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Posts Tagged ‘earnings’

The N9: It's not a Windows Phone.
Nokia Phone NewsJune 22, 2011

Nokia N9 Announced: Packs MeeGo, 8 Megapixel Camera, and Swiping

It’s been a long time since I’ve posted anything really worthwhile on this blog. Then again, it’s been a long time since there’s been any worthwhile Nokia news. And so, after a four-month hiatus, it’s time again to look at one of Nokia’s latest phones: the oft-rumored N9.

It could happen.
Nokia Randomness1/29/2011

Nokia’s Q4 2010 Earnings: A Faint Glimmer of Hope

So, yesterday Nokia announced its first-quarter earnings. The numbers kinda sucked, to put it bluntly, but they beat the estimates. Still, there might be some light at the end of the tunnel, and no, we’re not talking about MeeGo.

Wireless Industry News4/27/2010

Looking at Nokia’s Q1 2010 Earnings Report [Bad News]

Nokia reported earnings for the first quarter of 2010 on Thursday, and wow: it’s pretty cringe-worthy.

Wireless Industry News10/17/2009

Nokia Q3 Earnings Report: Mixed Signals

Nokia released their quarterly earnings report two days ago, and at first glance the numbers were horrendous. Nokia managed to lose 426 million Euros, net sales were down 20% (year over year, or the change from last year), Devices & Services sales were down 20% while profit margin fell 3.1%, average selling price (ASP) dropped [...]

Wireless Industry News4/22/2009

LG Mobile Phone Division Reports 255 Billion Won Profit in Q1

And while that sounds like a lot, 255 billion South Korean won actually equates to about 181 million dollars USD. Gotcha! Still, parent company LG Electronics managed to post some decent numbers for the first quarter, with an overall profit of $324 million US dollars.

Wireless Industry News4/18/2009

Sony Ericsson Reports $466 Million Dollar Loss

Sony Ericsson sent out a press release earlier today that included a section called “Q1 Highlights”. There were only three bullet points. And the first was “Income before taxes was a loss of Euro 358 million (excl. restructuring charges)”…but we must remember, it could have been worse.

Wireless Industry News4/16/2009

Nokia Reports Better-Than-Expected 90% Drop in Profit

In this day and age it doesn’t seem like it takes too much to beat the numbers that Wall Street analysts put up. Case in point: Nokia just announced that profits went from 1.2 billion euros last year (1.58 billion USD) to a meager 122 million euros (160 million USD) today. That’s a 90% slide. [...]

Wireless Industry News3/26/2009

Earnings: Sony Ericsson Doesn’t Impress With Profit Warning (Q1 2009)

Sony Ericsson has been on a losing streak. Seriously. Two quarters ago (Q3 2008), the conglomerate/duo announced that it lost 25 million euros (~$34 million USD). Last quarter (Q4 2008), the company lost 187 million euros. And now, SE is about to land it’s biggest loss in a long time: 340 million euros. And that’s [...]

Wireless Industry News1/23/2009

Nokia’s Q4 2008 Earnings Report: Dismal

Just when it seemed like the wireless industry was positioned to get back on track, out came Nokia with another issue of its Bad Earnings Report. Among the worst was the company’s profit, which sank 69% from last year. Major ouch.

Wireless Industry News1/17/2009

Sony Ericsson’s Q4 2008 Earnings Report

So Sony Ericsson kicked off the phone makers’ quarterly earnings reports for the end of 2008, and it sure wasn’t good: the tag team effort between Sony and Ericsson AB produced a 187 million euro loss in Q4, on 2.9 billion euro revenue.

Wireless Industry News12/5/2008

Nokia Expects Phone Sales to Fall 5 Percent in 2009

On November 14, Nokia reported that estimates for both the fourth-quarter of 2008 and the whole of 2009 would be lower than expected, and got burned. Today, Nokia added more fuel to the flames with its latest announcement that industry sales for 2009 would drop by a least 5 percent, and fourth-quarter sales would be [...]

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