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But trouble phonemaker does manage to be the street's pessimistic predictions

Generally it's a sign that things are looking fairly dire when a company goes to sell its headquarters.  And for embattled Finnish phonemaker Nokia Oyj. (HEX:NOK1V), another quarter has come and gone with news of a fresh round of financials [PDF] which, on the surface, look very ugly.

Nokia made €7.24B (~$9.49B USD) in revenue over the quarter, down 4 percent from last quarter and 19 percent from last year.  But there was a bit of good news.  Of 23 analysts surveyed by The Financial Times (UK), the average expectation was revenue of €6.93B (~$9.08B USD).  In other words things look very bad, but not quite as bad as the gloomy estimates lofted by the street.

Also in the good news category, Nokia managed to move 2.9 million Lumia (Windows Phones) in the quarter, despite an impending update to Windows Phone 8 on the horizon (which will not support current handsets).  That's down approximately a quarter from the 4 million moved in Q2, but, again, even the most successful smartphone companies like Apple, Inc. (AAPL) see similar dips at the end of their product cycle.

In the losses category, Nokia reduced its €826M ($1.08B USD) loss (Q2) to €576M ($755M USD) (Q3).  Losing three-quarters of a billion dollars in a quarter is bad by any measure, but the trimmed loss does offer some signs of hope for Nokia.

Nokia rebuts the argument that Windows Phone 8 and the Lumia 810/820/822/920s are its "last chance" at remaining relevant in the smartphone argument.  However, the sustained quarters of large losses would certainly seem to suggest that time is running out for Nokia -- once the world's largest smartphone maker -- to win customers back.

Sources: Nokia, FT [analyst estimates]

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RE: So They Come Up With a Winning Strategy...
By Reclaimer77 on 10/18/2012 5:10:51 PM , Rating: 2
Nokia was an absolute GIANT in this industry...

that was, until they signed with Microsoft.

You figure it out, it's not rocket science.

RE: So They Come Up With a Winning Strategy...
By corduroygt on 10/18/2012 6:08:10 PM , Rating: 2
60 fps smoothness of Windows Phone beats every Android headset and every iPhone up to 5 and ties with 5.

Don't count out Microsoft, some people want something that just works smoothly without having to put the work into it. Also live tiles are better than what iOS has.

I have an iPhone 5 by the way and I can appreciate what Microsoft did with WP.

RE: So They Come Up With a Winning Strategy...
By Reclaimer77 on 10/18/2012 11:27:59 PM , Rating: 1
Sorry but the "popularity" argument sort of ends when people spend their money on something and sign a two year contract to use it.

But yeah just pretend it's "popularity" and nobody is making a cost vs. value assessment.

Typical iDiot. When Apple sells the most of something, it's "the best". When Android does, it's a misplaced popularity contest.

I guess you're saying the iPad sucks? I mean it's the most popular tablet, so clearly it's not the best.

By TakinYourPoints on 10/19/2012 3:11:06 PM , Rating: 2
You don't get it.

Popularity and quality don't necessarily go hand in hand, that's the point. The best platform can be the most popular or the least popular, same applies with an inferior platform. The PC is less popular than any of the consoles, yet in many ways it is still the best gaming platform. This isn't a hard concept.

Typical one-dimensional thinking from you.

RE: So They Come Up With a Winning Strategy...
By Reclaimer77 on 10/19/2012 5:15:01 PM , Rating: 2
I get it. You can't stand that Android is pulling ahead of everyone else, so have to rely on these ancillary talking points about "quality" (subjective) and "inferiority", again, subjective viewpoints. Next you'll be left with quoting Apple's profits and stock values like Tony.

Look Takin I get that you love closed systems and walled gardens and the "control" Apple and Microsoft exert on their platforms. You view Android as messy, too "fragmented" (fanboi code for CHOICE), and unfocused. You've said this a million times. Well congratulations, but you aren't everyone. These are your opinions and perspectives, but you need to drop the act that you're some sort of authority on what's quality and inferior.

By TakinYourPoints on 10/19/2012 9:23:22 PM , Rating: 2
I don't care that Android is popular, I care that it is a second rate mobile OS. Even Google clearly agrees with the issues I've had over the years, Every major release they've had has been slowly addressing them. Next on the list: Greater control over the OS, taking more control of updates and the UI away from carriers.

At least they aren't living in denial about the drawbacks of their OS the same way you apologists are.

By TakinYourPoints on 10/19/2012 9:53:10 PM , Rating: 2
(fanboi code for CHOICE)

I'm a-ok with choice. Again, one-dimensional thinking on your part, I'm not against choice on a broad level, my issue is that choice hasn't resulted in enough benefits practically speaking.

"Control" has mainly been for the benefit of the carrier and the OEM, not the customer. At best the customer gets a 5" screen and a keyboard, which again is totally fine, I think that's great. Choice has also resulted in it being a #2 target development platform and carriers (the same ones that screw you over with their rate structures) withholding updates in order to motivate more frequent smartphone purchases. You really want to be on the side of the carriers?

If control meant a better experience in the ways that matter then it wouldn't be a negative at all. Unfortunately it has resulted in something that isn't as good as some of the other options out there. Sorry if you can't deal with that.

RE: So They Come Up With a Winning Strategy...
By Reclaimer77 on 10/20/2012 9:41:36 AM , Rating: 2
You keep saying I'm "one dimensional" but you cannot grasp that all of these things you're saying are just based on your own biases and personal preferences.

Takin maybe, just maybe, there is a world of people out there who don't share your point of view on things?

And yes, excuse Google for not releasing a perfect flaw-free Android on their very first version. It's laughable that you cite improvements to the OS as evidence for your argument.

And Android apologist? That doesn't even have meaning. I'm telling you that I use it daily, I enjoy it, it's solid and works well for me. It does everything I need it to, how does that make someone an "apologist"??

If control meant a better experience in the ways that matter then it wouldn't be a negative at all. Unfortunately it has resulted in something that isn't as good as some of the other options out there. Sorry if you can't deal with that.

Again Takin, you aren't the grand arbiter of what a good experience is. Get the hell over yourself, YOU need to deal with that.

I think I've finally come to understand that you cannot see the forest from the trees. That is to say, you absolutely cannot see past Androids flaws to understand it's benefits, or why so many people prefer it. You rant about Android five times more than I've EVER criticized Apple. It's getting absurd at this point.

Do you enjoy this? Cause honestly I don't, not anymore. I'm not sure if you're being purposefully obtuse or just THAT clouded with your pretentious views of what a phone should or should not be....

By TakinYourPoints on 10/21/2012 12:58:07 AM , Rating: 2
And you cannot recognize the benefits of an iOS ecosystem, batter hardware, centralized support, and better apps.

You and many others here put a blanket "iSheep" label on anyone who likes those products, never considering that there are very logical and practical reasons why they would be chosen.

You yourself cannot see past what you perceive to be flaws (closed, no SD card, etc) to recognize its benefits.

Such hypocrisy and myopia with you.

By Mitch101 on 10/19/2012 11:54:23 AM , Rating: 2
I think your timelines are way off Nokia was in a significant decline way before signing with Microsoft.

What Nokia Proved is if you provide a quality high end device for Microsoft Windows Phone OS people will buy it. Thats only going to get better when they get on the two worlds largest carriers and people finally start seeing the devices.

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

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