Nokia are not on the brink of self destruction, although they are adjusting their businesses model within the market.
They are making considerable profit within new and existing revenue streams and are on the cutting edge of mobile technology.
Anyone that says otherwise does not know what they're talking about.
BBC News said:Mobile phone company Nokia has reported a net loss of 929m euros ($1.2bn; £761m) in the first three months of 2012, following a profit warning earlier this month.
8910i and 8800 were gorgeous, 6230 was the model of it's time (£329.99 sim free when it came out in 2004!!).
Slowly though, repackaging stuff was going to get a bit old hat.
Going with Windows was a huge downfall, they've always had a poor OS imo! SPVs sucked balls.
Nokia are not on the brink of self destruction, although they are adjusting their businesses model within the market.
They are making considerable profit within new and existing revenue streams and are on the cutting edge of mobile technology.
Anyone that says otherwise does not know what they're talking about.
Its form over function, unusually for a windows product.
You've been banned for trolling and you've just come back. I suggest you take the hint.
Eh? Why is this trolling? I'm responding to the subject in the thread?
For your information Nokia are on the cutting edge of mobile technology. They are highly established consultant and hardware supplier for all of the main mobile carriers with their Nokia-Siemens (NSN) partnership.
They are developing the latest 3GPP solutions. Carriers are adopting NSN LTE hardware and new mobile solutions such as Femto Cell Technology, Evolved Packet Core Technology (EPC), Transparent Services, Multiservice Ethernet Backhaul Networks, Microwave Backhaul, Optical and Core IP Transport.
They are also on the cutting edge of 2G switching and are supporting the rollout of the latest HSPA technologies. They are bringing this to market with mobile carriers around the world.
As I'd stated they are changing their business model as they've not kept up in the devices market, but they are gaining substantial business within the core mobile technology space. My guess is that this will likely evolve into the development of new LTE enabled devices that they will leverage through their global partnerships with the Nokia-Siemens brand.
But they are still making a massive loss, massive losses can not be sustained
I wouldn't diagree with that. They're still worth about 15 billion, mainly for the reasons I'd explained. They are likely to be going through a massive restructure and will probably write off alot of the resources being used for devices (this is where the loses are) and focus on core technology partnerships.
The big renevue streams and strategy for them will be with carriers as they uplift their core networks to support LTE, Femto Cells, PICO Cells and next generation mobile infrastructure.
For the last time, nobody is talking about NSN because this thread is not about NSN.
Nokia as a whole is simply not worth 15 Billion I think 10-11 Billion Dollars at best, but with quarterly losses of about a billion that makes the company insolvent in just over 2 years, they have to restructure on a major scale or disappear
Eh? The disucssion here is whether Nokia Group are going to self destruct. Nokia-Siemens is a massive Nokia partnership/strategy to generate new revenue streams and ultimately prevent this from happening.
Since you've made this statement can you please elaborate as to why this important part of the topic cannot be included in the thread? Is it because you don't have a contribution to make in this respect and therefore deem it not valid?
C'mon that's not really how the forum should be moderated as this factor is a valid part of the discussion of the "self destruction" of this organisation.
You said.They are making considerable profit
Congratulations! You've done some Googling around and have now figured out exactly who NSN are and that they do form a valid part of this discussion (given that Nokia are a parent company)
The "revenue" that I'm referring is being generated from professional services supplied to operators like MBNL (you may want to Google that acronym as it happens to be quite important in the mobile world). This example is driving some of the biggest infrastructure upgrades ever seen in the UK mobile networks.
You are wrong about competition (did you get that from Wikipedia). The biggest threat to Nokia is not Alcatel Lucent and Ericsson, it's from from Asia! ZTE and Huawei are threating. In case you're not aware of who "everyone" is I mean Nokia, Juniper, Cisco, Tellabs, Alcatel, Ericsson...
The fact remains that Nokia still have massive revenue streams and are losing money because of their legacy business model (recent acquisitions have probably not helped with recent figures). Based on what I know within my profession and the decisions I make I am pretty confident Nokia/NSN will ride this storm and will most likely come out a different beast (if the device strategy fails).
You're statement about upgrades to European LTE networks lacking any long term opportunity made me laugh! LTE by design is a true mobile internet. A complete end to end IP solution. To say that the internet and the core technologies that underpin it are not constantly scaling and requiring upgrades, support and strategy is utter rubbish. Only a person who does not understand this technology would make such a rediculous statement. Core, Backhaul, Subscriber Services, OSS tools, support, development and testing. All of this has to be supplied by the consultant and vendor i.e NSN!
So I will continue to stand by my original statement that Nokia/NSN are not heading for "self destruction".
And what the hell are you smoking fella? These rating agencies you quote who were the architects of the global financial meltdown! Go and ask Moody's if they've ever heard of credit default swaps or Lehman Brothers?
You Muppet.
I've always known who they are.
You are obviously having a tough time accepting the true situation that both Nokia and NSN are in.
Neither are making money and unless NSN is split from its parent I can't see how you expect it to become a major player, when the competition you and I mentioned will just undercut them and price them out of existence.
Only time will tell. But I'm confident I'm right.
lumias are pretty decent, just need a bit more time to "mature" and get plenty developers onboard for apps etc.
Its a shame Symbian is being killed off, as it may be nothing fancy but the latest versions have been brilliant, stable, app support is good, i usually change every 6 months but had my current N8 for 18 months and got the new 808 pure view on pre order
You are obviously having a tough time accepting the facts that I'm presenting to you.
Nokia are not going to self destruct.
Nokia are worth $16 billion and last year NSN were the second largest mobile infrastructure provider in the world. This foot print doesn't just disappear over night. The financial problems are internal to their business structure and their need to align their aquisitions and create a new and more efficient operating model.
For your information I am an independent Mobile Network Architect and have spent 15 years working in the mobile technology industry. I work in one of the worlds most advanced mobile labs and I design proof of concept solutions based on equipment and vendor validation. I test and validate hardware and my team builds end to end solutions using all of the key vendors (ZTE, Huawei, NSN, Ericsson, Juniper, Alcatel Lucent, Cisco, Tellabs).
I base my view on this experience and my connections within the industry.
The statement you make about "pricing out of existence" is a load of rubbish and once again proves your words are the words of someone that does not know what they are talking about. Technology RFP's (you may want to Google that one) are based on technical merit and not just price. Why do you think most data centres are built using mature but expensive Cisco hardware and not cheap alternatives?
NSN are a massive part of the future strategy of many carriers and NSN own the 2G market. Carriers would not be investing in NSN products if they were concerned that Nokia were going to go bankrupt (this is part of the RFP process).
The general view in the industry is that times are not great but they will recover. The problems are not based around a lack of customer revenue, but the need for Nokia to restructure their business model.
Based on my profession and my sources I'm pretty confident you are wrong and I am right.
And tyres.
If he thinks NSN will save Nokia then thats down to him. It wont.
From a completely uninformed point of view (and probably worthless to this conversation) I've been quite surprised lately at the amount of people with new Nokias, it's not loads but I've seen a few which is surprising. I used one the other day (no idea what it was) but it was nice and smooth so I was impressed.
EDIT: Think it was a Lumia 800.
Nokia phones are s**t. As a consumer, that's all I need to know.