“Nokia, the world’s largest mobile phone maker, is planning to compete head-to-head with Apple Computer for control of the multi-billion dollar global market for digital music,” David Ibison and Kevin Allison report for The Financial Times. “The Finnish company will in 2007 set up a rival to Apple’s iTunes online music store and also hopes its music-enabled phones will eventually depose Apple’s iconic iPod digital music player.”
“The new service, as yet unnamed, could pose a threat to Apple’s dominance of the multi-billion dollar online music industry, which it built following the 2001 launch of iTunes and the iPod. ‘We want to be a global leader in mobile music experiences, and if that means operating in areas where Apple is, then so be it,’ Anssi Vanjoki, executive vice-president of Nokia Multimedia, told the Financial Times,” Ibison and Allison report.
“The news of the proposed launch comes as Norway, Denmark and Sweden are challenging Apple to allow songs downloaded from iTunes to be played on any digital music player,” Ibison and Allison report. “While further details of the planned service were unavailable, Nokia on Tuesday announced the proposed acquisition of Loudeye, a US digital music distributor, for $60m. Loudeye’s name will be dropped and will provide the platform for Nokia’s digital music offering. Loudeye has a current library of 1.6m music tracks.”
Full article here.
It’s good to have dreams. FYI, we’re hearing rumblings from different sources about iPod+iTunes that should become clearer soon.
Nokia says ‘We want to be a global leader in mobile music experiences…”
That’s why they won’t be. Apple want to be THE lobal leader.
Nokia says ‘We want to be a global leader in mobile music experiences…”
That’s why they won’t be. Apple want to be THE global leader.
Let´s correct few things.
0) Nokia comes from Finland
Not from Norway, Sweden or Denmark.
1) Nokia does not have inferior technology.
Nokia greated the whole mobile telephone concept.
A radio telephone was developed in 1963. The world’s first international cellular mobile telephone network NMT was opened in Finland and Scandinavia in 1981 with Nokia introducing the first car phones for the network. The world’s first NMT handportable, the Nokia Cityman, was launched in 1987. Rest is history and because Nokia is the technology leader. It is the biggest mobile telephone manufacturer in the world.
2) Apple should do something quickly = iPhone
Nokia does not need to be scared at all. They sell hundreds of millions of mobile devices every year and their growth rate is over 25% annually.
For them it is logical to add their own music library and support that in their new phones. They know how to do it and the mobile telephone music business is already worth billions. Even in Finland it was worth over 180 million €uros last year (5,2 million people). Nokia has already sold more music than Apple with iTunes ever. So remember this is nothing new to Nokia that has been in the mobile device business and music business long before Apple.
3) iPhone
Nokia owns huge amount of the key technologies. If Apple wants to do iPhone then they need technology from the Nokia and they have to be compatible with the Nokia. Nokia does not need to be compatible with Apple.
4) How can Nokia afford to waste 60 million dollars?
It does not go to waste att all. They make billions out of it.
Nokias annual sales in 2005 were over 34 billion € and they made over 4 billion € profit . (that is $40.9 billion and $5,5 billion). Last year alone they sold over 265 million mobile device. This year way more than 300 million. Apple generated 2005 revenue worth of $13.93 billion and net profit of $1.335 billion.
5) Finland is the pioneer in the fields of Democracy. Here is one example: In the year 2006 we celebrated the 100th anniversary of universal and equal suffrage in Finland. The year 1906 represents an important milestone for women´s social and political participation. Accordingly, Finland was the first country where the women could fully exercise their voting rights and eligibility to stand for elective office.
USA introduced the equal rights to its citizens in the year 1964. “Only” 58 Years after Finland.
Norway, Sweden and Denmark are also excellent what comes to democracy. They are though constitutional monarchies and they do not have the President as we do.
butt butt butt who will Zune go after then?
Microsoft has a problem because loudeye provides the catalog for the Microsoft compatible music stores and as we know Nokia does not like Microsoft. So Zunes music catalog is now owned by Nokia.
Nokia knows how to make huge amount of handy devices with good profit margins. They own the operating system and the whole gadget and now the library. The DRM is a easy part for them. There is no way that Microsoft can compete with that. Apple has a slight possibility with this. Zunes is out of luck.
I agree One Guy from Finland -Nokia is not a company to be underestimated.
However, on the issue of Women’s Sufferage let me point out a few facts from the southern hemisphere. New Zealand women were the first in the world to gain the right to vote in a national election. While in Australia in 1894 South Australian Women were granted the right to vote followed by Western Australia in 1899, NSW in 1902 and finally Victoria in 1908. Australian women were enfranchised for the new Commonwealth Parliament in 1901. Women first voted in second Federal election in 1903.
“Well, with Nokia’s business strategy outlined, now we know why Norway, Denmark and Sweden are challenging Apple to allow songs downloaded from iTunes to be played on any digital music player.
Nothing like getting second-rate local governments to create laws in your favor so that you can compete with inferior technology…”
L0lzor. That’s like saying Mexico and Canada would conspire because some European product is threatening the US equivalent of that product.
MDNMW: “value” as in more value to consumers through competition.
“Norway, Sweden and Denmark are also excellent what comes to democracy. “
Democratic Denmark decided that they wanted one of the Canadian islands near Ellesmere. We told them to screw off but they twits put up a flag. We sent up our military to shoo them away.
Where was their ‘democratic;’ government then? So people stop with the US and others acting like police states! All countries do stupid things, even us in Canada (though much less than average…lol).
bondi Poi. You are both right and wrong. Yes New Zealand was first with the national elections.
Finland was the first country where the women could FULLY exercise their voting rights AND eligibility to stand for elective office.
MDN word: True
bondi Poi. You are both right and wrong. Yes New Zealand was first with the national elections.
Finland was the first country where the women could FULLY exercise their voting rights AND eligibility to stand for elective office.
MDN word: True