Nokia to sell Vertu to fund the smartphone business
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- Nokia Sucks
- q{d
- 08 Dec 2011
AnonD-695, 08 Dec 2011'If Nokia dies then I'll be praising the victors who contri... moreOutselling the iPhone 4S in a couple of small countries doesn't mean much. What Nokia need is a worldwide success in the level of Galaxy S II or the iPhone 4S. The Lumia 800 isn't the hero Nokia needs to stay alive.
Take into consideration that KPN is selling the Lumia 800 for FREE on a 2 year contract. The monthly is also discounted to € 18.75 per month.
I highly doubt that the Lumia will sell great if it wasn't for these huge discounts. It's pathetic that a newly released phone like the Lumia 800 needs these discounts to sell.
http://www.kpn.com/mobiel/alle-telefoons.cat#
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- AnonD-695
- uC3
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011If Nokia dies then I'll be praising the victors who contrib... more'Nokia is hemorrhaging huge amount of money and that's why they are selling Vertu'
they provide some proof that nokia is losing a significant amount of money until they have to do so.
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- AnonD-695
- uC3
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011If Nokia dies then I'll be praising the victors who contrib... more'If Nokia dies then I'll be praising the victors who contributed to nokia's demise.'
Oh so ur gonna have a huge party and you will be inviting all of them. Pls, that just shows how empty you are from the inside.
The nokia lumia is already outselling the iphone 4s in some countries so u can be pretty sure it will increase. How can be so sure is not enough?
Apple devices are sold at way higher prices than it should be but I dont see you complaining.
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- Nokia Sucks
- q{d
- 08 Dec 2011
AnonD-695, 08 Dec 2011true, no profits now. but seeing how well the lumia devices... moreIf Nokia dies then I'll be praising the victors who contributed to nokia's demise.
Nokia is hemorrhaging huge amount of money and that's why they are selling Vertu. The Lumia 800 may be selling okay but the question is, is it enough? I'm willing to bet that the answer is a big NO.
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- Nokia Sucks
- q{d
- 08 Dec 2011
MdN, 08 Dec 2011So? It just means more people can get good phones for cheap... moreIf there's a company ripping people off then it is Nokia.
How dare they sell the Lumia at a steep price like a top of the line phone? It's a mid-tier phone with a mid-tier internals and it's being sold at top tier prices.
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- MdN
- Mtr
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011Sales numbers means nothing if its not turning a profit. ... moreSo? It just means more people can get good phones for cheap and you're getting ripped off by other companies who make more profit (and don't forget to buy the next flagship in 6 months).
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- AnonD-695
- uC3
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011Sales numbers means nothing if its not turning a profit.
... moretrue, no profits now. but seeing how well the lumia devices are doing, you can be damn sure u will see an increase. there are far from dead mate.
one honest question pls, just were to say nokia is 'dead', WTH are u gonna do next? troll bout another company?
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- Nokia Sucks
- q{d
- 08 Dec 2011
AnonD-695, 08 Dec 2011oh so ur a financial professional now eh. Nokia has been lo... moreSales numbers means nothing if its not turning a profit.
It's like selling more phones and still losing money. That says a lot about the mismanaged and rotten company known as Nokia.
Samsung sells a lot of phones too but they are making a lot of profits while Nokia gets negative profits.
Investors are really losing confidence in nokia.
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- AnonD-21452
- vIg
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011I'm a Samsung Galaxy S II user and I wish Nokia will go ban... moreWhy would Samsung buy patents? They will anyway steal.
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- AnonD-695
- uC3
- 08 Dec 2011
Nokia Sucks, 08 Dec 2011Check this out guys! The investors learned of Nokia selling... moreoh so ur a financial professional now eh. Nokia has been losing stock way before this happened. But on the flip side nokia's sales numbers have been increasing
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- Anonymous
- LiX
- 08 Dec 2011
rbvl, 08 Dec 2011I really don´t get why Nokia won´t negotiate wi... moreBecause Nokia does not want an open source OS, as well as the most of its loyal customers.
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- AnonD-33428
- utY
- 08 Dec 2011
Elop is killing Nokia's Identity 1 by 1... First Killed MeeGo, then Symbian.. Now Vertu.. Sad to see Nokia being ruled by bad leaders :(
Why can't Nokia continue selling smartphones with MeeGo , Symbian(Belle is really good) and Windows Phone alongside.. let people decide which OS they want..And its true that Nokia users surely hesitate to buy a Windows phone which doesn't support Mass Storage mode.. Hoping to see Nokia rule the smartphone world again!
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- Nokia Sucks
- q{d
- 08 Dec 2011
Check this out guys! The investors learned of Nokia selling its Vertu branch and they're reacting to it...
http://www.google.com/finance?client=ob&q=NYSE:NOK
in a negative way. Poor Nokia. Even the investors have lost confidence. Sad but true.
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- asteroid
- t}r
- 08 Dec 2011
isn't it incredible that the three hundred million dollars come from only a thousand phones sold
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- baah
- snQ
- 08 Dec 2011
Nokia sealed its fate with Windows.As we all saw Windows is almost on the OTHERS list of market share..and Nokia will be too if they continue to offer bloatware OS's on their phones.
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- nokia fan
- E{t
- 08 Dec 2011
AnonD-32555, 08 Dec 2011Nokia hater
if nokia didnt even exist there , the phone u... moreSamsung copied nokia before, Now they are copying apple. Android was inspired by symbian itself. They just made it more flexible and faster.
iPhone 4S is bullshit .... after all its a apple product.
Nokia is just got bad leaders when the competition started getting tougher and acted little late on it. Unfortunate that it is struggling now ... just hoping that they get back to top soon.
Good move will be ... get back meego as 2nd smartphone OS and launch N9 in countries where it was not launched and slash its price.
Losing hopes on N9 was another biggest mistake. Such a hard effort and so unique and fresh UI/OS. Should have worked on that b4 dropping it.
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- Nokia or Vertu
- IBJ
- 08 Dec 2011
It is better to sell NOKIA and keep Vertu.Soon they will be the small company or extinct dinosaur
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- rbvl
- Mfx
- 08 Dec 2011
I really don´t get why Nokia won´t negotiate with Android, just imagine a unit running the Lumia 800 specs with Gingerbread o ICS.
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- Sun
- j5P
- 08 Dec 2011
Nokia's leadership is still very much afraid that the Windows project will fail....If the news presented by Arena is true,this is an act of desperation from Nokia....Vertu will never run out of costumers,same as Cartier,Rolex,Ferrari .......you name it.....But Nokia have placed all of their fortunes on Windows,and if they fail having almoast abandoned Symbian and killed Meego they would be in a tragic situation....So now they are ready to sell an asset that brings steady income every year,just to invest in their project....! Only time will tell if they are right....!
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- Scoop
- P$u
- 08 Dec 2011
Wow!! Unbelievable troll!! Ok lets understand that its a strategic move to make sure that Finns focus on/improve what they are best at............viz.....selling phones.
Also I believe if Vertu is bought by some private entity rather than the usual players the phone can be marketed with an exclusive sales channel....& there are lot of rich farts around to throw money around and not care a damn..coz vertu definately is a signature device.
To such people what matters is the bling...the sheer extravagance...& the elite craftsmanship thats amply displayed in every vertu made under the sun.
Nokia also must have weighed the pros & cons...& if the money that they hope to generate from the spin-off is going to be channeled for R&D of smartphones then thats very positive. People react as if we are on the brink of universe explosion with no other options other than Android & IOS........really immature!!!