Recent News - General - Page 7

Kantar data shows an EU - USA divide for Windows Phone device sales

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The latest set of Kantar Worldpanel data, released today, shows that Windows Phone's share of smartphone sales continues to grow in Europe, but is stagnant in the US and China. In the three months to the end of August 2013, Windows Phone devices made up 9.2% of smartphone sales by unit volumes in the EU5 (Germany, UK, France, Italy, and Spain), but only 3% in the USA and 2.1% in China.

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Nokia publishes more details on proposed Microsoft transaction

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Nokia yesterday published additional material about its proposed transaction with Microsoft that will see the sale of its Devices & Services business and a major patent licensing agreement. The information is intended to give shareholders more information ahead of the proposed 19th November EGM (Extraordinary General Meeting) at which shareholders will be asked to follow the board's recommendation and vote to approve the proposed transaction with Microsoft.

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Microsoft to acquire Nokia's Devices & Services business and license patents

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Microsoft and Nokia today announced that they had signed an agreement whereby Nokia will sell its Devices & Services business and license its patents to Microsoft for €5.4 billion. The transaction is expected to close in Q1 2014, subject to shareholder and regulatory approval.

The move will be seen as a key part of Microsoft's future devices and service strategy and was, perhaps, inevitable given its reliance on Nokia for Windows Phone devices, especially after rumours about such a transaction were floated earlier this summer. It will shake up both the Windows Phone ecosystem and the mobile industry more generally, drawing clear lines between major technology players, but also leaving questions about the business sustainability of smaller players.

The transaction will close the mobile phone chapter in Nokia's 150 year old history and reshapes a company that remains one of Europe's leading technology brands.

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Nokia's App Social replaces App Highlights, adds wisdom of the crowds

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App Highlights, which is pre-loaded on most Lumia devices, has served as Nokia's primary app promotion and recommendation channel, and is an important part of the company's app strategy. From today, it will be replaced, on Windows Phone 8 devices, by the App Social service and app. App Social, which was previously available through Nokia Beta Labs under the name App Highlights Social, adds a social and community element to the existing App Highlights concept, including the ability to curate your own list of app recommendations.

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Nokia Q2 2013 results - Lumia sales up against mixed background

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Nokia has released its Q2 2013 results, reporting an operating loss of €115 million (up from a loss of €824 million in Q2 2012), with net sales of €5.695 billion (down 24% year-on-year). Nokia's Devices and Services division's operating loss was €33 million. The margin in Devices and Services was -1.2% (up from from -11.8% in Q2 2012). Total smartphone device sales were 7.4 million (all Lumia), up from 6.1 million in Q1, while mobile phone volumes were 53.7 million, down from 55.8 million in Q1, and down 27% year-on-year.

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Nokia's HERE Transit gets new look and expanded non-Nokia device availability

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Nokia has announced a forthcoming update to its public transport-focused HERE Transit app. The updated version, which will be available later this week, brings a refreshed user interface design, with a cleaner main panorama and reworked iconography. In addition, the new version will expand the number of markets in which the app is available for non-Nokia Windows Phone devices.

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Nokia announces entry level Asha 501 "smartphone"

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At an event in New Delhi, Nokia unveiled the Asha 501, the first of its next generation of Asha smartphones, powered by the new Nokia Asha platform. Priced at £63 ($99 / €75) before taxes and subsidies, the device is intended to provide a low cost smartphone option in Nokia's product portfolio, positioned between the Lumia range of Windows Phone devices and the Series 40 range of feature phone devices.

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Nokia Q1 2013 results - slow but steady improvements

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Nokia has released its Q1 2013 results, reporting an operating loss of €150 million (up from a loss of €1338 million in Q1 2012), with net sales of €5.852 billion (down 20% year-on-year). Nokia's Devices and Services division's operating profit was -€42 million. The margin in Devices and Services was -1.5% (up from from -5.1% in Q1 2012). Total smartphone device sales were 6.1 million (5.6 million Lumia, 0.5 million Symbian), but mobile phone volumes fell to 55.8 million, down 21% year-on-year.

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Nokia Q4 2012 results - return to profitability

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Following on from a preliminary set of results, Nokia has now released its full interim Q4 2012 results, reporting an operating profit of €439 million (up from -€954 million in Q4 2011), with net sales of €8.041 billion (down 20% YoY). Nokia's Devices and Services division's operating profit was €276 million. The margin in Devices and Services was 7.2% (up from from 3.4% in Q4 2011 and up from -19.2% in Q2 2012). Total smartphone device sales were 6.6 million (4.4 million Lumia, 2.2 million Symbian). 

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