in Q4.
http://www.tomshardware.com/news/Nokia-Phones-Lumi...


untied sip client
By mmarianbv on 1/11/2013 2:36:56 AM , Rating: 2
searching for months already, but wth.

anyone knows an untied sip client for wp ? 7.5 ones. not sure if it exists for 8, but i presume it is.

even crap symbian have.




My Lumia 810 is in the mail
By Ammohunt on 1/11/2013 4:40:03 PM , Rating: 2
After debating getting an iphone i decided that the premium was just not worth it and ultimately i could care less what OS is on my phone as long as basic functionality is served T-Mobile had an awesome deal on the Lumia 810 which i took advantage of lets hope Windows Phone OS is as good as they say.




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