Nokia: Competing with iPhone 4G and Verizon Incredible

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While Apple posted significant profits for their iPhone this week, we have heard that Nokia are struggling to keep up with the competition, after the company fell far short of their quarterly estimates.

As reported from Apple Insider, Nokia revealed that they earnt 349 million euros, or $465 million, in the first quarter of this year. While this figure beat last year’s figures, it was still short on what the company as well as analysts expected.

Nokia Chief Exeuctive Olli-Pekka Kallasvuo had this to say about the results: “We continue to face tough competition with respect to the high end of our mobile device portfolio.”

That statement is particularly worrying, since the worst is probably yet to come. Apple are widely expected to release their next iPhone device this Summer, while Verizon’s customers have the HTC Droid Incredible which will drive their sales forward. On top of this, we’ve just heard that their Symbian^3 platform has now been delayed into Q3 this year.

What do Nokia have? Well, theres the N8-00 device with a rumored 12 megapixel camera, but thats all it is at the moment – rumors. If Nokia are going to compete with the likes of the iPhone 4G and Verizon Incredible, then they really should get their high-end smartphones out as soon as possible.

Are you a Nokia handset owner? Let us know your thoughts on this.

Also See: Nokia N1 vs. Nexus 9 vs. iPad mini 3 comparison

  • lee

    I've been a nokia customer for over 15 years, now currently using a nokia n97……….. but now thinking for the first time to switch to the samsung galaxy s, it looks hot…… iphone doesnt really do it for me… although i like the look of the dell thunder just announced….

    for me they need big memory, 32gb minimum on board and atleast 32gb expanadable, i would like to see atleast 4 inch super amoled screen twin micro sd slots and 64gb on board…….. come on nokia you are losing!!! stop producing crappy $100 handsets and focus…. like apple did one phone and a billion dollars later!

    • http://intensedebate.com/people/tr00p3r Alan Ng

      I hear you Lee…

      The N900 is a great bit of kit..but being linux based, I don't think it is very accessible to the average phone user..Nokia need one handset which makes everyone go .. HOLY SHIT..THEY DIDN'T?! My thoughts anyway.

  • spencer.feng

    Nokia has a very comprehensive products portfolio. I think during 2010, the highest-end is meego 1 powered devices, the high-end and middle-end is Symbian ^3 powered devices and the low-end is Symbian ^1 powered devices. The upcoming N8 will be a flashy one with large upgrade in both software and hardware.

    I like Nokia's idea about the home screen which we can see in N97 and N97min and upcoming C6. With the addition of multi-homescreen to Symbian^3 OS, the home screen will be much better.

    Nokia's ovi service is fantastic. Ovi maps which provide free walk & drive navigation is best in the market. Ovi share and Ovi store are great.

  • Ryu Kiseki

    Nokia needs to buy Palm and put WebOS on their high-end devices!