by admin at Friday, January 23, 2009 in Tech News
Tags: Cell Phone, global economic slowdown, lg, Nokia, operating profits, Samsung
Just like many other big players, Nokia, too, shows least immunity against worldwide recession, as the Finns has posted a worrying 50% drop in its operating profits in the fourth quarter.
Nokia has seen a drop nearly of €1.2b in its operating sales on yearly basis, which indicates that even leader of the cell phone market, is badly suffering from global economic slowdown.
The company is also expecting more troubles in the current year, as there are predictions of 10% drop in their handset sales during this year and it will be the first half of the year when the Finns have to suffer a lot.
The company’s market share also saw considerable drop and shrank from previous watertight 46% to only 36% mainly due to the likes of LG and Samsung that seemed to make up some nice ground.
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by admin at Monday, November 24, 2008 in Cell Phones
Tags: apan, mobile phone, MVNO, Nokia, NTT
There are some reports from Japan which suggest that Nokia is planning to take a leap into the unknown, as the Finnish company is planning to start its own mobile network in Japan that will offer handsets as well as monthly plans behind them.
Yomiuri Shimbun (a newspaper) says that Nokia is about to start a mobile virtual network operator (MVNO) service and will use an infrastructure leased from NTT DoCoMo in February next year.
But the report says that the MVNO is not going to compete with existing operators in Japan directly and it will leverage Nokia’s Vertu brand to target the extreme high end of the market.
This new venture will most probably be irrelevant to ordinary Japanese phone users, as the Vertu handsets will be available with the price tag of ¥5 million (£35,000) each. Click here to read more »
by admin at Thursday, January 24, 2008 in Technology
Tags: Emerging mobile Phone Markets, Nokia, Nokia Mobile Phones
Nokia, the top mobile phone manufacturer launched two all new mobile phones targeting the growing and newly emerging mobile devices markets this week. Nokia’s new models, the “Nokia-2600 classic” and the “Nokia-1209” have been priced below $100.
Shipping of the “Nokia-2600 Classic” mobile phone has already been started. It will cost $95 to the consumer. This model will be available in the markets within this first quarter of the year only. This model would facilitate the consumers with all the key features that are normally present in modern mobile phones but “at an affordable price”, says Nokia.
‘Nokia- 2600 classic’ has some interesting features to attract the customers. It comes with a colorful and changeable Xpress-on cover, MP3 ring tones, an FM radio, and a built-in digital camera with a Video Graphics Array display.
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