Print 18 comment(s) - last by Dr of crap.. on Jul 6 at 8:54 AM

Nokia C7  (Source: Nokia)
Too little too late?

Nokia is still one of the largest makers of mobile phones in the world, but in the all important smartphone and high-end handset market where profits are higher, the company is lacking. Nokia is seeing may users migrate from its smartphones to the iPhone and Android-based smartphones. The results for the company are low profits and sagging stock prices.

One of the ways that Nokia hopes to tempt new customers and keep exiting users from going to other brands is by cutting prices. Two industry sources are saying that Nokia has cut prices of its high-end smartphones in Europe. The sources claim direct knowledge of the pricing and say the cuts will be around 15%. The phones that will see price cuts are reportedly the N8, C7, and E6 devices.

Other devices may see smaller price cuts. One source Reuters cites is at a European telecom operator and the source said, "There are no very big cuts per model, but the scale -- across the portfolio -- is unseen for a very, very long time."

A 15% discount is not that much to an end user and even at the reduced price Nokia will have a hard time competing with the more popular Android and iOS devices on the market. Nokia stock prices tumbled on the news by 2% and Nokia insists that the cuts are "business as usual."

Analyst Carolina Milanesi at Gartner figures Nokia should cut prices on other handsets too. She said, "They should discount older products including the N8, the C7 and the C6, and ship the new ones at a very aggressive price too."

Nokia is not doing well and is looking to the Windows Phone 7 devices coming later this year to save its failing smartphone business. A "super-confidential" Windows Phone from Nokia was leaked late last month giving a glimpse at what Nokia has in store.

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By chiadog on 7/5/2011 12:24:44 PM , Rating: 2
The other big 3 OS's seem much more capable. Not sure even lowered price (a meager 15% cut) can draw people to it.

By fishman on 7/5/2011 1:26:47 PM , Rating: 2
Earlier this year, some carriers in the US had a 2 for 1 sale on WP7 smartphones - a far greater cut.

By Taft12 on 7/5/2011 4:21:56 PM , Rating: 2
Speaking ill of WP7 doesn't go over well on DT. Seriously though, does the market failure of WP7 mean Nokia is likely the only handheld maker that will push the platform? Talk about dead in the water.

By InvertMe on 7/5/2011 10:43:30 PM , Rating: 2
Many carriers have 2 for 1 on ALL phones except iPhone. Your point?

By Flunk on 7/5/2011 1:44:41 PM , Rating: 2
Symbian smartphone is kind of a oxymoron isn't it?

By munky on 7/5/2011 2:41:43 PM , Rating: 5
No it's not. Unless by "smartphone" you mean something that the average technology-illiterate consumer can use to impress his similarly dumb friends.

By Omega215D on 7/5/2011 4:06:14 PM , Rating: 2
Can switching to Geico save you 15% or more on car insurance?

Do people use smart phones to do dumb things?


By Dr of crap on 7/6/2011 8:54:54 AM , Rating: 2
The first - nope - got a quote online and it's same or higher than what I have now for car insurance.

The second - yes - people do dumb things with eveything, including smart phones.

And third - a large majority does not know what 15% off is!!

By Samus on 7/5/2011 9:25:43 PM , Rating: 4
I have a Nokia E73 and an N8. Both run Symbian^3 with different interfaces. The advantge Symbian has is its efficient handling of processing power, and with the ridiculous size of battery Nokia uses, the E73, for example, gets me 3-4 days of regular use. It does everything a Blackberry does.

The N8, with a larger screen and slightly faster CPU than the E73, gets over 2 days of battery life with regular use, double that of most Android phones, all while doing exactly the same thing.

I won't get into hardware, where Nokia is usually superior to everybody in terms of overall quality, camera, and reliability. But the OS makes up for the lack of CPU speed, while using less power at the same time. That is, sadly, the major strength of Symbian.

There is a decent sized app selection for Symbian, but it isn't "huge." It does have everything I need though, including a bunch of good games, Joikuspot (wifi hotspot) a QR reader, various file system tools for browsing windows shares on networks or printing data, multiple web browsers, and even a linux command line.

The problems with Symbian all basically boil down to lack of support. It is buggy and there is no clear initiative to fix many of its problems, especially on older hardware.

This alone makes it quite obvious that Nokia has abandoned it, irregardless of what they say...

By pandemonium on 7/6/2011 12:56:55 AM , Rating: 2
Registered just to say you're spot on in your facts here. I couldn't have said it better myself.

By Netjak on 7/5/2011 3:58:54 PM , Rating: 3
Symbian smartphone is kind of a oxymoron isn't it?

Year 2007. Nokia lunched N95, apple iPhone. 4 years later, iphone 4 has dumbest ever nav application, mediocre camera and dumbest video/mp3 player. one can't even search inside open files. O yea, u can not copy any file type to your mega iphone, just "suported" ones and and and.
Nokia N95@2007? Exactly oposite. But, it's too complicated.

By Helios1234 on 7/5/2011 4:25:48 PM , Rating: 2
Not really, a few years back, Symbian defined what a smartphone was...

By GulWestfale on 7/5/2011 10:35:59 PM , Rating: 2
i still have fond memories of my old sony M600... built like a brick, never failed me once, great call quality, a good (for the time) touchscreen, plenty of programs for it (no, no fart apps, but strangely enough i have never really wanted to buy one), superb battery life. i was SHOCKED when i got an iphone 3GS and the battery died on me after just a few hours of usage.

that said, nokia/sony have clearly missed the boat with symbian. their marketing simply sucks. in reality, there is nothing that other phones can do that symbian phones cannot do, and when you think of nokia's once dominant position and sony's expertise with consumer electronics it is truly ridiculous to see how far they have fallen behind, because their marketing department wasn't able to communicate the platform's advantages to an uneducated public, and because they failed to introduce an app store quickly enough. sad, really; but the faster, more flexible competitors always win in the tech world.

By quiksilvr on 7/5/2011 2:38:31 PM , Rating: 2
Thing is though, Nokia phones are pretty cheap now. I would love to see a cut like that in the US as well.

"It looks like the iPhone 4 might be their Vista, and I'm okay with that." -- Microsoft COO Kevin Turner

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