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Company will unveil its handsets Oct. 26

In the last quarter Nokia, Oyj. (HEL:NOK1V) lost its spot as the world's largest phonemaker as Samsung Electronics Comp., Ltd. (SEO 005930) and Apple, Inc. (AAPLblew by it.  Still, for all the gloom-and-doom surrounding the Finnish firm, its defunct Symbian smartphone operating system, and its slow transition to Windows Phone 7, things may not be quite as bad as some had thought.

I. Earnings Aren't Great, But Are Less Bad Than Expected

Yesterday evening Nokia reported earnings of €9B ($12.35B USD).  That represents a 13 percent year-to-year drop in sales and a 3 percent drop in sales from the Q2 2011.  The company posted a €68M ($93.34M USD) net loss, much worse than the €403M ($553.20M USD) profit the company turned last year, but slightly better than the €487M ($668.50M USD) net loss that the company reported last quarter (International Financial Reporting Standards-style earnings).

The lower loss sent shares soaring 8 percent in pre-market trading.

Such a move may seem baffling to non-investors, particularly in light of Apple's stock taking a hit on large, but less than expected growth.  But it's important to remember that expectations of growth and revenue are baked into stock prices.  A company that's expected to decline sharply is priced low (like Nokia), while a company that's expected to sustain growth (like Apple) is priced high.  Any surprises in either direction can send the stock up or down.

Nokia still has €5.07B in cash ($6.95B USD) on hand, so it should be able to sustain its push to Windows Phone 7.

Nokia's long secret Windows Phone lineup will finally be announced at Nokia World 2011 in London on October 26.  It's unclear whether the company will be able to get significant amounts of product out on the U.S. market this holiday season, but at least the event should give a clearer picture as to where the company is headed.

II. Shots of Slick Nokia 800 Leak

It's not rocket science what Nokia needs to get back on the right track.  It needs to:
  1. Get product on the market
  2. Release attractive handsets
Shots of the Nokia 800 -- part of Nokia's upcoming Windows Phone Mango lineup -- leaked on PocketNow yesterday, in lieu of next week's official launch.

Nokia 800
The Nokia 800 is arguably the best looking Windows Phone on the block. [Source: PocketNow]

The phone looks very good -- in an iPod Nano-ish sort of way, at least.  It comes in three colors.  While it may have a relatively small screen -- 3.7-inches -- this may be one of the more stylish smaller smartphone on the market this side of the iPhone.

The Nokia 800 is rumored to be launch November 15th, alongside two other Windows Phone Mango models from Nokia.  Hopefully that means "launching November 15th in the U.S." as Nokia has been a bit squirrelly about how much hardware it will put out in the U.S. this year.

At the very least the Nokia 800 seems to be a big step in the right direction in design appeal.

Source: Nokia



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RE: looks nice
By Pirks on 10/20/2011 1:21:45 PM , Rating: -1
quote:
iPhone never had the best hardware (spec wise)
Stop lying, iPhone 4S GPU pwns every single Android junkphone speed wise right now, plus iPhone 4 screen resolution pwned all those 2010 Android junkers just as well. Why keep lying about iPhone hardware not being best in its class with these two examples above that everyone can see?

Besides the example of iOS and WP7 shows that people enjoy slick and smooth GUI on the phone much more than pure specs. Specs are for Android specs fappers, and nice quality GUI is for the rest of us.


RE: looks nice
By jordanclock on 10/20/2011 2:09:37 PM , Rating: 3
Aside from the GPU, the iPhones hardware really isn't that impressive. But that was his point: Since the iOS only runs on a few devices that are created by Apple as well, it runs VERY smooth on them. Android runs good enough for most people, but there are times where it's wide-net approach to supporting so many devices results in experiences that are quite lacking. WP7 is much more like iOS in that regard. Microsoft has made it run on specific SoCs and thus runs butter smooth on all WP7 devices, regardless of manufacturer.

His point is the same as yours: The best specs in the world won't save you from inefficiencies introduced from having such a large separation between Android developers and handset developers.


RE: looks nice
By Pirks on 10/20/2011 2:15:46 PM , Rating: 2
quote:
The best specs in the world won't save you from inefficiencies introduced from having such a large separation between Android developers and handset developers.
Agreed, Android junk loses quality wise to vertically integrated handset providers like MS, Apple and RIM.


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