“Nokia Oyj declined as much as 6 percent after analysts said the company’s first Windows Phones shipments were lower than expected,” Diana ben-Aaron reports for Bloomberg.
“Nokia may have shipped less than 1 million units for the quarter, with sales to customers of less than 500,000, James Faucette and other Pacific Crest Securities Inc. analysts wrote in a report dated yesterday,” ben-Aaron reports. “Nokia announced the 420 euro ($568) Lumia 800 and 270 euro Lumia 710 last month for shipment this quarter.”
ben-Aaron reports, “Nokia traded 5.5 percent lower at 4.34 euros as of 11:32 a.m. in Helsinki. That was the third-biggest slide on the Stoxx Europe 600 Price Index.”
Read more in the full article here.
MacDailyNews Take: iCal sez:
• We’re way ahead of them [Apple.] – Chris Weber, President of Nokia Inc. (US) Head of Markets, North America, calling Apple’s iOS “outdated.” – August 10, 2011
• Apple’s iPhone is a “niche product.” – (Former) Nokia CEO Olli-Pekka Kallasvuo, April 17, 2008
[Thanks to MacDailyNews Reader “pridon” for the heads up.]
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