It could happen.
So, yesterday Nokia announced its first-quarter earnings. The numbers kinda sucked, to put it bluntly, but they beat the estimates. Still, there might be some light at the end of the tunnel, and no, we’re not talking about MeeGo.
Some of the highlights:
- Overall sales rose 6% to 12.7 billion euro, compared to last year. Devices & Services rose 4%, but was offset by a 37% jump for NAVTEQ and 9% increase for Nokia Siemens Networks (gasp!)
- Profit fell 23% (from last year), to 884 million euro.
- Nokia shipped 28.3 million smartphones/mobile computers in Q4
- The average selling price (ASP) rose to 69 euro vs. last years 65 euro
- Market share fell to 32%, from 34%
- Nokia will host a Strategy and Financial Briefing in London on Feb. 11
That last one matters for a very interesting reason:
“Nokia must compete on an ecosystem-to-ecosystem basis. In addition to great devices, we must build, catalyze, and/or join a competitive ecosystem.”
