Nokia Is Doomed

Nokia Is Doomed, Pt. III: Profits Plummet By Two Thirds

9:09PM July 16, 2009 | John Herrman

Matt declared their latest, greatest salvo in the smartphone wars a wide miss, and analysts chimed in to say that yes, Nokia’s high-end prospects are grim. Well, Nokia’s second quarter earnings are in, and boy, are they gruesome: profit is down 66% from the same time last year, market share is basically flat, and product-wise, there’s no obvious cure on the horizon. [WSJ]


Mobile

Nokia: iPhone 3GS Has A Crappy Camera, N97 Rocks Faces

5:20AM July 9, 2009 | Matt Buchanan

Need more evidence that Nokia just doesn’t get it? Here’s what UK General Manager for Nokia Mike Loughran says about the N97 versus the iPhone 3GS: More »