Posts Tagged ‘q3’

Rumours: Nokia’s MeeGo Tablet to Launch in Q3 2011

December 16, 2010 16 comments

Nokia N900000. Had Nokia made a Maemo 5 tablet, I would have bought one. Powerful browsing, Qt apps, extreme multitasking - pure win!


Take this with a bucket of salt.

Nokia’s MeeGo tablet will be reaching Nokia fans from late 2011 according to knowyourmobile‘s anonymous source.

There are no further details, other than it’ll run on MeeGo. Their Nokia insider apparently says this information is correct. Could this be the Z500 “ARM based MeeGo Tablet” that Eldar tweeted about back in June, which later leaked itself on the Ovi Store?

Well this is the first “confirmation” of any rough date estimates for any Nokia MeeGo device. The MeeGo phone as far as we know is still pretty much a “2011” story.

Read more…

Categories: MeeGo, Nokia, Nseries Tags: , , , ,

Nokia Net Sales, Operating Profits and Operating Margin Up in Q3 2010 (Stock up 6.8%)

October 21, 2010 10 comments

Nokia has reported a strong unexpected third quarter. It was expected to have been worse than Q2 as no major handset has been released. This is what Nokia can do without anything compelling at the mid-high end. Nokia has weathered the toughest transition stages. The mid-high range N8/C7/E7 and mid-low C6 should make things even better. Then we will see the new Symbian Qt based Symbian and the MeeGo onslaught at the high end next year.

Some highlights.

  • Q3 2010 Operating profits increased to 403 Million EUR, (Q3 2009, Loss 426 M; Q2 2010 profit 295M).
  • Q3 2010 Operating margin 3.9% (-4.3% Q3 2009; 2.9% Q2 2010)
  • Q3 2010 83 .9M “dumbphones”, 26.5 smartphones (Q3 2009, 92.1M Dumbphones, 16.4M Smartphones; Q2 2010, 87.1M Dumbphones 24M Smartphones). That’s more people gradually making the switch to Nokia Smartphones.
  • Nokia net sales of EUR 10.3 billion, up 5% year-on-year and 3% sequentially (down 2% and up 1% at constant currency).
  • Devices & Services net sales of EUR 7.2 billion, up 4% year-on-year and 6% sequentially (down 5% and up 2% at constant currency).
  • Services net sales of EUR 159 million, up 7% year-on-year and 1% sequentially; billings of EUR 325 million, up 89% year-on-year and 10% sequentially.
  • Nokia total mobile device volumes of 110.4 million units, up 2% year-on-year and down 1% sequentially.
  • Nokia converged mobile device (smartphone and mobile computer) volumes of 26.5 million units, up 61% year-on-year and 10% sequentially.
  • Nokia mobile device ASP (including services revenue) of EUR 65, up from EUR 64 in Q3 2009 and EUR 61 in Q2 2010.
  • Devices & Services gross margin of 29.0%, down from 30.9% in Q3 2009 and 30.2% in Q2 2010.
  • Devices & Services non-IFRS operating margin of 10.5%, down from 11.4% in Q3 2009 and up from 9.5% in Q2 2010.
  • NAVTEQ non-IFRS net sales of EUR 252 million, up 52% year-on-year and flat sequentially (up 47% and down 2% at constant currency).
  • Nokia Siemens Networks net sales of EUR 2.9 billion, up 7% year-on-year and down 3% sequentially (flat and down 4% at constant currency).
  • Nokia Siemens Networks non-IFRS operating margin of -3.9%, down from -1.9% in Q3 2009 and 1.7% in Q2 2010.
  • Nokia operating cash flow of EUR 439 million, and cash generated from operations EUR 1 206 million.
  • Total cash and other liquid assets of EUR 10.2 billion and net cash and other liquid assets of EUR 4.4 billion, at the end of Q3 2010.
  • Nokia taxes continued to be unfavorably impacted by Nokia Siemens Networks taxes as no tax benefits are recognized for certain Nokia Siemens Networks deferred tax items. In Q3 2010, this was more than offset by lower Devices & Services taxes due to dividend withholding tax legislation changes in certain jurisdictions with a one-quarter impact. If Nokia’s estimated long-term tax rate of 26% had been applied, non-IFRS Nokia EPS would have been approximately 1.5 Euro cents lower.
Categories: Nokia Tags: ,