Nokia Q2 results are out, profits fall as smartphones get cheaper

22 July, 2010
And the results are in - Nokia just announced their Q2 financial results. To summarize - sales are up, profits are down, shifting currency exchange rates didn't help and smartphones have sold more units and...

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  • ?
  • Anonymous
  • nIt
  • 23 Jul 2010

[deleted post]LOL! Financial reports can be quite confusing and I understand the confusion caused by those figures.

    • ?
    • Anonymous
    • 9yD
    • 23 Jul 2010

    FireDragon, 23 Jul 2010The way I see it, I don't think it is that bad. They don't ... moreSymbian^3 Symbian^4 = Symbian Foundation OS so if you have complain about OS feedback at Symbian Foundation not Nokia. Symbian S60 = Nokia OS. hope that clear.

      • B
      • BrianAW
      • ib3
      • 23 Jul 2010

      You are THE BEST NOKIA !!!

      CHEER UP !!!

      =P

        • ?
        • Anonymous
        • fnJ
        • 23 Jul 2010

        I wish Nokia all the best.

          • d
          • deep space bar
          • q}@
          • 23 Jul 2010

          xxxxxx, 23 Jul 2010That's right, the best network in the USA with the best sm... morei'm from canada so the best network is WINDmobile and they work fast and they are reliable
          they had a slow start but now 7 months later BAM they made 3 main providers the BIG 3 shake

          the n900 on it is AMAZING and so will the N8 be when it comes out

            • x
            • xxxxxx
            • k2n
            • 23 Jul 2010

            deep space bar, 23 Jul 2010you know what that means Q4 for nokia will be ridiculous That's right, the best network in the USA with the best smartphone in the world, that's the nokia n8.

              • ?
              • Anonymous
              • nIt
              • 23 Jul 2010

              deep space bar, 23 Jul 2010nokia only counts phones apple does phones,computers,m... moreYeah right! Apple break it down accordingly, like this, Mac sales 3.47 million units sold. iPhone sales jumped 61% from a year ago with 8.4 million units sold and the newly released iPad tablet saw sales of 3.27 million.
              Nokia have lost the vision and need new blood, for some odd reason they "@Nokia" decided emerging markets was the way to go hence went all out and released some crappy low end phones which people in emerging markets probably will not even bother with except maybe in India where Nokia rule.

                • d
                • deep space bar
                • q}@
                • 23 Jul 2010

                xxxxxx, 23 Jul 2010Nokia n8 will be offered on verizon in the USA in the 3Q of... moreyou know what that means

                Q4 for nokia will be ridiculous

                  • x
                  • xxxxxx
                  • k2n
                  • 23 Jul 2010

                  the best smartphone = iphone 4
                  the worse smartphone = iphone 4

                    • x
                    • xxxxxx
                    • k2n
                    • 23 Jul 2010

                    deep space bar, 23 Jul 2010nokia only counts phones apple does phones,computers,m... moreNokia n8 will be offered on verizon in the USA in the 3Q of this year.

                      • d
                      • deep space bar
                      • q}@
                      • 23 Jul 2010

                      Anonymous, 22 Jul 2010Hey since Apple announced their profits, their share value ... morenokia only counts phones

                      apple
                      does phones,computers,music tv services and apps

                      apple obviously has more value
                      it's common sense
                      but apple has decreased while nokia is gaining it's ground again
                      USA is shifting numbers again like always

                      http://communities-dominate.blogs.com/brands/2010/07/midyear-point-for-nokia-next-in-bloodbath-update-and-they-did-grow-smartphone-market-share-again.html

                        • ?
                        • Anonymous
                        • vCk
                        • 23 Jul 2010

                        They are still releasing 'new' phones with dated OS and they wonder why profits are falling. Even the build quality of there handsets is suspect..

                        In the past few years they haven't really developed as quickly as other manufacturers and need to assess if there own OS is really worth sticking with or develop an OS to overlay android like HTC are doing with there sense.

                        And give up on the OVI store......

                          • F
                          • FireDragon
                          • uCw
                          • 23 Jul 2010

                          The way I see it, I don't think it is that bad. They don't have a superphone in their portfolio in a while but a couple of them are at their labs to be out. Then their average prices goes down so they sell more but profit less. More sale means they build a good ground.

                          With their high-end devices rolls out, it will make a difference but for low price they will have to sell really a lot to show good profit in books.

                          I am sure Nokia will never take Andriod. they will work to fix Symbian 3 and 4 and Meego.

                            • a
                            • adrian vinersan
                            • 0k4
                            • 23 Jul 2010

                            people, you do realise that apple shoud the income for all products and nokia just for mobile devision and some other small part's... ?!


                            what if sony would to show the income for the hole company !??

                            imagine sony pictures,sony music,(sony electronics) sony bravia, sony cameras (dslr,compact's,camcorder's),sony Walkman,sony playstation,HBO,Axn,sony broadcast (where devices cost as much as 1000000.... phones toghether
                            ,tristar pictures,sony banking,insurance and verry many more

                            i can't even imagine what that income would be ...


                              • ?
                              • Anonymous
                              • vCk
                              • 23 Jul 2010

                              Never say never!

                                • x
                                • xxxxxx
                                • k2n
                                • 23 Jul 2010

                                Anonymous, 22 Jul 2010Hey since Apple announced their profits, their share value ... morethat will never happen, remember microsoft have more ownership in apple than apple have in itself.

                                  • x
                                  • xxxxxx
                                  • k2n
                                  • 23 Jul 2010

                                  with nokia phones you could use it for what it's made for making calls, unlike you iphone 4?

                                    • e
                                    • ezekiel_zick
                                    • t7X
                                    • 23 Jul 2010

                                    ezekiel_zick, 23 Jul 2010Is thiz a Debate R0oM..? Hahaha!Yez... U are absulutely Ryt..! I t0taly agree wid u 150%..! ThumBzUp..! Un dn ang nsa icp q.. Haha..! Auz..! xD

                                      • ?
                                      • Anonymous
                                      • vCk
                                      • 23 Jul 2010

                                      Not surprising they are losing out really..

                                      While Nokia sort out there inhouse OS issues in the meantime they should jump on the Android bandwagon like other manufacturers are doing. Thats guaranteed to increase profits; Just look at Samsung, HTC, LG and Sony and the almost doomed Motorola.

                                      Don't be stubborn Nokia!!

                                        • e
                                        • ezekiel_zick
                                        • t7X
                                        • 23 Jul 2010

                                        Is thiz a Debate R0oM..? Hahaha!