Following last week's profits warning, Nokia has released its formal Q1 2012 Results, reporting a non-IFRS loss of EUR 260 million, on net sales of EUR 7.3 billion (down 29% YoY). Nokia's 'Devices and Services' division's loss was EUR 127 million, compared to a profit of EUR 292 million in Q4 2011). Total smartphone device sales were 11.9 million, compared with 24.2 million units in Q1 2011 (down 51% YoY) and 19.6 million units in Q4 2011 (down 39%, QoQ). Gross profit margins on smartphones in Q1 were 15.6% (down from 28.9% YoY). Quotes and comments below.
Nokia has announced planned changes at its factories in Komarom (Hungary), Reynosa (Mexico) and Salo (Finland), to "increase efficiency in smartphone production". These three factories will now focus on "smartphone product customization" and device assembly is expected to be transferred to Nokia factories in Asia, where the majority of component suppliers are based. Around 4000 employees will ultimately be lost.
Anecdotally, the Proporta chargers have been hugely popular amongst my Phones Show viewership and 'All About' readers generally - and there's a new monster version now available, clocking in at a stunning 7000mAh. The Turbocharger 7000 has two USB output ports as usual, along with a facelifted exterior, weighs only 175g, and comes with charging heads for all major phone and gadget ports and a carrying case. Watch this space for a full review.
Not Symbian-related directly, but I did note that Nokia has launched 'Nokia Maps Creator', aimed at letting people make small edits or additions to existing maps - and edits are available to all Nokia Maps users 'immediately'. Initially, this is only for 'previously unmapped' countries, but it's possible that moderated edits might come to other countries in time. Some links and quotes below.
Figures are now in from IDC for the world phone market in Quarter 3, 2011, showing the market flattening in the USA and Western Europe as saturation sets in. However, the proportion of smartphones in the overall mix continues to rise. Nokia is still king in terms of sheer numbers, selling over a hundred million phones in the quarter, although Samsung is catching up relatively quickly. IDC's stats table is quoted below, though we don't yet have a breakdown of smartphone-only sales.
Nokia Maps 3D is a desktop browser-based 3D mapping tech demo, with (currently) 23 major cities around the world mapped in glorious, true 3D, with data and textures gathered from satellites, planes and cars, using conventional cameras and laser rangefinders. Anyway, Nokia just released a rather cute 'making of' video, demonstrating in public-friendly form, roughly how it all gets put together. It's embedded below - comments welcome. Oh, and apparently you'll soon not even have to install a plug-in into your browser...
Nokia Conversations, the public-facing site where stories from inside Nokia are brought to the wider world, has been given a rather impressive overhaul. Far more than just a cosmetic facelift, there's a 'notifications bar' (on the left) with dynamic links to breaking content and language controls, there's an emphasis on the 'big story of the day', the ability to contact individual story authors and a general de-cluttering of the interface.
NAVTEQ, the Nokia-owned company behind Ovi Maps, have announced a new product called “Destination Maps”, which aims to provide the data that would enable guidance services inside public buildings. Initially, the data will cover more than 200 shopping malls in the U.S. One of the possible indoor location technologies that could use this data was previewed at Nokia World 2010, where I interviewed one of the development team about this technology. Read on for more information on its background and implementation.
There's an interesting editorial over at The Telegraph, quoted below, in which the author questions, as I have done several times, the prevailing wisdom over whether the current craze for 'apps' (for accessing information and services) is a good thing. The editorial starts and ends in the pub, which is a good start to some decent left-field thinking. Why use 'apps' when we have the Web itself? Surely what we need is a better and more intelligent Web?
At its Strategy and Financial Briefing event today in London, Nokia has outlined its "new strategic direction, including changes in leadership and operational structure to accelerate the company's speed of execution in a dynamic competitive environment". Some more quotes below, but in short this means a reorganisation into "Smart Devices" and "Mobile Phones", and adding a new OS platform to its portfolio, with Windows Phone becoming Nokia's "primary smartphone platform" and Symbian becoming "a franchise platform, leveraging previous investments to harvest additional value". More below, and more through the day, of course. Rafe's on the ground, see the other Coveritlive news item.
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