“Nokia reported a 73 percent fall in fourth-quarter earnings as sales of its new Windows Phones failed to dent the dominance of Apple’s iPhone or to compensate for diving sales of its own old smartphones,” Tarmo Virki reports for Reuters.
“The world’s largest cellphone maker by volume unveiled a major strategy shift to Microsoft software for its smartphones last February in an attempt to challenge Apple and Google’s Android. But Apple’s phones in particular have proved far more popular,” Virki reports. “Apple reported earlier this week sales of 37 million iPhones for the December quarter. Nokia has sold over 1 million Windows Phones since its launch in mid-November.”
Virki reports, “‘The report highlights that the start of the Windows strategy is slow, and we have very little concrete data to predict its success at this point,’ said analyst Michael Schroder from FIM Securities. ‘There are a lot of uncertainties. These are critical times for the future of the whole company. The next months will be extremely important.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]
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