Disappointing Q2 for Nokia, set to launch first WP7 phone this year

21 July, 2011
Nokia just announced their Q2 financial results - sales volumes decreased and the company posted an operating loss of nearly half a billion euro. On the up side, IP royalty payments went into Nokia's...

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  • Ashura
  • MA%
  • 21 Jul 2011

Fongy, 21 Jul 2011I do hope that's humour... It certainly made me smile! :)... moreNokia did not chose Android because they wanted to be diferent from all other companies and not "hop on the Android bandwagon"But being diferent doesnt always mean it´s usefull or sucessfull as proven by Nokia here

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    • S2
    • PSx
    • 21 Jul 2011

    AnonD-2117, 21 Jul 2011these results disappoint me........nokia provides the best ... morePoor hardware ....? Check Nokia's latest phone with these manufactures latest phone . . . Samsung ,Apple,Moto and Htc . I am using Galaxy s2 now(rocking-sure the winner) . Previously using nokia n900 .Very limited app and updates . Now my s2 is ginger 2.3.4 within 2 month .

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      • Hello000
      • veN
      • 21 Jul 2011

      Nokia should not die literally coz bilions of humanity depend on nokia phone. Those farmers, labourer don't let nokia die just because it can't meet our greedy appetite me included sad really.

        • S
        • S2
        • PSx
        • 21 Jul 2011

        AnonD-2117, 21 Jul 2011these results disappoint me........nokia provides the best ... morePoor hardware ....? Check Nokia's latest phone with these manufactures latest phone . . . Samsung ,Apple,Moto and Htc . I am using Galaxy s2 now(rocking-sure the winner) . Previously using nokia n97.

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          • Dexteral
          • PSd
          • 21 Jul 2011

          as expeted nokia has taken some poor decisions, i would sack their entire board if i were a shareholder, i used to have n95 a beast of a mobile but after it its all downhill from nokia. take some examples from apple, samsung and htc, they all cant be wrong seeing they have profits and you nokia are in losses. android is open sourced -- do u understand nokia why not use it!! what is it that u r afraid to loose, very foolish strategy by nokia, i expect the stocks are likely to go down even further

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            • Bilout
            • Mfx
            • 21 Jul 2011

            So many bad decisions from Nokia in the past years are incredible: regarding clamshells, touch-screens, OS, apps market....Nokia CEOs should give back their salaries and bonuses.
            They had a last chance by making Nokia phones with Android, and lost it. What a bunch of incompetent, arrogant and lying Nokia leaders.

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              • Anonymous
              • PBR
              • 21 Jul 2011

              AnonD-5449, 21 Jul 2011Haha. The 430 million euros are from Apple.Apple bought IP(s) from Nokia then sold them back as iPhone(s)

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                • AnonD-4697
                • LuN
                • 21 Jul 2011

                Will be soo hard for Nokia recover buyers attention and confidence.

                Nokis is loosing ground very quick, I love Nokia but the don't have innovation, N9 was a nice idea but was too late, E7 is indeed a cool phone (X7 and N8) too) but they are based on Symbian and since Elop announce the death of Symbian support many people trash or resell their phones in order to get something that will get long-term support.

                I don't know about Nokias future, but If they don't do nothing quick we can see an fall of Nokia on Smartphones markket.

                But in the bright side...Nokia is doing a great job on making powerfull basic phones, maybe this area and not Samrtphones will give more life to Nokia, but I see hard Nokia will recover the No. 1 company they used to be.

                Now with the launch of iPhone 5 and new comers Nokia needs a great device in order to get Buyers attention.....

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                  • Anonymous
                  • uEx
                  • 21 Jul 2011

                  AnonD-1131, 21 Jul 2011I really don't understand why the public seems to listen to... moreI really don't understand why the public seems to listen to the geeks online when they hurl bs and mud at Nokia. The geeks online also hates Apple but for some reason, they don't seem to affect the sales of the iPhone while Nokia's sales decline. What does Android and iOS have that Nokia doesn't? Nokia phones are better and gives you more bang for your money but the public seems to be moving away from Nokia. I hope Elop can turn things around and put Nokia right back on top. I hope the Sea Ray will sell more than the SGS2 and iPhone 5.

                  because it's true, nokia sucks big time, the specs are inadequate with the high price. too many competitor for the low end product (low end android, china dual/triple standby gsm-cdma touchscreen and bb-like phone).. not to mention they looks like going around with no direction and proper planning, everything is sudden and changed suddenly (seriously, do they planning on just releasing 1 meego device?)

                  correction, the geek online divided into apple lover and apple hater..

                  what android has that nokia doesn't has? a lot.. flexibility, homescreen customization, lot's of apps (lots junk apps but lots great apps too), high specs with lower price than nokia, product flexibility (LG, SAMSUNG, HTC, and many others)..

                  somehow i remember an apps on ovi store which is sucks big time.. it's a firecamp display.. what it does is just display fire, firecamp?, or whatever that is and it is paid apps for around 2$ ?......

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                    • harsh
                    • 7tD
                    • 21 Jul 2011

                    nokia can still save themselves if they start producing wide screen android phones.. but NOKIA is more concerned about its words used in past for android rather than falling company.. foolish CEO.

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                      • AnonD-2725
                      • fw7
                      • 21 Jul 2011

                      AnonD-8044, 21 Jul 2011Most geeks wanted a n E90 replacement others wanted an n95 ... moreOr maybe people wanted better devices that had better support than Nokia?

                      Iphone - Appstore ?
                      Android - Android Market place ?

                      I used to blindly support Nokia, now I have a Motorola Defy and won't ever go back to Nokia.

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                        • Rollindice
                        • LBH
                        • 21 Jul 2011

                        I think in time to come Nokia will regain it's place ,just with time...The N8 with Anna is running pretty smooth!

                        Let's see what Belle offers and the first WP7 / Nokia Phone

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                          • AnonD-2117
                          • 7tD
                          • 21 Jul 2011

                          these results disappoint me........nokia provides the best bang for buck phones in the market and still people prefer phones wid poor hardware and build quality.........why is it so??????

                          P.S.:a happy c6-01 user

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                            • AnonD-1131
                            • kJX
                            • 21 Jul 2011

                            Fongy, 21 Jul 2011I do hope that's humour... It certainly made me smile! :)... moreI really don't understand why the public seems to listen to the geeks online when they hurl bs and mud at Nokia. The geeks online also hates Apple but for some reason, they don't seem to affect the sales of the iPhone while Nokia's sales decline. What does Android and iOS have that Nokia doesn't? Nokia phones are better and gives you more bang for your money but the public seems to be moving away from Nokia. I hope Elop can turn things around and put Nokia right back on top. I hope the Sea Ray will sell more than the SGS2 and iPhone 5.

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                              • Cod3rror
                              • pp0
                              • 21 Jul 2011

                              Incredible! Just when I think Nokia might disappoint they go ahead and exceed my expectations in failure!

                              That February announcement was like a rocket attached to their already falling stock.

                              Congrats Nokia and well done Mr. Elop, well done sir!
                              I’ll print this and hang it on the wall.
                              http://www.allaboutsymbian.com/images/news/smartphoneshipmentsq211.jpg

                              Lost Europe to Samsung.

                              Lost smartphones to Apple and Samsung… Apple ships one phone, ONE! And outsells all of Nokia’s smartphones combined. There you go Nokia… the hard lesson that people want one perfect phone, not 10 with features spread across them.

                              Apple is incredible! Only four years to take down Nokia. Amazing.

                              And if it wasn’t for Apple throwing what is a pocket change to them to Nokia, Nokia would’ve lost 1 billion.

                              And this is only the beginning...

                              They have nothing to offer in Q3 and Q4, literally nothing, the new Symbian Belle phones will only start shipping in H1 2012, MeeGo N9 will be low volumes, WP7 will bomb.

                              If you think Q2 was fun, wait till Q3 and Q4, when Apple, Samsung, Google and HTC will starts the onslaught with their phones and Nokia will still be offering the N8.

                              They have to drop the price of existing phones to 200-250 euro MAX if they still want to sell something.

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                                • Sidmeier
                                • vxu
                                • 21 Jul 2011

                                Anonymous, 21 Jul 2011The camera for the n8 is good but the other features are cr... morebattery can be change in N8 just search in youtube how . . youll be suprised how easy it is

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                                  • ps
                                  • iEZ
                                  • 21 Jul 2011

                                  What the story doesen't say is that though the result was poor it was actually better than what was initially expected.

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                                    • AnonD-8044
                                    • nFe
                                    • 21 Jul 2011

                                    Most geeks wanted a n E90 replacement others wanted an n95 8GB replacement..Nokia did nothing and the N97 or E7 are NOT E90 replacements so people just wandered off..

                                    You dont go shouting the odds about burning platforms THEN say we are supporting symbian till 2016,,you dont go bringing out a mobile that creares mass hysteria like N9 and say we are not going to sell it in all markets and its got no future..

                                    Elop killed Nokia in my eyes BUT they dont get stuff to market quickly so they are hardly going to expect record profits..

                                    Motorola and S/E were in trouble recently but they have come back..I would love Siemens to return to market i loved their fones..

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                                      • Fruitcake
                                      • LhR
                                      • 21 Jul 2011

                                      Nokia in the 90s was doing o.k producing Budget mobiles that were Cheap an Easy to Use,but never seem to really advance things on,They did not so no potential in TouchScreen mobiles,One of a Number of Stupid Decisions they made,They thought any phone they produced would be Succesful,but just look at the N97 o.k it might have looked good but the Software Full of Bugs,an then Apple joined the mobile market an Nokia thought they wouldn"t be beaten by Apple,but they got it all wrong,Then the Worse Descision ever by Nokia is letting Mr Elop take over the Main Leader,who had no experience in the Mobile Market at All,an then Nokia let him bring is previous employees Microsoft in Mobile Market,an then the Switch to Windows announced an ever since its been All Doom an Gloom at Nokia,Why?didn"t Mr Elop announce the Switch to Windows when Nokia had its Windows phone ready to be released,an just can"t see Mr Elop being there for Long at Nokia

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                                        • Rip
                                        • G2G
                                        • 21 Jul 2011

                                        Nokia's smartphones aren't doing too hot... Of course they´re not! Nokia is still insisting on using symbian!!! Good news is that Nokia will finally put it to rest! Bad news is Elop is onboard! God help Nokia!