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Nokia reveal Q2 2012 earnings, $1 billion operating loss, 4 million Lumia sales worldwide

July 19, 2012 by Anthony Domanico - 1 Comment

Nokia have just reported their Q2 2012 earnings this morning, and the results paint a mixed picture for the troubled handset maker. Nokia posted an overall net operating loss of roughly $1 billion, though the company actually gained about $125 million in cash in the quarter thanks to large licensing royalties and cash infusions from…

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Video: Nokia Transport out of beta, only works on Lumia Windows Phones

July 16, 2012 by Stefan Constantinescu - 3 Comments

Nokia has just announced that Nokia Transport, think turn by turn navigation for those who rely on public transportation, is now out of beta. The video below demos how the app works, and it looks amazing, but, and this is a big but, it only works on Nokia’s Windows Phones. According to data from Nielsen,…

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Even Finnish investment firms have given up on Nokia

July 16, 2012 by Stefan Constantinescu - Leave a Comment

Most people put their money into savings accounts that have terrible interest rates because that’s the safe and boring thing to do. Others are a little bit more adventurous and play the stock market. There’s a third category that exists, people who invest in funds. Funds are basically a fancy way of saying a portfolio…

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The Nokia Lumia 900 on AT&T is now half off, just $49 with a 2 year contract

July 16, 2012 by Stefan Constantinescu - 2 Comments

Nokia’s 4.3 inch 4G LTE enabled Windows Phone for the American market, dubbed the Lumia 900, launched on AT&T on April 8th for $99 with a two year contract. Here we are, two months and one week later, and the price has now been halved to just $49. This isn’t a sale price, this is…

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Nokia launches new Twitter app for its feature phone users

July 15, 2012 by Dusan Belic - Leave a Comment

Nokia launches new Twitter app for its feature phone users

There’s a new Twitter app for Nokia Series 40 feature phones waiting in the Nokia Store and it looks pretty cool. The “cool” part comes from the fact that you’ll think it’s a smartphone app, allowing you to access key Twitter functions like posting your own Tweets and following others’ Tweets. Moreover, there’s also the…

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Anssi Vanjoki on JollaMobile: “It’s nice that the boys are giving it a shot.”

July 13, 2012 by Stefan Constantinescu - 3 Comments

Anssi Vanjoki, or Dr. Evil as I like to call him because his square jaw and crisp suits make him look like a James Bond villan, was supposed to be the next CEO of Nokia. After he found out that Stephen Elop was going to replace Olli-Pekka Kallasvuo, Vanjoki immediately resigned. For those who don’t…

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WSJ: Nokia to close half their sales offices in China

July 12, 2012 by Stefan Constantinescu - 3 Comments

According to a report in The Wall Street Journal, Nokia is going to close two of their four sales offices in China. To be more specific, the offices in Chengdu and Shanghai will be shut down and people will get laid off. Nokia isn’t saying how many people will lose their jobs, or when the…

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Rumor: Nokia is “sitting somewhat idly” waiting for Windows Phone 8

July 12, 2012 by Stefan Constantinescu - 6 Comments

There’s a term in the consumer electronics industry called the “Osborne effect“. Without getting into the whole story, once upon a time there was a company that launched a product. People loved said product. The company said the next version would be even better, so people decided to just wait. Sales dried up to such…

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Nielsen: Nokia’s Windows Phones capture just 0.3% market share in the USA

July 12, 2012 by Stefan Constantinescu - 4 Comments

Ask Nokia how the Lumia 900 is doing in the United States and they’ll tell you that it’s been getting great reviews on Amazon. Ask them to give you some sales numbers, and they’ll just dodge the question and point you to a consumer survey that says Lumia owners are very satisfied with their purchase.…

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Genius Brands International, Nokia team-up to bring Baby Genius apps to Lumia smartphones

July 12, 2012 by Dusan Belic - Leave a Comment

Genius Brands International, Nokia team-up to bring Baby Genius apps to Lumia smartphones

Genius Brands International is teaming-up with Nokia to launch mobile apps for Lumia Windows Phone devices. Under the deal, a number of Baby Genius Ready, Play, Learn educational apps will be unveiled in the future, starting with Rexi the Dinosaur and Bubbles the Bear, which will hit the Marketplace later this summer. The applications will…

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