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Porting apps to Leste (32)
to Maemo 7 / Leste by Arno_11 - 5 days, 22 hrs ago - more...
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2011-06-01
, 12:32
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Posts: 249 |
Thanked: 277 times |
Joined on May 2010
@ Brighton, UK
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#12
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...I make that 40% down from February now. Ouch.
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2011-06-01
, 12:47
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#13
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Finally found it: http://www.businessweek.com/technolo...214_758033.htm
According to businessweek, Nokia spends 4 billions on R&D annually; a third of them were going to Symbian and MeeGo/Maemo.
As Elop previously 'promised', this one-third would be paid to Microsoft for WP's licenses...that's to say we'd expect to have at least 1 billion revenue (with high percentage of net profit in it) written into their book next fiscal year.
Microsoft's stocks seem to be more promising than Nokia's in the whole deal.
P.S. in the article it said Nokia's R&D is one-third more than Samsung's, which is really a surprise, consider mobile phones are just part of Samsung's business. Nokia is really huge indeed....
According to businessweek, Nokia spends 4 billions on R&D annually; a third of them were going to Symbian and MeeGo/Maemo.
As Elop previously 'promised', this one-third would be paid to Microsoft for WP's licenses...that's to say we'd expect to have at least 1 billion revenue (with high percentage of net profit in it) written into their book next fiscal year.
Microsoft's stocks seem to be more promising than Nokia's in the whole deal.
P.S. in the article it said Nokia's R&D is one-third more than Samsung's, which is really a surprise, consider mobile phones are just part of Samsung's business. Nokia is really huge indeed....
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2011-06-01
, 13:02
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Posts: 1,062 |
Thanked: 961 times |
Joined on May 2010
@ Boston, MA
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#14
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in other news, sales of mittens in january skyrocket (july for you southern hemisphere folks 
)
)
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2011-06-02
, 00:07
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Posts: 159 |
Thanked: 53 times |
Joined on Jan 2011
@ Romania, Cluj-Napoca
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#15
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Oh come on. Let's not blow this out of proportions. Sure, the stock plummeted today after the sales warning. It's normal for investors to be concerned for their profits. And when these fail to appear, they sell shares like "hot cakes".
But we should keep in mind that profits for Nokia have seen a general downward trend for a while now. And even without the Q1 incident in February, when they announced the strategy shift, share price and sales would still have seen a steady decrease. Meantime, the investments in R&D would have increased, at least at a rapid rate for Symbian. Plus, there was no way out of this paradox. Even if they tried (and still do try) to make Symbian a "digestible" OS, they won't succeed, because it can't compete with other mainstream OS's. And sales would still have decreased.
So, from my point of view, a shift in their strategy WAS needed. Too bad that MeeGo/Maemo got caught in the middle.
It will be interesting to see what happens when Q4 2011 and Q1 2012 results appear. Will we see a dramatic increase in sales and share prices after the Nokia-WP products are launched ?
But we should keep in mind that profits for Nokia have seen a general downward trend for a while now. And even without the Q1 incident in February, when they announced the strategy shift, share price and sales would still have seen a steady decrease. Meantime, the investments in R&D would have increased, at least at a rapid rate for Symbian. Plus, there was no way out of this paradox. Even if they tried (and still do try) to make Symbian a "digestible" OS, they won't succeed, because it can't compete with other mainstream OS's. And sales would still have decreased.
So, from my point of view, a shift in their strategy WAS needed. Too bad that MeeGo/Maemo got caught in the middle.
It will be interesting to see what happens when Q4 2011 and Q1 2012 results appear. Will we see a dramatic increase in sales and share prices after the Nokia-WP products are launched ?
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2011-06-02
, 00:55
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Posts: 1,309 |
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Joined on Nov 2008
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#16
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Let's talk numbers:
Compare Q1 2010 to Q1 2011:
Symbian sales increased by 3.5 million units, up to 27.6 million units sold.
Microsoft sales decreased by 37.5 thousand units, down to 3.7 million units.
Now, who would you say, out of these two companies, needed a shift in strategy the most?
Hint: The increase in Symbian sales were about the same size as the total number of sold Windows Phones.
Sale numbers from Gartner:
By the way, last I saw, the stock were down on 1998 levels. In 1998, Nokia had 22.9% of a much smaller market. Back then, Nokia could not dream of the sales numbers they now fear. And what's the present value of a 1998 dollar?
Something is Wrong here.
Last edited by volt; 2011-06-02 at 01:02.
Compare Q1 2010 to Q1 2011:
Symbian sales increased by 3.5 million units, up to 27.6 million units sold.
Microsoft sales decreased by 37.5 thousand units, down to 3.7 million units.
Now, who would you say, out of these two companies, needed a shift in strategy the most?
Hint: The increase in Symbian sales were about the same size as the total number of sold Windows Phones.
Sale numbers from Gartner:
By the way, last I saw, the stock were down on 1998 levels. In 1998, Nokia had 22.9% of a much smaller market. Back then, Nokia could not dream of the sales numbers they now fear. And what's the present value of a 1998 dollar?
Something is Wrong here.
Last edited by volt; 2011-06-02 at 01:02.
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2011-06-02
, 01:16
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#17
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Originally Posted by volt
Wrong is:
Something is Wrong here.
- Nokia's management (at least since 2007)
- Nokia's execution (at least since 2007)
- Nokia's management (got even worse 2010)
- Nokia's execution (gets worse and worse)
- Nokia's strategy (since 2/11/2011)
That's wrong.
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2011-06-02
, 01:20
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#18
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Originally Posted by geojoking
Thanks for your reply.
Oh come on. Let's not blow this out of proportions. Sure, the stock plummeted today after the sales warning. It's normal for investors to be concerned for their profits. And when these fail to appear, they sell shares like "hot cakes".
But we should keep in mind that profits for Nokia have seen a general downward trend for a while now. And even without the Q1 incident in February, when they announced the strategy shift, share price and sales would still have seen a steady decrease. Meantime, the investments in R&D would have increased, at least at a rapid rate for Symbian. Plus, there was no way out of this paradox. Even if they tried (and still do try) to make Symbian a "digestible" OS, they won't succeed, because it can't compete with other mainstream OS's. And sales would still have decreased.
So, from my point of view, a shift in their strategy WAS needed. Too bad that MeeGo/Maemo got caught in the middle.
It will be interesting to see what happens when Q4 2011 and Q1 2012 results appear. Will we see a dramatic increase in sales and share prices after the Nokia-WP products are launched ?
First of all the author of the article or us don't try to blow anything out of proportions. Besides, the market response is indeed substantial, otherwise I wouldn't repost the news.
Also, Nokia recalibrates its net sales from previously expected range of EUR 6.1 billion to EUR 6.6 billion for the second quarter 2011 to 'breakeven'. That should be enough to shock the market.
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Last edited by 9000; 2011-06-02 at 01:27.
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2011-06-02
, 01:28
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Posts: 1,309 |
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Joined on Nov 2008
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#19
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Originally Posted by cBeam
You have no sales numbers to back up that claim (until Q1 this year, that is). That's all based on the hype and feeling that Iphone is such a revolution and Android is moving too fast, Nokia can't deal with it. From 2007 up until the disaster 9th/11th of February 2011, Nokia sales were increasing.
Wrong is:
- Nokia's management (at least since 2007)
- Nokia's execution (at least since 2007)
- Nokia's management (got even worse 2010)
- Nokia's execution (gets worse and worse)
- Nokia's strategy (since 2/11/2011)
That's wrong.
People who only read Engadget would think me a liar, for that statement. However, that's what the Gartner numbers show. Android and IOS has been growing really quick. But Symbian has also been growing, up unto recently. And honestly, it's much more difficult to grow when you're at 24 million sold units than when you're at 1 million sold units. Nokia may have been said to have saturated their market, while Google has just began to tap theirs.
Truth is, it's in the stock market that Nokia has come to an embarrassing end. Not in the sale booths.
Last edited by volt; 2011-06-02 at 01:32.
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2011-06-02
, 01:32
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Posts: 76 |
Thanked: 87 times |
Joined on Mar 2010
@ Scotland
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#20
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I can't see the shares going anywhere but down. The MS deal was a merger, I have no doubt. Microsoft will essentially liquidate all Nokia assets except for hardware production. This has been coming for a long time.
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All times are GMT. The time now is 09:14.
Nokia needs a facelift. Nokia needs to a new identification. Nokia doesn't need WP7 unless they can do something with it that will make more than one sector take notice. Nokia needs to avoid becoming the newest version of the KIN. And they needed to have shown something from their February 2010 announcement of going MeeGo, followed by the hiring of Elop and his "burning ship" memo...
Nothing has been shown thus far and it's now mid-2011. So the stock price even being at $7.10 or so is testament to their prior position. They need to fix things, post haste or risk watching 8.90 to 7.10 being the second biggest drop after the next one.
No good news on the horizon for sales either? I'm waiting on the stock price to drop to $2.90.