Results for "stephen elop nokia"

Nokia to cut 10,000 jobs, sells Vertu

Nokia to cut 10,000 jobs, sells Vertu

It looks like the downturn in business over at Nokia is finally starting to hit the company. The Finnish smartphone manufacturer has announced that it’s to cut around 10,000 jobs before the end of 2013. As part of the cuts, factories in Germany, Finland, and Canada will all be closed. The company says that it will be “sharpening its strategy” in an attempt to start making money once again.

Continue Reading

Nokia Lumia 900 gets hammer and nails stress tested

Nokia Lumia 900 gets hammer and nails stress tested

This week a couple of engineers from Tech Craver busted out a hammer, some nails, and their own Nokia Lumia 900 review unit to do some stress tests. While what you're about to see isn't technically as scientifically viable as we'd normally like to see in a hammer-to-smartphone test, we'll accept it - if only because they added what appears to be Stephen Elop calling them on the phone at the end of the video before the video stoppers up. This story has also been picked up by Nokia official Jason Harris of Conversations by Nokia - they're fairly impressed by the whole situation too, to be frank.

Continue Reading

Nokia Carl Zeiss partnership extended

Nokia Carl Zeiss partnership extended

If you want to have the most amazing camera on your smartphone, Nokia may be the place to turn. Unfortunately, for many people, that doesn't trump the user experience, app availability, and platform recognition that make Nokia the less than desirable choice for smartphones, but nevertheless, the Finnish mobile manufacturer has decided to extend its partnership with digital photography giant Carl Zeiss.

Continue Reading

Former Nokia exec trashes Elop and Windows Phone

Former Nokia exec trashes Elop and Windows Phone

Former Nokia exec Lee Williams has slammed Nokia CEO Stephen Elop and the choke hold of the Windows Phone in a recent interview when asked about his views on the struggling Finnish handset maker. From accusing Elop of a lack of long-term vision to calling the ditching of Symbian and adoption of Windows Phone bad ideas, Williams doesn't mince words.

Continue Reading

Stephen Elop is a Genius

Stephen Elop is a Genius

It's easy to hate on Nokia. The company's ruinous financial results have seen the Finnish firm's share price hit a fifteen year low; reviewers responded positively to the new Lumia Windows Phone range, but smartphone-savvy customers were still swayed by more established Android and iPhone options. And so it's easy to hate on CEO Stephen Elop, a cuckoo to some who inveigled his way into Nokia and then sold out the family silver - Symbian, MeeGo, the old guard of loyal execs - from under their nose. As the stock tumbles and the company contracts, though, make no mistake: Elop is no bumbling fool.

Continue Reading

Nokia lost China

Nokia lost China

Fans of big numbers should find plenty to excite them in Nokia's Q1 2012 financial results, but some of the most serious implications come when you factor in those stats the Finns didn't mention. The headline numbers of a $1.7bn loss and a halving of smartphone sales year-on-year dance around the biggest threat to the company's future: the market Apple, Google and many others see as their biggest source of potential growth in the decades to come, China, has ditched Nokia.

Continue Reading

Nokia sales chief resigns

Nokia sales chief resigns

Nokia's executive vice president of sales, Colin Giles, has resigned, coming hot on the heels of "greater than expected competitive challenges" leading to appalling Q1 2012 financial results. Giles departure is so that the Nokia Leadership Team member can "be closer to his family" and will prompt a restructuring of the company's sales organization. "Effective immediately, Nokia's four regional senior vice presidents and the lead of sales operations will report directly to Niklas Savander, executive vice president of markets" the company says, in the process "reducing a layer of sales management to ensure greater customer focus and providing senior leaders greater visibility into market dynamics."

Continue Reading

Nokia admits $1.7bn loss in Q1 2012

Nokia admits $1.7bn loss in Q1 2012

Nokia has announced its Q1 2012 financial results, with a huge €1.34bn ($1.7bn) operating loss despite sales of $7.4bn ($9.7bn) in sales. Smart devices sales more than halved year-on-year as Nokia's Symbian line lost traction, declining 38-percent from Q4 2011; meanwhile, mobile phones - the bread and butter of Nokia's bottom line - fell 32-percent year-on-year, and down 24-percent on the previous quarter. "We have faced greater than expected competitive challenges" CEO Stephen Elop admitted, adding that "actual sales results [of Lumia Windows Phones] have been mixed."

Continue Reading

Nokia has just six months to claw its way from collapse

Nokia has just six months to claw its way from collapse

Nokia has six months to redeem itself with Windows Phone, analysts warn, before it needs to find a "Plan B" other than Microsoft's platform. After dire financial warnings earlier this week, in which Nokia not only confirmed that Symbian device sales were ditching, but that Lumia Windows Phone sales were only a fifth of those Symbian volumes, the outlook for the company is grim. However, while many suggest Nokia isn't, in fact, to blame for the most significant shortcomings in its device strategy, that won't save it from failure if it doesn't turn things around.

Continue Reading

Prev 3 4 5 6 7 8 9 10 11 Next