Mobile Phone

The Smartphone 70%

The Smartphone 70%

It’s quarterly earnings season, and while I don’t care much about differences in valuation multiples or whether a company beat EPS consensus by two cents a share – I’m a market analyst, not a financial analyst – quarterly earnings are a great place to find data indicating how the market is changing. Sometimes the best information is buried in the balance sheet and requires a bit of detective work and familiarity with how the company accounts for its products, divisions, tax strategy, and currency fluctuations. And sometimes you get lucky and the press release is all you need.

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Apple and Samsung take top smartphone sales spots; Nokia falls to 3rd

Apple and Samsung take top smartphone sales spots; Nokia falls to 3rd

Apple and Samsung have pushed Nokia into the number three position for worldwide smartphone sales, analysts have claimed, with strong Q2 2011 performance leaving Symbian devices significantly overshadowed. Apple is now the number one smartphone manufacturer, Strategy Analytics' figures suggest, with 18.5-percent of the market, while Samsung comes in at second place, with 17.5-percent. In contrast, Nokia has 15.2-percent in the last quarter, less than half the 38.1-percent in the same period twelve months ago.

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Vodafone 555 Blue takes Facebook mobile (with some cut corners)

Vodafone 555 Blue takes Facebook mobile (with some cut corners)

Vodafone has outed its new "Facebook phone", the Vodafone 555 Blue, a QWERTY featurephone that promises to be a low-cost way to access the popular social network while on the move. A QWERTY candybar, the 555 Blue has a 2.4-inch non-touch display and a dedicated Facebook button that can be preset to either sharing photos, links or something else. Best of all is the price, which Vodafone says should be under €100 (£88/$145) on a prepaid tariff.

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Verizon Q2 2011: 2.2m new customers but iPhone 4 sales slow

Verizon Q2 2011: 2.2m new customers but iPhone 4 sales slow

Verizon has announced its Q2 2011 financial results, adding twice as many subscribers as AT&T managed and activating 2.3m iPhone 4 handsets. The carrier saw its consolidated revenue hit $27.5bn, up 6.3-percent compared to the same period a year ago, while wireless data revenues rose 22.2-percent and ARPU (the monthly average revenue per user) climbed 3.2-percent to $54.12. However, iPhone 4 sales slowed over the quarter in comparison to Q1 2011.

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Nokia’s Crutch is Broken

Nokia’s Crutch is Broken

Nokia's Q2 2011 financial results makes for just as uncomfortable reading as we expected. If there was ever any doubts that Symbian had seen its day, April thru June put pay to them. Nokia's entire smartphone range - the N8, C7 and E7 included - sold fewer devices than Apple sold iPhones in the same period: 16.7-million versus 20-million. It's not just the smartphone side of Nokia's business, though, that needs CPR.

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Nokia Q2 financials “clearly disappointing” says CEO Elop: €487m loss

Nokia Q2 financials “clearly disappointing” says CEO Elop: €487m loss

Nokia has announced its Q2 2011 financial results, with an operating loss of €487m ($692m) and net sales of €9,275m, down 7-percent from Q2 2010 and 11-percent from Q1 this year. "The challenges we are facing during our strategic transformation manifested in a greater than expected way in Q2 2011" CEO Stephen Elop said, with the half-billion euro loss in operating profit a significant fall from the €439m profit made in the previous three month period.

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Samsung warns of Q2 profit slump as LCD business dives

Samsung warns of Q2 profit slump as LCD business dives

Samsung has warned investors to expect a dive in Q2 2011 performance, with the revelation that - despite strong sales of smartphones, like the 3m-selling Galaxy S II - a slump in the LCD business would see profits drop year-on-year by as much as 1.51 trillion won ($1.42bn). The company has promised to reveal full details on July 29 when it releases a full earnings report, but analysts are already pointing to the similarities between the dire Q1 2011 performance and this latest quarter.

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Nokia’s $200m R&D ransom spawned a decade of paranoia

Nokia’s $200m R&D ransom spawned a decade of paranoia

A mass exodus of Nokia R&D engineers in 1997 led to the company paying $200m in what amounted to retainer bribes, newly released documents in Finland confirm today, with the company held to ransom by a surprise staff walkout. The paperwork reveals that product developer Jyrki Hallikainen persuaded 44 of his R&D peers to ditch Nokia and set up a new company with the help of Philips, Helsingen Sanomat reports, forcing then mobile phone chief Pekka Ala-Pietilä to open the company checkbook and sign off roughly $4.5m apiece in order to convince them not to leave.

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