Nokia 8800 Sirocco to blow in next month
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A mighty wind Nokia will next month ship an enhanced version of its Nokia 8800 luxury slider phone, upping the handset's camera to two megapixels and re-naming its the 8800 Sirocco.â¦
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October 15, 2004 4:59 PM GMT (Datamonitor) - Nokia [NOK.HE] has used the formidable financial muscle it has built up as mobile handset market leader to engage in a vicious price war to build its market share.
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Nokia, the world&#39;s biggest cell phone maker, reported lower third-quarter earnings on Thursday after cutting prices to claw back market share, but said sales were strong as it enters the key Christmas season.
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Updated OS, new consumer products expected to be introduced next month.
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Plus: iPhone price cut, Google Phone rumors, and more.
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Nokia Corp. said Friday that a Japanese supplier will meet all costs stemming from a warning this month about faulty batteries.
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One billion mobiles will be sold by next year but the boom times could be over, a report predicts.
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palmOne is at the head of a downward spiral of the PDA market according to research group IDC. IDC&#39;s figures showed a 8.7 per cent slump year on year for the third quarter of 2004 - the third successive quarter of year on year decline.
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(InfoWorld) - Palm Inc. has lowered its financial forecast for the current quarter because of delays in bringing its latest Treo smartphone to market. Palm on Monday lowered its revenue forecast for its fiscal 2007 second quarter, which ends Dec. 1, to a range of US$390 million to $395 million from an estimate made Sept. 21 of $430 million to $450 million. It also pared its earnings forecast to a range of $0.10 to $0.11 per share from the earlier estimate of $0.15 to $0.18. Not counting special items, the estimate has been trimmed to $0.15 to $0.16 a share, from an earlier $0.20 to $0.23. Although its line of smartphones is selling well and the new Treo 750v introduced in Europe is popular, Palm hasn't been able to get the Treo 750 introduced in the U.S. as planned, according to the company. "Our Q2 FY07 revenue will be constrained by a delay in certification of a key product. We now expect to start shipping the Treo 750 for the U.S. market early in Q3 FY07," Palm President and Chief Executive Officer Ed Colligan said in a prepared statement. Palm (NASDAQ:PALM) waited until the market closed Monday to announce the news. After closing for the day at $15.37, about three hours later its stock had fallen by $0.64 in after-hours trading.
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Nokia has bowed out of the ringtone market following poor sales from its Club Nokia website. Its exit should also smooth relationships with mobile network operators which think that their hardware providers
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NEW YORK, September 8 (New Ratings) - Nokia (NOK.NYS) reportedly announced yesterday that its Series 80-based handsets, which are scheduled to be launched in 1Q05, would integrate the BlackBerry software.
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Flogging cheap mobiles is easy Nokia's swallowed an estimated 39 per cent of the global mobile phone market in its third quarter, sending profits rocketing 85 per cent.â¦
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Gadget porn stand-off First look The surprise of the 3GSM show so far has turned up in the Gadget Porn Department. Nokia's new communicator, the E90, was one of the most eagerly anticipated launches in a long time. But rather like Apple's iPhone, it's somewhat less spectacular once the reality sinks in.â¦
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The EU judge in the case against Microsoft calls for an unexpected closed-door meeting. Also: Developing world expected to help revive tech sector....  Finland faces a loss of 3G phones.... and more.
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How its customers and channel will 'knife the baby' At times you can feel sorry for Nokia. The company is damned when it dares to plan for the future, and it's damned if it doesn't.â¦
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(InfoWorld) - Amid increasing competition in a fickle cell phone market, Motorola expects to report a loss for its mobile devices business in 2007 and now estimates that second quarter sales will be lower than expected. The number two handset maker said on Wednesday that second quarter sales for the company would be $8.6 billion to $8.7 billion, instead of $9.4 billion as previously expected. That drop in expected sales is the result of lower handset sales, particularly in Asia and Europe, Motorola said. In the second quarter, Motorola expects to report sales of 35 million to 36 million handsets. That will lead to a larger operating loss for the mobile device business in the second quarter compared to the first quarter, it said. During the first quarter, Motorola sold 45.5 million phones. At the time, the company said it foresaw a gradual recovery of its mobile phone business throughout the rest of the year with expectations of a profitable year. Motorola now expects a second quarter generally accepted accounting principles loss per share in the range of $0.02 to $0.04. The company will announce its earnings for the second quarter 2007 on July 19 and will offer further details then, it said. Motorola also announced that it named a new president for the mobile division: Stu Reed, formerly executive vice president of integrated supply chain for Motorola. Reed's predecessor, Ron Garriques, left the company in February to head up Dell's global consumer division. Prior to its first quarter earnings report, Motorola also had to warn that sales would be lower than expected. It made some executive changes then, including the appointment of a new president. Earlier in the year, Motorola had implemented a new plan to help it improve profitability, but that plan wasn't working out, the company said during the first quarter earnings warning. Most of the large handset makers are struggling to keep profits up as sales in established markets like Europe stagnate as most people there already have phones. The companies are increasingly branching out into emerging markets, such as India and China, but they must sell their phones at lower prices to win customers there. That's squeezing profit margins."The only real growth is at the low end, which means there's nice unit growth, but the dollar growth is not there," said Will Strauss, an analyst with Forward Concepts. "This year is a soft year for the cell phone market, in spite of Apple," he said. Apple's hugely hyped iPhone is expected to sell around 10 million units through next year, which may sound like a lot. But this number is dwarfed by the approximately 150 million units that companies like Nokia sell in a year, Strauss said. The iPhone isn't affecting the sales of the biggest cell phone companies, but it may help companies like Motorola realize what they need to do to improve their prospects, he said. The only way that the mobile phone companies can grow profits in saturated markets is to "convince everybody that they need a new cell phone with new bells and whistles," Strauss said. "The iPhone is raising awareness of what the future cell phones are going to look like." In addition, Motorola is notorious for producing hit phones, like the Razr, that sell well but then failing to follow up with additional models that continue the momentum. "They rode too long on the Razr," Strauss said. But the handset maker could get a boost later in the year when it starts selling the Razr 2, which Avi Greengart, an analyst at Current Analysis, said is a big improvement on the first version. Motorola is likely to learn from its mistakes the first time around too. "In the past, they really let the original Razr run away with volume as opposed to maintaining it as a premium fashion phone," he said. "I think this time they're going to resist the rapid price drop." This story was updated on July 11, 2007. Â
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Plus: Linux demand lifts Red Hat profit...Strong sales of phones, other gadgets boost PalmOne profit...Lawson expects quarterly loss.