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Nokia goes deep in the red in the second quarter, smartphone sales collapse to 16.7 million

0. phoneArena posted on 21 Jul 2011, 05:54

Nokia, the company which shaped the smartphone market back in 1996, swings deep in the red in the second quarter after smartphone sales collapsed to 16.7 million units with operating loss amounting to nearly $692 million…

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posted on 21 Jul 2011, 10:23

28. jacob464+ (unregistered)

acctualy it would have made a diffrence if nokia had release symbian anna at Q2 of 2011

posted on 21 Jul 2011, 10:27

29. shannbholla (unregistered)

Why don't Nokia just make andriod phones? DUH!!!!!

posted on 21 Jul 2011, 12:49 1

36. hepresearch (unregistered)

ummm... yeah, how's that working out for Sony Ericsson?

posted on 21 Jul 2011, 10:35

30. ryq (unregistered)

nokia first mistake was abandoning symbian without an alternative os in place. elop seems to be in a hurry to remove everything connected with the previouse ceo,

posted on 21 Jul 2011, 11:09

33. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

The big blunder with Nokia's decision to drop Symbian without having a WP7 at the ready. Waiting several months is hurting them, nobody is going to buy a phone for a burning platform.

posted on 21 Jul 2011, 12:52

38. Whateverman (Posts: 3284; Member since: 17 May 2009)

I hate seeing Nokia being brought down like this. I honestly believe Elop is taking Nokia to the edge of death, just to prepare it for a Microsoft buyout. Every move Elop has made, bring out the N9 then announcing limited support, to dropping Meego altogether, just seems to make way for Microsoft. I could fbe wrong but time will tell.

posted on 21 Jul 2011, 20:29

66. 530gemini (Posts: 2198; Member since: 09 Sep 2010)

@whateverman. See? I was right. Fandroids were symbian lovers before they became fandroids. No wonder you guys hate Apple so much, hahahahaha.

posted on 21 Jul 2011, 22:10

68. Whateverman (Posts: 3284; Member since: 17 May 2009)

Never used a Symbian device a day in my life. So you were wrong yet again. Hahahahahaaaa! I can just see what's happening with that company and I think it sucks. And I don't hate Apple, I have most of their products. I just think Android is a better OS, that's all. :)

posted on 21 Jul 2011, 23:11 1

69. hepresearch (unregistered)

@530gemini... actually, even though I was a Symbian fanatic, I did not become a "Fandroid" at all. I simply have not yet found a suitable replacement OS that meets the majority of my needs and preferences. Once again, you made an assumption that has turned out to be incorrect both ways (i.e. not all Symbian geeks become Android fans, and not all Android fans started out as Symbian geeks), and shows that you are clinging to broad generalizations and inaccurate stereotypes. Those who sided with Symbian before have no reason to hate anybody... Apple revolutionized and popularized the touch-screen smartphone market, and Symbian ended up being a late-comer in that market. This is simply the way it turned out, and I am not going to spend the rest of who-knows-how-long being angry, or hating people, or wondering why it happened that way, or wondering who to blame for it, or otherwise crying in my pillow at night over it. I am moving on... just not by being an adoring fan of any other particular OS.

posted on 21 Jul 2011, 13:04

41. hepresearch (unregistered)

Like it or not, the predicted "worst-case scenario" actually would have been better than what we are seeing happening at Nokia right now. Meego phone released, and immediately proclaimed to be the last of its kind; Symbian support already turned over to a third party; WP7 handset release being teased, and then waited on for months; a waste of hardware expense as 1 GHz processors are thrown into new S40 feature phones; sales and stocks declining (more like plumbeting) as debt piles up; phone pricing tumbles and online stores close as inventory dries up in some places and fails to move in others; rumors of a hostile takeover lurking in the background; Elop saying things happily, and giddily, that just do not make much sense... this is either the most horribly mismanaged attempt at a recovery, or the most intelligently managed and engineered corporate suicide, I have ever seen! I cannot imagine how things could get any worse, but I can only guess that someone will find a way to make it even worse and irrecoverable.

posted on 21 Jul 2011, 13:15

44. district11 (Posts: 125; Member since: 17 Apr 2011)

Samsung should buy Nokia

posted on 21 Jul 2011, 17:14

55. Ha ha~! (unregistered)

In your Face eLOPE!!


posted on 22 Jul 2011, 13:40

73. nick (unregistered)

Elop's results

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