in ,

Nokia: Competing with iPhone 4G and Verizon Incredible

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.

Written by Alan Ng

Alan has been working for Product-Reviews since 2009 and became the Editor-in-chief in 2014. He has a passion for technology, the latest mobile phones and gadgets, and the gaming industry. Alan is a graduate of Canterbury Christ Church University and completed a B.A in Commercial Music in 2008. While expressing a keen interest in all areas that PR cover, you'll usually find Alan in the gaming section, where he'll be keeping enthusiasts up to date on all the latest news and reviews for consoles and PC.

Contact Alan Ng: alan@product-reviews.net

4
Leave a Reply

avatar
3 Comment threads
1 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
4 Comment authors
Ryu Kisekispencer.fengAlan Nglee Recent comment authors
newest oldest most voted
Ryu Kiseki
Ryu Kiseki

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

spencer.feng
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… Read more »

lee
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… Read more »

iChalk Mobile for Apple iPad

New SplashID 5.3 iPhone App: Secure Finger Pattern Login