The Verge - Nokia Q1 results reveal big losses, but US Lumia launches have exceeded expectationshttps://cdn.vox-cdn.com/community_logos/52801/VER_Logomark_32x32..png2012-04-19T08:14:00-04:00http://www.theverge.com/rss/stream/27239582012-04-19T08:14:00-04:002012-04-19T08:14:00-04:00Nokia's Operation Rolling Thunder starts with a whimper
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<p>Nokia's US President Chris Weber called the <a href="http://www.theverge.com/2011/12/14/2635539/nokia-lumia-710-t-mobile-hands-on-photos">launch</a> of the Lumia 710 "<a href="http://www.theverge.com/2011/12/15/2637788/nokia-eyes-ces-for-rolling-thunder-relaunch-into-the-us">day one</a>" of the company's <a href="http://www.theverge.com/2011/12/29/2668288/nokia-rolling-thunder-the-finnish-company-attempts-to-conquer-the-usa">Rolling Thunder</a> strategy for reconquering the US smartphone market. That day came in the middle of December and has since been followed by a big showing by the Finnish phone maker at CES 2012 in early January, the launch of the Lumia 800 as a contract-free phone in February, and the recent release of the Lumia 900 as an AT&T flagship phone.</p>
<p>In light of all that activity, you'd hope things would be looking up for the company, but this morning's <a href="http://www.theverge.com/2012/4/19/2959563/nokia-q1-2012-financial-report">quarterly report</a> shows that Nokia actually sold half as many phones in North America as last year: just 600,000 units. That's phones in general, broader than the smartphone category alone, which is what...</p>
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https://www.theverge.com/2012/4/19/2959631/operation-rolling-thunder-starts-with-a-whimperVlad Savov2012-04-19T07:29:42-04:002012-04-19T07:29:42-04:00Nokia Lumia 610 launching in Asian markets at the end of April
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<img alt="Gallery Photo: Nokia Lumia 610 hands-on photos" src="https://cdn.vox-cdn.com/thumbor/nSD8kb5HAvW83DGboSvh_IHl8Fs=/80x0:940x573/1310x873/cdn.vox-cdn.com/assets/973730/vs02-26_15-27-13x1020.jpg" />
<figcaption>Gallery Photo: Nokia Lumia 610 hands-on photos</figcaption>
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<p>Although we had <a href="http://www.theverge.com/2012/2/27/2826832/windows-phone-256mb-ram-slow-processors">been expecting</a> Windows Phone "Tango" handsets to arrive this month, Nokia officially revealed today that it will launch its new Lumia 610 Windows Phone in the Philippines in the last week of April. Additional markets such as China, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan, and Vietnam will also get the Lumia 610 in the following weeks.</p>
<p>Microsoft's Windows Phone "Tango" phones are designed with China and other emerging markets in mind. Nokia's Lumia 610 includes an 800MHz processor and just 256MB of RAM, two key ways to reduce minimum hardware requirements for Windows Phone and lower costs. Nokia's <a href="http://www.theverge.com/2012/4/19/2959563/nokia-q1-2012-financial-report">Q1 2012 financial report</a> showed that devices and services net sales dropped 70 percent year-on-year in Greater China,...</p>
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https://www.theverge.com/2012/4/19/2959626/nokia-lumia-610-launch-asia-aprilTom Warren2012-04-19T06:28:11-04:002012-04-19T06:28:11-04:00Nokia head of sales steps down after only a year on Leadership Team
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<p>Colin Giles, <a href="http://www.theverge.com/products/brands/nokia/56" class="sbn-auto-link">Nokia's</a> executive vice president of sales and a member of the <a target="_blank" href="https://go.redirectingat.com?id=66960X1514734&xs=1&url=http%3A%2F%2Fwww.nokia.com%2Fglobal%2Fabout-nokia%2Fcompany%2Fgovernance%2Fleadership%2Fnokia-leadership-team%2F&referrer=theverge.com&sref=https%3A%2F%2Fwww.theverge.com%2F2012%2F4%2F19%2F2959597%2FNokia-colin-giles-quits-vp-sales" rel="sponsored nofollow noopener">Nokia Leadership Team</a> is stepping down after 20 years with the company. Under Giles leadership, the number of mobile phones sold by Nokia has decreased by 24 percent over the past year. Nokia is not planning on replacing Giles, instead saying it sees the departure as "reducing a layer of sales management." As part of the restructure, all regional senior VPs will now report to Niklas Savander, executive VP of markets.</p>
<p>Nokia said that the VP will stay with the company until June 30th, 2012 to help aid a smooth transition. Giles joined the company back in 1992 and last February was made one of 14 members of the Nokia Leadership Team, an elite group at the upper...</p>
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https://www.theverge.com/2012/4/19/2959597/Nokia-colin-giles-quits-vp-salesAaron Souppouris2012-04-19T06:16:05-04:002012-04-19T06:16:05-04:00Nokia: Lumia US launch exceeded expectations but UK market 'more challenging'
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<img alt="Lumia 900 AT&T" src="https://cdn.vox-cdn.com/thumbor/zKBdF872YlO1VHvDPb7FaL7vy6E=/0x0:640x427/1310x873/cdn.vox-cdn.com/assets/1048376/Lumia_900_ATT_640.jpg" />
<figcaption>Lumia 900 AT&T</figcaption>
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<p>Nokia announced its <a href="http://www.theverge.com/2012/4/19/2959563/nokia-q1-2012-financial-report">Q1 2012 financial results</a> today, reporting a loss of 590 million euro for the period. In it, Nokia CEO Stephen Elop admitted that certain markets, including the UK, have been "more challenging" than the US — despite large marketing campaigns involving TV, newspaper, and radio commercials. Discussing mixed sales results, Elop revealed that Nokia has "exceeded expectations" in the US with the launch of its Lumia 710 and 900 devices.</p>
<p class="p1">Although there is no break down of initial sales for the Lumia 900, Nokia did reveal that the launch has been "encouraging," in the US and that the firm plans to release its latest Windows Phone handset in additional markets during the second quarter. Though Nokia won't comment on a specific...</p>
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https://www.theverge.com/2012/4/19/2959588/nokia-lumia-us-uk-launch-expectations-stephen-elopTom Warren2012-04-19T06:03:17-04:002012-04-19T06:03:17-04:00Nokia reports €1.3b operating loss for Q1 2012, sells half as many smartphones as last year
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<p>Nokia's <a target="_blank" href="http://www.results.nokia.com/results/Nokia_results2012Q1e.pdf">Q1 2012 financial report</a> has just been posted, noting an operating loss of €1.3 billion that led to a net loss of €590 million for the period. The company did <a href="http://www.theverge.com/2012/4/11/2940632/nokia-q1-2012-financial-outlook-adjustment">warn</a> us that it wouldn't be able to maintain its earlier forecast of breaking even, and now we know the full extent of the damage. In total, Nokia sold 11.9 million smart devices during Q1, which is less than half of the 24.9 million it achieved in the first three months of 2011. This has been put down to the rapid decline in Symbian handset sales, which Nokia says have been "partially offset by growing sales of Nokia Lumia devices." Nokia sold <a href="http://www.theverge.com/2012/4/11/2940632/nokia-q1-2012-financial-outlook-adjustment">two million</a> Lumia smartphones in the quarter.</p>
<p>Operating losses from the Smart Devices and Services division alone amounted to €219...</p>
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https://www.theverge.com/2012/4/19/2959563/nokia-q1-2012-financial-reportVlad Savov