Nokia, whose Devices & Services business is expected to become part of Microsoft soon, reported a big slide in its its fiscal fourth quarter results today. Probably most worrisome to Microsoft, Nokia’s Devices & Services division, which Nokia labeled as “discontinued operations” in its earnings report, saw a sales slide of 29 percent, going from…More
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Nokia, whose phone business is being acquired by Microsoft, is reporting some good news about its Lumia line of Windows Phones. The Finnish phone-maker reports that its third-quarter shipments of Lumia phones has increased 19 percent quarter-on-quarter to 8.8 million units. Year-over-year, Lumia volume rose 203 percent, up from 2.9 million units shipped in the third quarter…More
Microsoft is buying Nokia’s handset business as part of a $7.2 billion deal, the two companies announced today. Microsoft is paying about $5 billion (EUR 3.79 billion) for Nokia’s Devices & Services Business. In addition, it is paying about $2.18 billion (EUR 1.65 billion) to license Nokia’s patents and to license and use Nokia’s mapping services. The…More
Nokia sold a record 7.4 million Nokia Lumia Windows Phones in its fiscal second quarter, an increase of 32 percent from the first quarter, the Finnish phone manufacturer announced in its earnings report today “We are very proud of the recent creations by our Lumia team, from the Lumia 520 – our most affordable Windows Phone…More
Nokia announced today that its latest flagship Windows Phone, the Lumia 1020, will be available in the U.S. on July 26 with AT&T for $299.99 with a two-year contract. Nokia is really touting the camera on the 1020, which has a 41 megapixel sensor, optical image stabilization, enhanced zoom capability, and a new “dual capture” feature…More
The Huawei W1 is joining the Nokia Lumia 521 in Wal-Mart’s line of presumably lower priced, no-contract Windows Phone devices. The Huawei W1, known overseas as the Ascend W1 and which has been described as an entry-level phone, is expected to be available at Wal-Mart later this month. While neither Huawei nor Wal-Mart disclosed…More
Nokia reported its first quarter results today, saying that sales of its Lumia Windows Phone increased 27 percent from the previous quarter to 5.6 million units. That reflects “increasing momentum,” according to Nokia’s news release on the earnings. Nokia CEO — and former Microsoft executive — Stephen Elop had made the decision in 2011 to…More