stephen-elop

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  • Nokia Lumia 610 coming to China Unicom, Elop slips details in conference call

    by 
    Mat Smith
    Mat Smith
    06.15.2012

    Chinese residents not willing to fork out for Nokia's flagship just got another option, the Lumia 610. China Unicom will be offering the littlest (and most recent) Lumia device, according to Stephen Elop, who managed to sneak the announcement into an at-times grim conference call held yesterday. While we knew the device was headed to all places Pacific, the device now looks set to join existing smartphone options on 3G (presumably low-price) plans. Interested? Then you may want to revisit our review for our thoughts on Nokia's humbly-priced handset.

  • Nokia reportedly scraps Meltemi, decides it's Series 40 or bust in basic phones

    by 
    Jon Fingas
    Jon Fingas
    06.14.2012

    O Meltemi, we hardly knew ye. In fact, we didn't know ye much at all, since Nokia never made the OS official. Nonetheless, claimed insiders have told AllThingsD that the reputed Linux-running alternative to S30 and S40 won't ever see the light of day. Nokia's deep structural cuts are to blame, and we imagine Nokia's previous drive to whittle down its OS portfolio will have come into play. CEO Stephen Elop and other executives never directly acknowledged Meltemi's existence during the cutback-related conference call, although Elop did admit that some projects were screeching to a halt behind the scenes -- possibly the closest Espoo will come to saying that the platform was ever real. Sad, to be sure, but between the new Asha Touch line and ever-cheaper Lumia models, we're not too worried about whether or not Nokia has the low end covered.

  • Former Nokia Exec: Elop is struggling, shouldn't focus so heavily on Windows Phone

    by 
    Brian Heater
    Brian Heater
    04.26.2012

    Former Nokia executive Lee Williams admits that he's a bit of an "arm chair quarterback," but won't let such labels stop him from offering up some seriously pointed criticism of Stephen Elop, telling CNET that the CEO is "struggling," due in part to a lack of "overarching vision." Williams cites the company's shift in focus to Windows Phone as a cause of the companies woes, adding, It might have made sense to introduce a product or two into the portfolio based on Windows Phone. What I do not think they should have done is pretend it is a one horse race, and that one software system is all you need. They have executed in this fashion, and are paying for it. Not that Williams is advocating backing just Symbian either. "One size does not fit all," he explains, "and I think technology religion is dangerous in a good products company. You cannot marry yourself to any one technology or way of doing something." More furniture football in the source link below.

  • Nokia's Q1 2012 financials: $9 billion in sales can't stop a $1.7 billion loss

    by 
    Daniel Cooper
    Daniel Cooper
    04.19.2012

    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.

  • Nokia: Two million Lumia phones sold in Q1 but profits still falling

    by 
    Daniel Cooper
    Daniel Cooper
    04.11.2012

    Nokia's announced preliminary information on its forthcoming Q1 results due on April 19th. It's reportedly sold €4.2 billion worth of phones, €2.3 billion coming from the sale of 71 million dumbphones and €1.7 billion coming from smart devices. On the upside, sales of the Lumia handsets are still growing, selling two million of the series in the last three months alone. However, "competitive industry dynamics" and the cost of its painful transition into a modern smartphone player have meant the numbers aren't too pleasing. The figures mean that the company will make a loss of around three percent below "break even," but Stephen Elop remains bullish, saying that his team is "continuing to increase the clock speed of the company" and that "the change is tangible."

  • Stephen Elop: Nokia Lumia coming to China on March 28th

    by 
    Zachary Lutz
    Zachary Lutz
    03.12.2012

    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.

  • The Engadget Interview: Nokia CEO Stephen Elop at MWC 2012 (video)

    by 
    Myriam Joire
    Myriam Joire
    02.28.2012

    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.

  • Nokia releases Q4 2011 earnings report: operating profits drop, Lumia sales break one million

    by 
    Amar Toor
    Amar Toor
    01.26.2012

    Nokia released its latest quarterly earnings report today, following up on a somewhat disappointing Q3 with a similarly bleak Q4. The Finnish manufacturer finished 2011 with a little more than €10 billion ($13.1 billion) in net sales -- 11 percent higher than Q3, but 21 percent lower than 2010, when Nokia raked in about €12.7 billion (approximately $16.7 billion). Operating profit, meanwhile, rose by 90 percent over Q3, but is still down on the year by a whopping 56 percent; this quarter, in fact, saw an operating loss of €954 million (about $1.3 billion). Its net cash and liquid assets also dropped by €1.4 billion over the year, marking a 20 percent decline. The general takeaway, then, is that things are looking better than they were last quarter, but worse than they were last year. To date, the company has sold "well over" one million Lumia devices, but this Windows Phone surge has apparently come at Symbian's expense. "In certain markets, there has been an acceleration of the anticipated trend towards lower-priced smartphones with specifications that are different from Symbian's traditional strengths," CEO Stephen Elop said in a statement. "As a result of the changing market conditions, combined with our increased focus on Lumia, we now believe that we will sell fewer Symbian devices than we previously anticipated." Looking forward, Nokia expects to break even during the first quarter of 2012, due in part to lower than expected seasonal sales and what it calls "competitive industry dynamics." For the full report, check out the source link below.

  • CES 2012: interview roundup (video)

    by 
    Amar Toor
    Amar Toor
    01.16.2012

    The Engadget stage was home to many an interview at this year's CES. Many, many interviews. Given the deluge of guests we hosted in Las Vegas this year, you could be forgiven for not keeping up -- for throwing up your hands in exasperation and making a sandwich to heal the hurt. You could, but you won't. That's because this year, we thought it'd be a good idea to corral all of our CES 2012 interviews into one big metallic box, and hand-pick only the plumpest, juiciest and most eyebrow-arching ones for your enjoyment. We then took those select few and put them in a smaller, spotlit box, which was affixed atop the aforementioned metallic box with a butterfly shaped bow and maybe some duck fat. Add some mood lighting, a splash of bourbon, and voilà. It's the CES 2012 interview roundup, and it's after the break.

  • The Engadget Interview: Nokia CEO Stephen Elop at CES 2012 (video)

    by 
    Myriam Joire
    Myriam Joire
    01.11.2012

    We had the opportunity to spend a few minutes with CEO Stephen Elop here are CES 2012 and talk about all things Nokia -- including the freshly minted Lumia 900. The man requires no introduction, so hit the break and watch our video interview.

  • Stephen Elop: Nokia Windows Phone coming to AT&T, will support LTE

    by 
    Amar Toor
    Amar Toor
    01.09.2012

    Stephen Elop has just taken the stage at AT&T's Developer Summit here at CES, taking the opportunity to confirm that an LTE-enabled Nokia Windows Phone will indeed be heading to the carrier. The exec didn't offer too many details beyond that, but promised to reveal more at his company's event this afternoon, scheduled for 6 PM ET / 3 PM PT. Could it be the Lumia 900 we've been expecting? We'll have to wait a little longer to find out, but will be sure to keep you posted as soon as we hear more.

  • Eldar Murtazin gives RIM six months to win back customers, says Nokia is selling its soul to Microsoft

    by 
    Mat Smith
    Mat Smith
    01.03.2012

    Murtazin is a guy well known for scoring handsets way ahead of even their debut showing. He also has an uncanny knack of knowing exactly what mobile companies are plotting -- sometimes. He's a guy worth listening to, especially for his often outspoken views on company failings. In his latest (lengthy) editorial, Eldar Murtazin takes umbrage with two companies that have weathered a tricky 2011; RIM and Nokia. He reckons that the BlackBerry makers have around six to eight months to convince people and the markets that there's still a future -- a worrying deadline given that we're not expecting to see its OS successor until the second half of 2012. Regardless of when these long-awaited QNX handsets do appear, Murtazin maintains that even if they arrived with the kind of OS that dreams are made of, they are unlikely to recover the ground lost in recent years -- especially on corporate handsets. However, he saves most of his ire for the Nokia-Microsoft partnership, claiming that Nokia executives have lost their ability to sensibly judge the state of the mobile world. With apparently the "most valued" engineers and developers leaving the good ship Nokia, the shuttering of Nokia's own Ovi sync services are apparently talismanic of a shift closer to Microsoft. Murtazin thinks that Nokia CEO Elop has only two aims while at the helm; to ruin the company's chances of recovering in the mobile market and increasing Microsoft's own share and influence in the same sphere. He also reckons a Microsoft buyout of Nokia is still plausible, and while we're sure you've been reading Eldar's missives with a hefty side of salt, it would make for an even more interesting 2012.

  • Finland, Finland, Finland: it's still the country for Nokia

    by 
    Brad Molen
    Brad Molen
    12.20.2011

    Nokia CEO Stephen Elop has heard what a few little birdies have been talking about lately: the future of the phone manufacturer's headquarters. Enough rumors have been floating around the possibility of Nokia picking up and moving, in fact, that the man in charge made it perfectly clear on Finnish TV station YLE that the company isn't going anywhere. Said Elop: "As long as I'm the CEO the headquarters is in Espoo... That's our home, our sense of belonging." So there you have it -- Nokia will continue to call Finland its home. Now, what can be done about all of those lost jobs from this past year?

  • Nokia Lumia 800 and 710 to get limited Latin American release in early 2012

    by 
    James Trew
    James Trew
    12.07.2011

    If you're lucky enough to call Brazil, Colombia, Chile, Mexico or Puerto Rico home, and have been craving a bit of Nokia Lumia love, then felicidades! Señor Elop himself announced the 800 and 710 will be lighting up faces in a store near you from Q1 next year. Speaking from Sao Paulo, the Nokia CEO confirmed that both Windows Phone models would get a run out in the above countries, with production taking place in Brazil. Interestingly other large markets, like Argentina and Venezuela, didn't get a name call as one of the lucky countries, but you can bet your bottom peso though it won't be long before this is rectified. Hit up the source link for more info, en Español.

  • The Engadget Show - 027: Nokia's Stephen Elop, Qualcomm, NASA and more

    by 
    Brian Heater
    Brian Heater
    11.18.2011

    Man, do we have a show for you this month. It's a veritable Thanksgiving feast of gadgety goodness. Brian and Tim kick things off by taking a looking at the Kindle Fire, Nook Tablet, Kobo Vox, a slew of Samsung Galaxy Tabs, the Motorola Razr and the HTC Rezound. Next up, Michael Gorman visits Lockheed Martin to check out the Orion spacecraft the company is building for NASA.Brian and Terrence put iOS, Android and Windows Phone to the test with some mobile operating system newbies, and Tim sits down with Nokia's Stephen Elop to discuss the company's struggles and successes. Qualcomm's Raj Talluri pays us a visit in the studio to show off his company's snazzy new S4 chip, and if all of that wasn't enough, Brooklyn's Milagres plays us out in style.Hosts: Tim Stevens, Brian HeaterSpecial guests: Stephen Elop, Raj TalluriProducer: Guy StreitDirector: Michelle StahlExecutive Producers: Joshua Fruhlinger, Brian Heater and Michael RubensMusic by: MilagresDownload the Show: The Engadget Show - 027 (HD) / The Engadget Show - 027 (iPod / iPhone / Zune formatted) / The Engadget Show - 027 (Small)Subscribe to the Show:[iTunes] Subscribe to the Show directly in iTunes (MP4).[Zune] Subscribe to the Show directly in the Zune Marketplace (MP4).[RSS MP4] Add the Engadget Show feed (MP4) to your RSS aggregator and have it delivered automatically.[HD RSS] Get the Engadget Show delivered automatically in HD.[iPad RSS] Get the Engadget Show in iPad-friendly adaptive format.

  • Stephen Elop: Nokia sees 'the opportunity' in tablets, reveals no plans to seize it

    by 
    Jesse Hicks
    Jesse Hicks
    11.02.2011

    Sometimes a CEO has to be coy. We understand that. So what should we make of Stephen Elop's remarks to Bloomberg Businessweek? Asked about the growing tablet market, the Nokia head replied, "There's a new tablet opportunity coming. We see the opportunity. Unquestionably, that will change the dynamics." So should your start holding your breath for a Nokia tablet? Not necessarily. While he didn't rule out doing so, Elop had no plans to announce, and he's made similarly vague comments before, including, "Our team right now is assessing what's the right tablet strategy for Nokia." Interpreting these quotes is a bit like reading tea leaves, but for now we're willing to believe the Finnish firm is still mulling its options.

  • The Nokia World 2011 keynote liveblog!

    by 
    Zach Honig
    Zach Honig
    10.26.2011

    Sure, you may be fast asleep in your warm comfy bed back stateside, but we're here at Nokia World in London, gearing up for a Windows Phone-packed keynote with CEO Stephen Elop. The excitement begins at 9AM local time (translated to your time zone below), so tune in just before for the play-by-play. Psst... and toss your own time zone / day in comments below! 10:00PM - Hawaii (October 25th) 01:00AM - Pacific (October 26th) 02:00AM - Mountain (October 26th) 03:00AM - Central (October 26th) 04:00AM - Eastern (October 26th) 09:00AM - London (October 26th) 10:00AM - Paris (October 26th) 12:00PM - Moscow (October 26th) 05:00PM - Tokyo (October 26th)

  • We're live from Nokia World 2011!

    by 
    Zach Honig
    Zach Honig
    10.26.2011

    You've probably already gathered from our liveblog teaser and early look at one of tomorrow's announcements, but we're just settling in at Nokia World. And it really does feel like we're a world away from the conference's host city on London -- the venue Nokia selected to host its growing event is quite a distance from Buckingham Palace, Westminster Abbey and that famous big clock tower downtown. Stay tuned for plenty of Windows Phone (and perhaps even Symbian) coverage throughout the week, and don't forget our liveblog of today's keynote! Pro tip: Use the "nokiaworld2011" tag for direct access to this week's Nokia news!

  • The Nokia World keynote is tomorrow -- get your liveblog here at 4AM ET!

    by 
    Zach Honig
    Zach Honig
    10.25.2011

    What will the future hold for a post-MeeGo Nokia? Sure, we have a fairly good idea, but you have mere hours to wait until the rumors are confirmed. We'll be coming to you live from the company's keynote at Nokia World in London, where we're expecting not one, but multiple Windows Phones to make an on-stage debut. The show kicks off at 9AM local time, and we've included a handy list of round-the-world start times below. Bookmark this page right here and find out as it happens. Psst... and toss your own time zone / day in comments below! 10:00PM - Hawaii (October 25th) 01:00AM - Pacific (October 26th) 02:00AM - Mountain (October 26th) 03:00AM - Central (October 26th) 04:00AM - Eastern (October 26th) 09:00AM - London (October 26th) 10:00AM - Paris (October 26th) 12:00PM - Moscow (October 26th) 05:00PM - Tokyo (October 26th)

  • Nokia 800 press shots leak, Espoo's Windows Phone Mango lovechild now close at hand

    by 
    Joseph Volpe
    Joseph Volpe
    10.19.2011

    Stephen Elop famously fumbled when shots of Nokia's "super confidential" Mango handset made their way to the interwebs. Since then, we've seen footage from the factory floor, and even teases of upcoming marketing materials outing the 800, or the phone formerly known as Sea Ray. Now, leaked press shots over on PocketNow, once again, treat us to a preview of the Espoo / Redmond mobile marriage and its candybar-shaped offspring -- available in blue, pink and black. From what we can see in these renders, the volume rocker, power button and apparent dedicated camera shortcut key are all placed on the right side of the handset, with a speaker grille located at the device's base. Of course, there's that familiar Windows Phone 7.5 live-tiled interface and three capacitive buttons on the handset's screen. For now, that's all she wrote, but is it enough to tide you over 'til its eventual reveal at Nokia World? Our trusty magic 8-balls says, "You may rely on it." We're inclined to agree.