Despite renewed interest in its Lumia smartphones on American shores, Nokia’s first quarter results are bleeding a lot of red ink, both financially as well as in total units sold, which is down by more than half year over year.
Nokia is staging a big comeback with its new Lumia 900, an AT&T exclusive here in the U.S. (at least for now). But the Finnish company is finding resistance on its home turf in Europe, where carriers think the handset doesn’t stand a chance against the iPhone or Android.
How bad are things for fourth-place U.S. carrier T-Mobile? Apparently, so bad that they issue a press release to announce fourth-quarter operating results which mentions being “negatively impacted” by the release of the iPhone 4S on three other carriers, right in the first sentence.
Competition is fierce in the world of wireless, but that doesn’t mean that telecom giants can’t occasionally come to each other’s aid in times of crisis. Case in point: Recent comments by Verizon CEO Lowell McAdam which appear to be in favor of rival AT&T gobbling up T-Mobile.
It’s often a bummer to be a cell phone manufacturer catering to the United States, one of the few countries to have dual competing technologies with GSM (AT&T) and CDMA (Verizon). In the past that’s meant producing two different devices such as Apple did with the iPhone 4, but that could be a thing of that past come this fall.
Despite all of the bleak news about Android’s explosive growth over iOS, Apple has risen to the top of the world’s smartphone market, bumping longtime champ Nokia to third place and barely edging out Samsung, according to newly released data.
It’s called buyer’s remorse -- as anyone who has worked in retail can attest to, returns are just a fact of life, especially with most companies making it so easy to do. However, when the returns start creeping toward nearly half the amount of product you’re shipping, there may be a bigger problem.
AT&T may not have had the insane second quarter that partner Apple did, they’re still rockin’ the iPhone like a hurricane, with 3.6 million of the handsets activated over the last three months and nearly a quarter of those were new customers.
As anyone whose jumped from AT&T to Verizon (or vice versa) already knows, GSM and CDMA handsets aren’t compatible with each other. Everything we’ve heard about LTE seemed to indicate that would be a thing of the past, but now Verizon Wireless is going on the record claiming that won’t be the case after all.
Four years after the debut of the original iPhone, one of the biggest markets in the world still isn’t being fully served by Apple’s iconic device. With 896 million mobile phone users in China, 106 million served by China Telecom may finally get some relief by the end of 2011.