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Nokia's Q1 2012 financials: $9 billion in sales can't stop a $1.7 billion loss
Nokia's released the bundle of spreadsheets that comprise its 2012 Q1 financials, just a week after it acknowledged that it would make a loss, despite bullish sales of the new Lumia 900. The numbers reveal that the company had net sales of €7.4 billion ($9.7 billion), down from €10.4 billion ($13.6 billion) at the start of last year. Net sales are down 30 percent year-on-year, which means the company's posting a loss of €1.3 billion ($1.7 billion) for the first three months of 2012. That loss is broken down as €772 million to restructure Nokia Siemens Networks, €101 million to restructure the Devices & Services and Location & Commerce departments, principally in shedding employees and relocating its factories to Asia. It had forecasted an operating margin of three percent below "break even," and says it's likely to remain that way well into the second quarter. Stephen Elop pointed out that much of the loss is due to both increased competition and the costs of restructuring, but also seemed to tacitly confirm rumors we'd heard that UK carriers have been resistant to Nokia's new direction, saying that establishing momentum in the country has been "challenging." However, it's still promising to arrest the slump and in a statement to Moody's on Monday, the company pledged that it was prioritizing "cash conservation" exercises, although its liquid cash reserves have fallen 24% in a year, meaning that the company's only got €4.8 billion ($6.3 billion) put aside for a rainy day.
NFC version of Nokia Lumia 610 accidentally leaked on YouTube (update: now official)
In a world where NFC is just starting to become useful, its notable absence on Nokia's Windows Phones has been increasingly, well, notable. But a video that temporarily appeared on the Finnish phone-maker's YouTube account reveals that NFC is indeed coming, with a new version of the Lumia 610 on the Orange network apparently set to become the first handset to make it happen somewhere in Europe. The video was quickly pulled, but not before Thegadgetbuff managed to grab a dodgy rip of it, which you'll see after the break. It contains an interview with Andrea Bacioccola, whose job title ("Lead program manager, NFC") pretty much says it all -- even before he gets to mentioning stuff like FourSquare checking-in, audio speaker pairing like with the N9, and a new Nokia Tag Writer app that could possibly do something similar to the customizable Xperia SmartTag system. See for yourself after the break, and as mentioned, please forgive the clip's piratical quality.Update: Nokia has put out a press release confirming the above, and saying that the new NFC-equipped Lumia 610 will be out on Orange early in the next quarter. It's also certified for MasterCard's PayPass technology. Official video now added too.
Mobile Miscellany: week of April 2nd, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, CyanogenMod gained a new logo, Google acquired a mobile payments company and we learned that the HTC EVO 4G LTE for Sprint will include an embedded SIM card. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of April 2nd, 2012.
Nokia unveils the Lumia 800 in China, calls it the 800C
So if you live out in China, and were counting down the days until you could get your hands on a legit Lumia 800 (or the 610), you're almost there. Nokia's slab of Windows Phone, renamed the 800C was unveiled by China Telecom today as we'd heard, and will launch in stores fully next month. There'll be 20,000 apps available in the Marketplace when it does finally ship, which should be enough to keep you going. Color-wise there'll be cyan and black options, setting you back 3599 RMB sans contract. Head down to the official PR for the company pomp.
Mobile Miscellany: week of March 19th, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, we've spotted the Lumia 610 in two new colors, and the open source community received new goodies from the likes of HTC, Qualcomm and Samsung. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of March 19th, 2012.
Nokia confirms Lumia 710, 800 to be knighted with mobile hotspot 'soon'
If you've pored over the specs of Nokia's Lumia 710 and 800 handsets during the last few months, you've likely noticed the duo's lack of mobile hotspot functionally. Of course, the Finnish phone maker didn't completely abandoned the feature in Windows Phone, as the ability to turn your device into a portable access point will ship with its flagship Lumia 900 and the recently announced 610 at launch. Nokia admitted that the feature would be coming to the 800 months ago, and now Elop & Company have announced that the 710 is also on the shortlist. A recent Q&A post on its Connects blog explained that software updates will be "coming soon" -- by way of Zune update -- to remedy the discrepancy between the old and new. No word on what Nokia's definition of "soon" is, but you can find all the available details at the source link below.
Stephen Elop: Nokia Lumia coming to China on March 28th
China recently greeted its first Windows Phone (on pre-order, anyway), but if Stephen Elop has his way, Nokia will be hot on HTC's heels. The company's CEO has revealed that Nokia will unleash its Lumia handsets upon the People's Republic on March 28th. While Elop offered no clues to suggest which models will be available, recent regulatory approvals hint that the Lumia 800 and 710 are both top candidates -- though personally, we'd be shocked if the Lumia 610 didn't rear its head sooner rather than later. Both China Telecom and China Unicom are said to be partners with Nokia, which is undoubtedly eager to offer something other than Symbian to its Chinese fan base.
Microsoft: there's a limit to Tango's love (for 256MB devices, anyway)
Microsoft's going after the low-end market with devices like the Lumia 610 and its brethren. The handset's biggest limitation is that it only packs 256MB RAM and Redmond spent last week imploring developers to slim down their apps or face ghettoization. Now the company's revealing what else will be missing from Tango's cheapie iteration: Video podcasts, Bing local scout, fast app switching, automatic photo uploading, HD video playback (with certain codecs) and background agents will all be disabled. On the upside, this efficiency drive should ensure Windows Phone's apps remain as lithe and responsive as its interface is. Developers interested in learning more can head down to our source link for a dash of nitty and a spoonful of gritty. Update: To clarify, the fast app switching situation is a little more nuanced: apps which uses upwards of 90MB will be "tombstoned" on deactivation, but those occupying less memory should fast resume just fine.
Nokia Lumia 610 pours out its insides to the FCC, gets accepted
The Nokia Lumia 610 hasn't officially found a home in the US, but that doesn't stop it from paying the good 'ol FCC a visit either way. The entry-level Windows Phone sure put on quite the show, too, providing a full set of internal and external pics and a user manual. The device we saw offers 3G connectivity by way of 850 / 1900 radios to allow for AT&T compatibility, which means at the very least you'll be able to import one and get some proper use out of it, even if you don't see the Lumia 610 on a US carrier anytime soon. Take a look below to behold the full visual spread.
Mobile World Congress 2012: smartphone roundup
Mobile World Congress is a dignified affair held yearly in Barcelona that companies take very seriously. For example, unlike CES, there are lots and lots of suits -- after all, this is a congress. Here, some of the most unique and desirable handsets meet the eyes of press, analysts and buyers for the very first time. Accordingly, anxieties were high among company leaders as they put their best foot forward and held their breath for the first round of impressions. This year's show has been a wild ride, and we've seen many devices stretch the boundaries of our imagination. There were more than a few stunners, and as the dust settles, companies such as HTC, Nokia, LG, Huawei and Asus can all hold their heads high. Join us after the break as we reminisce the most notable smartphones from Mobile World Congress.
The Engadget Interview: Nokia CEO Stephen Elop at MWC 2012 (video)
Not one, not two, but three Nokia interviews at Mobile World Congress? Yes, we were lucky to catch up with CEO Stephen Elop -- whom we last saw at CES -- and chat about the Lumia 610, the white Lumia 900, the 808 PureView imaging flagship, and a hint at what kind of cameras we can expect in the company's future Windows Phone handsets. Just hit the break to watch our video interview.
The Engadget Interview: Nokia VP of Industrial Design Stefan Pannenbecker at MWC 2012 (video)
Today at Mobile World Congress we spent a few minutes talking with Stefan Pannenbecker, VP of Industrial Design at Nokia about Espoo's past, present and future handsets -- including the just announced 808 PureView, Lumia 610 and Asha 302 / 203 / 202, as well as the Lumia 900 we played with at CES. He shared his insights on Nokia's design language and philosophy and some interesting details such as the clearcoat finish used on the Lumia 800 / 900 and N9. Enjoy the video.
Nokia Lumia 610 hands-on (video)
Nokia's stand at Mobile World Congress is more of a city than a dingy old booth -- it's absolutely massive, and full of Lumias and PureViews and Ashas (oh my!). As we continue to dissect the entire thing, our adventure has taken us to the Lumia 610. This particular handset is a bit of an anomaly in the mobile world: it's getting a lot of attention not because it's an amazingly powerful and highly specced device, but rather because it's considered a low-ender. It's not too often that this kind of thing happens, considering we often treat budget phones as non-influential, but we envision a device like the Lumia 610 having a dramatic impact on the scope of Windows Phone in global market share and public exposure.Why could such a simple smartphone make waves at a show crowded with star-studded beauties like Nokia's own 808 PureView or the HTC One X? Because it's among the first to feature Microsoft's latest Windows Phone build. Contrary to our expectations coming into the show, it's not being referred to as Tango -- something that perplexed us during our liveblog of Nokia's event this morning -- but rather a minor refresh that will reach out to every Windows Phone. The update, still considered part of Windows Phone 7.5 (Mango), opens the door for devices running on 256MB of RAM and offers a few other goodies, such as allowing ringtones, videos, audio files and multiple JPEGs on one MMS. The update will also bring compatibility to Chinese mobile operators and plenty more regional availability. That's a major reason why the Lumia 610 is getting so much attention -- it may be the first Windows Phone experience for several regions that don't already have the OS.It may be obvious that the specs are nothing to write home about. Quite opposite, in fact. But that's not what Nokia's gunning for with the 610, is it? Nay, this one is ever so humble, with its 800MHz Snapdragon S1 CPU, 5MP rear AF camera with LED flash, 3.7-inch WVGA TFT display, 1,300mAh battery and quad-band GSM / EDGE / WCDMA. The build is definitely inexpensive plastic, with chrome edges and a soft-touch back. In other words, keep a firm grip on it at all times. All in all, it feels rather comfortable to hold, though. Its overall performance is precisely on par with the intended price range here. But don't just read our words about the phone -- behold with your own eyes the Lumia 610 with the help of our photos and videos below.
Microsoft lowers hardware requirements, opens Marketplace to 23 more countries
If there was a theme for today's Nokia keynote, and, by extension, Microsoft's plans for Windows Phone, it's that the OS is being targeted toward lower-spec phones worldwide. The SDK update that'll soon roll out to developers will include an emulator for developers to ensure their apps work on devices like the Lumia 610 that only has 256MB RAM. The company's promising that nearly all apps will work on the cheaper hardware, promising that fragmentation will be kept to a minimum. Any app that runs poorly on the slimmer hardware will be flagged as unsuitable in the Marketplace. Speaking of which, Microsoft has announced it'll be rolling it out to a further 23 countries shortly including China, the UAE and much of Eastern Europe -- increasing the total market reach by up to 60 percent.
Nokia unveils Lumia 610, arriving Q2
Another addition to la familia Nokia has been revealed. The Lumia 610 looks to be its entry level Windows Phone, going by the company's current naming convention, packing 256MB of RAM alongside an auto-focus camera. You'll be staring into a 3.7-inch WVGA (800 x 480) capacitive touchscreen display and it'll have 8GB of storage with no option to expand beyond using Skydrive. The 1,300mAh battery promises 6.5 hours of talk-time and 530 hours of standby, while connection options include HSPA, WiFi 802.11 b/g/n and Bluetooth. Nokia also used its latest Windows Phone to demonstrate Nokia Transport; a new app that will draw on tram, train and bus directions for around 500 cities and 46 countries. Color fans will be able to get the entry-level device in white, cyan, magenta and black, all of which look set to arrive in Q2 priced at around 189 euros.Myriam Joire contributed to this report.
Is this the Nokia Lumia 610? More specifications leaked
While posters are raised and Barcelona continues to fill with confused-looking tech journalists, another taste of Nokia's 2012 offerings has appeared. This time, it's the company's low-cost Windows Phone entry. The Lumia 610 will purportedly pack a 3.2-inch display and a 3-megapixel camera, with BGR even reckoning that it will arrive with Microsoft's Windows Phone Tango OS, with a price of around 175 euros. We'll be listening intently to what Nokia has to say over the next few days -- and it looks like it could be plenty.
Nokia bringing two Lumia devices to MWC next week?
You have to love the last days leading up to a major event like Mobile World Congress, because the rumor mill just doesn't stop. The focus of this particular whisper is Nokia's Lumia series, which according to Reuters should have at least two new members before the show is over. Its sources indicate that the oft-rumored global version of the Lumia 900 is go (AT&T's model shown above), as well as a lower-end Lumia 610. All of us who crave the deeper details are still left in the dark about what we can expect on these devices, but it does give us a heckuva lot more to look forward to next week.
Mobile Miscellany: week of February 13th, 2012
Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This week, we bring you announcements of LTE expansion from AT&T, US Cellular and Verizon, along with news of three Samsung smartphones that received WiFi certification -- each are thought to be high-end devices and bound for US carriers. These stories and more await after the break. So buy the ticket and take the ride. Let's explore the "best of the rest" for this week of February 13th, 2012.
