Thursday, 16 August 2018

Friday Review: An iPhone-shaped hole

By Mary Lennighan, Total Telecom
Friday 30 April 10

Nokia fails to mask weaknesses in smartphone portfolio with N8 launch. Plus more smartphone stories and the rest of the week's highlights.

"Nokia basically has an iPhone-shaped hole in its portfolio," an esteemed colleague pointed out earlier this week. After mulling it over for a little while, I had to concede that he was right. Having sent its shares into freefall last week by cutting its 2010 margin outlook and delaying the rollout of the updated version of its Symbian operating system, Nokia this week scrambled to reassure investors by providing a sneak preview of its first Symbian 3 device, the N8. The Finnish vendor is banking on the N8, which will be available in the third quarter, to get it back on terms with rivals that have produced more up-to-date designs and user interfaces in the high-end consumer smartphone segment…

"Nokia basically has an iPhone-shaped hole in its portfolio," an esteemed colleague pointed out earlier this week. After mulling it over for a little while, I had to concede that he was right. Having sent its shares into freefall last week by cutting its 2010 margin outlook and delaying the rollout of the updated version of its Symbian operating system, Nokia this week scrambled to reassure investors by providing a sneak preview of its first Symbian 3 device, the N8. The Finnish vendor is banking on the N8, which will be available in the third quarter, to get it back on terms with rivals that have produced more up-to-date designs and user interfaces in the high-end consumer smartphone segment…

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