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Old 15-10-2009, 11:08 AM
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Nokia Q3 2009 results, converged device shipments slip

Nokia has released their Q3 2009 results. Nokia rerpoted an operating loss of EUR 426 million, but this was primairly due to a write down in the value of Nokia Siemens Network. Nokia's device and service division's profits were EUR 785 million, up 3% from the previous quarter. Converged devices sales (smartphone) were up at 16.4 million, compared with 15.5 million units in Q3 2008 and 16.9 million units in Q2 2009. As such converged device volumes were, perhaps, lower than expected.

Read on in the full article.

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Old 15-10-2009, 11:19 AM
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Not a great surprise...
Quarter a quarter, Nokia go down a little more, and they keep the same sales and marketing line

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Old 15-10-2009, 11:36 AM
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Sadly it will be worse even there is E72,E55 and the N900. Only the combination of SYmbian^2,3,4 with markiting strategy and intelligent advertising for the software capabilities will change the bad situation.

And Nseries is begging. N98 with hell features is badly needed now and let it cost 1500$ at least people will dream about it like when they dreamed about N95 in 2007. I cant dream to touch the N97 (or N900) now!!!
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Old 15-10-2009, 12:00 PM
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They did little better than expected. N-Series is falling down like their market share/imago/stocks.

Nokia shares are diving deeply atm. No wonder though, after N97 and OVI flops. :P

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Old 15-10-2009, 12:12 PM
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According to the graph N-Series have definitely lost their charm.
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Old 15-10-2009, 12:52 PM
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Actually losing a bit of marketshare will help Nokia to regain focus. Sometimes too large a marketshare is hard to maintain. One strategist was discussing this very thing in one of the Apple forums. He was saying that by not trying to garner certain markets, Apple is free to spread across several and maitain profiability. This seems to be working as they are well in the black and making a very tidy sum. If Nokia can sort of slim down some of its phone models and concentrate on those which the population seem to be clamoring for, they could do very nicely. The phone market has shown that there is enough room for many different brands and types. Nokia just has to position itself in these markets as a player, not necessarily as the most dominant.

  #7  
Old 15-10-2009, 01:57 PM
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it all started with the iPhone...
All you Nokia fanboys who laughed at Steve Jobs when he unveiled the iPhone in that 2007 keynote, Who is laughing now?
It's over. Nokia can't compete and you know it.

  #8  
Old 15-10-2009, 02:10 PM
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@bustafone

You tard, this has nothing to do with the iPhone and well you know it. So Nokia sell 1m smartphones more than in the same quarter last year, but they can't compete; hmm, interesting logic. No doubt Apple would love to be selling upwards of 60 million phones a year, but that's probably never going to happen.

  #9  
Old 15-10-2009, 02:13 PM
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Do not worry about BUSTAFONE. He is a troll and he knows it.

  #10  
Old 15-10-2009, 02:18 PM
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Thumbs down @ Bustafone

Heheh! Nice try at flaming...Jeez come on, sometimes it's like from some people's point of view that since Apple launched the iPhone all other phone manufacturers should shut up shop and go do something else...

I seem to recall that the 1st & 2nd gen iPhones dont capture video, the new iPod Nano captures video but no photos, the 3rd gen iPhone captures both video and photos and the iPod Touch does neither, Nokia and other manufacturer's devices have been able to do both for years already..

Check out some of the reviews of the N900 and then read the comments, iPhone doesn't look so hot anymore, OS X for mobile can't even play Adobe Flash content, what a joke...

  #11  
Old 15-10-2009, 02:27 PM
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Back on topic:
Nokia is in a transition phase. They did a lot to reinvent themselves (again) during the past two years (services focus, Maemo focus for high end, Symbian made open source, QT UI). This is quite a long term strategy and will need at least another year to come together (Maemo 6, QT everywhere, Symbian ^2,3,4, Services consolidation). Given that they have "road works" on all major paths they are doing quite well.

  #12  
Old 15-10-2009, 02:28 PM
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"Check out some of the reviews of the N900 and then read the comments, iPhone doesn't look so hot anymore, OS X for mobile can't even play Adobe Flash content, what a joke..."

The N900 CAN'T EVEN SEND MMS, WHAT A JOKE!

Massive loss of market share?
Yeah, a lack of innovation, resting on one’s laurels, assumption that the good time will never end, will do that.

http://www.mobilecrunch.com/2009/10/...hy-it-matters/

  #13  
Old 15-10-2009, 02:31 PM
rvirga rvirga is offline
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Quote:
This reflects continued poor sales for the Nseries
Let me understand this: does Q3 mean July, August, and September, basically the time when the N97 and the N86 (Nokia's N-series and imaging flagships, respectively) went on sale? Bwahahahahahaha.
I mean, if the release of not one, but two flagship devices doesn't result in a (at least temporary) surge in sales, stick a fork in Nokia N-series, it's done.

  #14  
Old 15-10-2009, 02:36 PM
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The mobilecrunch article is plain wrong even in it's first sentence: "Nokia suffered an $834 million loss due to falling handset sales".

The loss is mainly because of a write down in the value of Nokia Siemens Network.

  #15  
Old 15-10-2009, 02:41 PM
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Smile no MMS for N900

I wasnt aware the N900 cant do MMS, agreed thats a joke..

Wait a minute! Wasn't AT&T in US promising MMS for iPhone for SUMMER 2009?? Then someone filed a class action against them because summer turned into Fall

Oh well I guess nobody's perfect.. Better got and charge your iPhone, the battery is running out again, shame you can just remove the cover and insert a spare one...
 

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