Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

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

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments