Results for "stephen elop nokia"

Nokia WP8 phones will ramp up differentiation but trim down carriers

Nokia WP8 phones will ramp up differentiation but trim down carriers

Nokia's next-gen Lumia handsets could see a significant departure from the design, functionality and approach of current models, CEO Stephen Elop has teased, with the company preparing strong differentiators for WP8. "As you see the next wave and the wave after that of Lumia products you'll seen an increase in differentiations" Elop said during the Nokia Q2 2012 financial results call today. However, don't expect to see every new Nokia available through every carrier out there.

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Nokia: We’re committed to new materials, new tech, and supporting existing owners

Nokia: We’re committed to new materials, new tech, and supporting existing owners

Nokia will invest in new materials and new technologies for upcoming Windows Phones, targeting higher-priced handsets as well as more affordable models to broaden Lumia's appeal. "It takes a tremendous amount of work to break through as the third ecosystem" CEO Stephen Elop said on Nokia's financial results call today, after announcing a $1bn operating loss for Q2 2012, but was confident that Microsoft's announcement of Windows Phone 8 - and limited upgrade potential for existing Lumia devices - would not necessarily ruin Nokia's Q3.

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Nokia’s Elop: “Our aim is to become the ‘Where’ company”

Nokia’s Elop: “Our aim is to become the ‘Where’ company”

Nokia is hoping to follow Google and Facebook in cornering the market in speciality services, with CEO Stephen Elop revealing that the company's "aim is to become the 'Where?" company." Just as Google became the go-to place for "What?" and Facebook for "Who?", Nokia will look to use the growing importance of the smartphone as a hub for location-based services.

Nokia has contingency plan should Windows Phone fail says chairman

Nokia has contingency plan should Windows Phone fail says chairman

Nokia has a contingency plan should Windows Phone 8 fail to deliver, new chairman Risto Siilasmaa has confirmed, though the company will chase further "tough cuts" until it can become competitive again. Siilasmaa made the blunt promise in his first public appearance as Nokia chairman, telling Yle Uutiset that he had full confidence both in CEO Stephen Elop and in Microsoft's smartphone platform.

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Nokia Meltemi survivors suggest axed OS was nearly ready

Nokia Meltemi survivors suggest axed OS was nearly ready

A new LinkedIn group founded by a small club of former Nokia Meltemi developers has suggested the platform was "coming together" and "had made it over the big hurdles" when CEO Stephen Elop axed it. The "MPD Alumni" group - previously known more blatantly as the Meltemi Product Developer Alumni - currently has just over 300 members, though there's no indication of how many actually worked on the Meltemi project itself. Tipped to be Nokia's intended replacement to S40 on entry-level devices, Meltemi is believed to be among the casualties in the Finns' latest round of budget cuts.

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Analysts see grim outlook for Nokia this year

Analysts see grim outlook for Nokia this year

As Nokia continues to struggle in the smartphone market and its tie up with Microsoft has yet to pay off, analysts are looking at a very tough year for Nokia. Analysts have cut pricing targets for the struggling phone maker's stock after Nokia forecasted a larger than expected loss for its current quarter. The current profit warning from the phone maker stems from the fact that Nokia is having to deeply discount its new Lumia smartphones to get carriers to purchase.

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Meltemi misses its moment as Nokia reportedly axes OS

Meltemi misses its moment as Nokia reportedly axes OS

Nokia's clandestine Meltemi project developing the company's next-gen low cost smartphone OS is among the R&D projects shelved, insiders have confirmed, though the Finnish firm itself still refuses to comment. CEO Stephen Elop declined to mention Meltemi by name when questioned about the platform in a Q&A call earlier today, but AllThingsD's sources say it has indeed been axed. However, Nokia's experimentation with Windows 8 tablets is still going ahead despite the cuts, it's suggested.

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Nokia: Cheaper Windows Phones will take on Android “aggressively”

Nokia: Cheaper Windows Phones will take on Android “aggressively”

Nokia will push for even cheaper Windows Phone handsets than the current entry-level Lumia 610, CEO Stephen Elop has confirmed today, so as to "compete with Android aggressively." Speaking on the company's impromptu Q&A call today, following news earlier today that Nokia would cut 10,000 jobs, Elop said that reducing the cost of entry to Windows Phone was a primary goal for the near future.

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Nokia: R&D first to face job cull

Nokia: R&D first to face job cull

Nokia's first cuts will see the company's research & development team targeted, the company's CFO has confirmed, with sales and marketing next in line as around 10,000 jobs are trimmed. Speaking on Nokia Q&A call this morning, Chief Financial Officer Timo Ihamuotila outlined the company's plans to shed staff and save money amid the difficult transition from Symbian to Windows Phone. However, job losses aren't the only way Nokia is considering saving cash.

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