Featured Articles

Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

The day has finally come and it appears that most rumors were actually spot on as Apple has now officially unveiled…

More...
CEO: Intel on target for 40m tablets

CEO: Intel on target for 40m tablets

Intel CEO Brian Krzanich just kicked off the IDF 2014 keynote and it started with a phone avatar, some Katy Perry…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 19 July 2012 09:43

Analysts expect Nokia to post steep Q2 loss

Written by Peter Scott



Lumia sales estimated at 4 million units


Analysts are expecting Nokia to announce hefty losses in Q2 later on Thursday. It all hinges on Lumia sales and they don’t appear to be growing as fast as expected.

Nokia just can’t get a break. Just as it seemed its Lumia series smartphones were starting to gain traction, Microsoft stepped in and told the world that all Windows Phone 7.x won’t be compatible with Windows Phone 8. Analysts now estimate that Nokia managed to shift 4 million units in the second quarter and that it will sell about 19 million Lumias by the end of the year.

Although it would appear Lumia sales doubled from the first quarter, it is still not enough. Apple and Samsung managed to sell 30 and 50 million phones last quarter, dwarfing the Finns in comparison.

On Wednesday Nokia shares closed at €1.37 after briefly hitting €1.33, an 18-year low for the company. Nokia shed 84 percent of its value since it embraced Windows Phone and recently the company announced that it has a backup plan in case Redmond’s OS fails.

We reckon the plan involves a cyanide capsule and a Walther PPK.

More here.


Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments