Nokia makes Good on business phones
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com November 2, 2004, 11:06 AM PT. Wired &amp; Wireless continues its reign as the top IT priority among IT managers due to widespread IP telephony deployment and other network infrastructure upgrades.
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"It should improve their internal efficiency and give new opportunities moving more into the services world, where naturally software is very important."  The world's biggest mobile handset firm, Nokia, has announced a reorganisation aimed at taking advantage of future growth areas and increasing its efficiency. via Manawatu Evening Standard
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Finnish phone giant gets it right Nokia has received plenty of criticism recently for its outre designs and - this year in particular - poor battery life. However, I've been using a phone which overcomes many of these problems. In contrast to many other Nokia models, function triumphs over form. This is a no-frills business model with several important breakthroughs.â¦
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The world's top cellphone maker Nokia   unveiled on Tuesday a new phone model for corporate  users, the Nokia E51.
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InfoWorld - Nokia, the world&#39;s largest handset maker, is well known for its consumer devices but maintains a range of enterprise products.
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Nokia&#39;s net profit jumped in the third quarter as the company made up for the falling average selling price of its phones by shipping more of them, the company said Thursday.For the three months ending Sept. 30, net profit increased 85 percent over the third quarter of 2006, to &#8364;1.6 billion ($2.3 billion). Net sales rose 28 percent to &#8364;12.9 billion. Earnings per share rose 90 percent to &#8364;0.40.The company shipped 112 million units, 26 percent more than in the same period a year before. Nokia estimates it holds a 39 percent share of the mobile market.The ASP (average selling price) of mobile phones, however, has fallen from &#8364;90 to &#8364;82, Nokia said. The company said it expects the ASP to continue to decline but volume demand to increase through the end of this year and next.The most dramatic change came from Nokia&#39;s Enterprise Solutions business unit, which includes security appliances and software as well its E Series phones, which are aimed at business users. Operating profit for the unit was &#8364;88 million compared to a &#8364;65 million loss in the third quarter of 2006. Nokia attributed the rise to strong sales of its E65 model.Nokia Siemens Networks reported a 120 percent operating profit decline, which Nokia said was due to restructuring costs and other one-time items. The division, launched in April, is a combination of Nokia Networks and Siemens&#39; carrier-related operations for fixed and mobile networks. Nokia said it has identified &#8364;500 million in savings in combining the two entities that will be realized at the end of 2008.However, sales for Nokia Siemens Networks increased 7 percent over the second quarter of this year, which was the first quarter Nokia reported results for the division.
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Nokia Corp. , the world's dominant cellphone maker, is positioning itself to compete against the likes of MySpace, iTunes, and Google, and is anchoring a key part of its new business in the Back Bay.
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Nokia is adding BlackBerry connectivity to its Series 80 mobile devices, including the Nokia 9500 Communicator, and has unveiled a new business smartphone, the Edge-compatible Nokia 9300.
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Nokia reported a 44 percent rise in net profit for the fourth quarter, on sales that increased 34 percent. The company estimates 1.14 billion phones were sold in 2007, 40 percent of them bearing the Nokia brand.The company made net profit for the quarter of &#8364;1.84 billion ($2.7 billion as of Dec. 31, last day of the period reported), up from &#8364;1.27 billion a year earlier.Sales for the quarter rose to &#8364;15.7 billion from &#8364;11.7 billion a year earlier. Growth was dampened by the weakening dollar: at constant currency rates, sales would have grown by 40 percent, the company said.Nokia is counting on its&#160;acquisition of digital mapping data provider Navteq, and its move into the Internet services business, to drive future growth, Chief Financial Officer Rick Simonson said in a conference call with analysts.Basic mobile phones sales now account for less than half the group&#39;s revenue, down from 60 percent a year earlier. Although sales volumes increased, the average selling price of such phones dipped from &#8364;89 to &#8364;83.Around the world, shipments in the quarter increased 26.5 percent, with growth topping 40 percent in Asia. Growth could have been faster were it not for shortages of certain components, Nokia said. Sales fell in North America, Nokia&#39;s smallest geographic market, where shipments dropped 13.6 percent to 5.1 million phones. Nokia blamed the drop on its progressive withdrawal from the market for phones based on CDMA technology, used mainly in North America, to focus on the GSM technology used worldwide.Nokia&#39;s multimedia division saw a 42 percent increase in sales, to &#8364;3.03 billion, and a doubling of operating profit, driven by the success of consumer smartphones such as the N73 and N95, which the company describes as &quot;multimedia computers.&quot; It shipped over 11 million Nseries devices and over 2 million of its Eseries enterprise devices during the quarter.New phones and multimedia devices that began shipping in volume during the quarter accounted for about 30 percent of profits and revenue, said CEO Olli-Pekka Kallasvuo.The company also saw sales more than double at Nokia Siemens Networks, its network equipment joint venture with German conglomerate Siemens.Looking ahead, the company expects mobile phone sales to dip slightly in the first quarter, picking up to grow 10 percent for the full year. It also expects its share of that market to grow, although average selling prices will likely continue to decline, it said.&quot;Much work remains in order to realize our ambitions,&quot; Kallasvuo said. &quot;We will not underestimate the competition.&quot;Nokia will have to address its problems in North America if it wants to increase its share of the mobile phone market further, said Gartner research vice president Carolina Milanesi.The company is working with U.S. operator&#160;Sprint Nextel to build a nationwide WiMax network, but Milanesi does not expect sales of WiMax devices to compensate for the company&#39;s falling CDMA market share during 2008.&quot;It&#39;s not going to happen overnight,&quot; Milanesi said.Simonson found a silver lining to the cloud over Nokia&#39;s performance in North America: with such a small share of the U.S. market, the company has little exposure to the country&#39;s economic troubles.
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Nokia Corp. unveiled services and cellphones yesterday that customers can use to download music and play games, a bid by the world's largest mobile phone maker to challenge Apple Inc.'s higher-end iPhone, as well as iTunes and the iPod.
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At GSMA 2008, Nokia debuts the Nokia N78, a Symbian smartphone that combines music, imaging, and navigation.
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InfoWorld - Nokia&#160;is aiming to boost the use of mobile e-mail in the enterprise with a new release of its Intellisync software and several new handsets aimed at business users.
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The world's top cellphone maker, Nokia  , unveiled on Tuesday a new phone model, the Nokia  E51, for corporate users and said it still expects to fast  growth in the mobile e-mail market.
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InfoWorld - Nokia released on Tuesday the newest addition to its E-series lineup of mobile phones for businesses, revamping the user interface for easier navigation, executives said during a London product launch.
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Nokia (NOK1V.HE), the world&#39;s largest  mobile phone maker, on Monday unveiled three new mobile  handsets, including some with enhanced music and multi-media  capabilities.
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Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales. The news pushed its shares up nearly 6.5 percent in trading.
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Nokia unveiled a mobile phone for business users on Thursday that incorporates a camera with a megapixel resolution, beefing up a patchy handset portfolio that has cost it market share.