Nokia Announces Q4 Profit, Sold 15.9 Million Smartphones

[zakislam]

Dividend won't be payed in 2013 to save costs.

Nokia Announces Q4 Profit, Sold 15.9 Million Smartphones : Read more

 

[ipwn3r456]

Nokia could of earn even more money if they adapted Android...

 

[tomfreak]

Other than the lack of App in windows phone 8, I personally thinking the Wp8 are great by itself.

 

[Marcus52]

Not so sure Android would have been a good move - going up against Samsung and everyone else in that market don't seem to be all that good a strategy over the long haul, to me. It of course depends on Microsoft keeping their solid commitment to the industry - but I think they've shown that the company (Microsoft) is finally serious about being a player in the smart phone business.

Good to hear about someone doing better, whatever the case.

 

[vaughn2k]

I still have the Nokia 909, was released 1995...
http://nokiamuseum.info/nokia-909/nokia-909/

 

[SAL-e]

Right. And how many people got fired of (or left) Nokia during 2012? It's good for Elop that balance sheet doesn't show the lost engineering talent at Nokia. Unless they start re-hiring those people back soon this uptake would be short lived.

 

[bluekoala]

[citation][nom]Marcus52[/nom]Not so sure Android would have been a good move - going up against Samsung and everyone else in that market don't seem to be all that good a strategy over the long haul, to me. It of course depends on Microsoft keeping their solid commitment to the industry - but I think they've shown that the company (Microsoft) is finally serious about being a player in the smart phone business.Good to hear about someone doing better, whatever the case.[/citation]

Nokia is up against Samsung android or not. They committed to Microsoft and it has not paid off. Many Android users would be quite delighted to have Nokia offer phones with Android. Nokia sells phones, not OS'es. It's not in their advantage to block themselves out of an entire league just for the sake of leveraging what's left of their relevancy to increase Microsoft's market share in the mobile market.

 

[CaedenV]

Good job Nokia! Going from high sales volume with a loss, to a lower sales volume with profit is always a good sign!

I picked up Lumia 920s for my wife and I, and we absolutely love these phones! I work for a small nonprofit and it was wonderful that all I had to do was enter in my domain, user, and password and then had access to all of my email, contacts, calendars, and lists, very easy setup! The family room feature lets my wife and I have an easy to manage central calendar, chat, and file sharing area. And Kids Corner, while needing some improvements, works great at keeping my kiddo out of my work stuff. The Nokia apps are quite useful, and need to be sold on other devices and platforms. And while the camera is no 808 pure view, it is still the best mainstream smartphone camera on the market, and does a killer job with video and at eating motion/hand jitters.

Not entirely without complaints. It needs an SD card next time, not having one has not been as crippling as I feared... but it definitely makes me think about what files/music I want to keep on my phone when it could be so simple to just provide a ton of storage, or allow an SD card. Also, while battery life in general is excellent, things like Skype and GPS will drain a full charge in 2-3 hours. I understand those are not simple tasks, but something needs to be done to help that burden.

Anywho, it is a great phone, and I would easily suggest it to anyone needing a smartphone, and would highly suggest it for any kind of work/management workloads.

 

[ashesofempires04]

[citation][nom]bluekoala[/nom]Nokia is up against Samsung android or not. They committed to Microsoft and it has not paid off. Many Android users would be quite delighted to have Nokia offer phones with Android. Nokia sells phones, not OS'es. It's not in their advantage to block themselves out of an entire league just for the sake of leveraging what's left of their relevancy to increase Microsoft's market share in the mobile market.[/citation]

It has paid off, else they would not have returned to profitability. Ignoring the Android OS means that they don't have to spend extra time engineering a handset to work with multiple operating systems, deciding which version of Android to put on which phone, working with a multitude of carriers on whether or not a phone will get an update, and so on. It may cost them sales, but I bet they save more money by not expending resources than they would make by throwing their hat into a market over-saturated with Android hardware.

 

[mariusmotea]

[citation][nom]Marcus52[/nom]Not so sure Android would have been a good move - going up against Samsung and everyone else in that market don't seem to be all that good a strategy over the long haul, to me. It of course depends on Microsoft keeping their solid commitment to the industry - but I think they've shown that the company (Microsoft) is finally serious about being a player in the smart phone business.Good to hear about someone doing better, whatever the case.[/citation]
Few ages ago Samsung (and other) was far behind Nokia, and this was no reason for Nokia to run away from the beatle. Now they are compete even on windows phone.

 

[martel80]

Profit does not equal operating profit. Selling one's own headquarters can't be repeated forever.

 

[CaedenV]

[citation][nom]martel80[/nom]Profit does not equal operating profit. Selling one's own headquarters can't be repeated forever.[/citation]
I heard they were selling it, but did not hear if it sold yet. But you are right, they have trimmed down a ton of fat from the company, and some of those asset sales will not be repeatable.