Feeds

back to article Nokia emerges smothered in red ink, manages to flog cheapo Windows Phones

Nokia bagged record sales of Windows Phones sales in the third quarter of 2013, thanks largely to its low-end models: 8.8m Lumia handsets were shifted, up from 7.7m in Q2. The mobile-phone division, for which Nokia has accepted a bid of €5.44bn in cash from Microsoft (pending approval at a shareholders' meeting), recorded …

COMMENTS

This topic is closed for new posts.

Love my 920!

11
15
Anonymous Coward

Good for you !

And the other nokia user who didn't return their phone.

18
11
Anonymous Coward

Wow you really are relentlessly positive in every post about everything Microsoft do aren't you?

12
2
Bronze badge

Smothered in red ink?! Nokia made a profit for the first time in years and their cash position is pretty healthy too - even without the proposed Microsoft deal.....

2
6
Silver badge

Oh dear

To put that into perspective, Apple's "flop" iPhone 5C phone, which borrows its design aesthetic from Nokia's distinctive Lumias…

Andrew, you're better than this. It's not my taste but the 5c is very much in the mould of the I-Pods which have been in garish colours for a decade.

14
3
Silver badge

Have you seen one?

Has anyone seen a 5c in the wild? Here in Germany I have yet to see a single one outside of a shop display.

1
0
Anonymous Coward

For all those that slam Apple

Don't you think Ballmer would sell his soul ( if he had one) for WP selling anything close to what Apple sold on day one of IPhone's release.

7
2

Re: For all those that slam Apple

Ballmer would not sell his soul, he'd rent it.

17
0

Re: For all those that slam Apple

When apple can make things like Pureview, then I'll stop slamming them. Tricky to innovate with just a glue gun these days...

5
6

Re: For all those that slam Apple

....or license it for single user only.

5
0
Bronze badge
FAIL

"Ballmer would not sell his soul, he'd rent it."

FAIL!!!

He'd licence it.

7
1

Re: For all those that slam Apple

The only soul-selling going on is by Nokia, sold to the lowest (only!) bidder and facilitated by an MS minion.

0
0
Bronze badge

Another failed sinking ship

5
8
Anonymous Coward

I hope they fail to sink.

5
1
Silver badge
Devil

Just hope-

they don't fail to Surface (RT).

2
0

Content Remains King

I generally like the Windows UI, but wish they would add proper notifications in addition to their live tiles. Their recent releases get them caught up on the technology front- support larger screens, multiple cores, etc.

But they continue to drag in Apps. The have some of the big names, but then they fall down quickly. Even now, they still don't have a proper youtube app and they label browser pages as apps. Yes, you can use your browser, but the point of the app is that it makes the major functions much easier to use rather than zooming in and out on a browser.

You'd think with all the money they have and all they've spent, they could spend just a bit more to bribe major developers to write proper apps.

1
0
Silver badge

Out of pure curiosity...

The article lists the revenue for several of Nokia's divisions. Shouldn't it include also costs/expenses data? Knowing one without knowing the other seems a little bit pointless, IMHO.

4
0
Silver badge
Pint

Re: Out of pure curiosity...

Perhaps one should also point out that Microsoft did not by Nokia, they bought the cell phone division.

And from TheInquirer:

"Beyond sales figures, Nokia reported a profit of €118m on €5.66bn revenue, compared to the €564m loss the firm posted in the third quarter last year. Nokia's Devices and Services division, which Microsoft picked up earlier this year, posted a $118m loss, as expected."

6
0

Re: Out of pure curiosity...

"Nokia's Devices and Services division, which Microsoft picked up earlier this year, posted a $118m loss, as expected."

And that's including the $250M per quarter payment from Microsoft. Otherwise it would have been a $368M loss.

6
0

Re: Out of pure curiosity...

That quarterly payment is ~equal to the WP license fees Nokia pays Microsoft, so the net effect isn't a wad in Nokia's pocket.

1
1
Anonymous Coward

Re: Out of pure curiosity...

"That quarterly payment is ~equal to the WP license fees Nokia pays Microsoft"

Our agreement with Microsoft includes platform support payments from Microsoft to us as well as software royalty payments from us to Microsoft. Under the terms of the agreement governing the platform support payments, the amount of each quarterly platform support payment is USD 250 million. We have a competitive software royalty structure, which includes annual minimum software royalty commitments that vary over the life of the agreement. Software royalty payments, with minimum commitments are paid quarterly. Over the life of the agreement, both the platform support payments and the minimum software royalty commitments are expected to measure in the billions of US dollars. Over the life of the agreement the total amount of the platform support payments is expected to slightly exceed the total amount of the minimum software royalty commitment payments. As of the end of 2012, the amount of platform support payments received by Nokia has exceeded the amount of minimum software royalty commitment payments made to Microsoft, thus the net cash flows have been in our favour.

As a result, the remaining minimum software royalty commitment payments are expected to exceed the remaining platform support payments by a total of approximately EUR 0.5 billion over the remaining life of the agreement.

i.e. Nokia now pays Microsoft...

0
0
Bronze badge

WP Sort of makes sense as a feature phone replacement

Users of feature phones typically won't use many (or even any) apps, beyond some of what is built in.

So therefore they have no tie (other than experience of how operate the thing) to any platform.

So lack of Apps and lack of compatibility between versions of WP and lack of certainty of support, which would be show stoppers to most smartphone users, are not an issue.

If the price is right, then the only real thing is battery life.

6
0
This topic is closed for new posts.