Feeds

Nokia trims expectations again

Palm to cut costs by 20%

Eight steps to building an HP BladeSystem

Nokia has cut expectations of the mobile-phone market for the third time in as many months, while Palm is planning to cut costs by 20 per cent following a halving of sales.

Less than a month ago Nokia predicted 330 million phones would ship in the last quarter of 2008, a prediction the company now thinks was optimistic - though this time the Finnish giant is only saying that the final number will be lower. Palm admitted that its sales have halved over the last quarter, blaming "economic uncertainty", though increased competition must also be playing its part.

Nokia's approach to bad news is to explain that the whole industry is slowing down, and we should therfore focus on the Finnish giant's market share rather than the number of phones it's actually shipping. The company reckons it can build up market share in 2009 from the current 38 per cent. So we shouldn't be alarmed, but it's hard not to be concerned when they keep issuing warnings like this.

Nokia also reckons retail outlets will be de-stocking for a while - selling what's on the shelves rather than ordering more stock, which will put more pressure on manufacturers including themselves.

Reducing costs seems to be the order of the day: Nokia is promising to "reduce operational expenditure, and scale back capital expenditure", presumably not including the Hollywood office, while Palm is going to trim the workforce and cut back on European operations to the tune of 20 per cent. ®

Securing Web Applications Made Simple and Scalable

More from The Register

next story
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Apple orders huge MOUNTAIN of 80 MILLION 'Air' iPhone 6s
Bigger, harder trouser bulges foretold for fanbois
Bring back error correction, say Danish 'net boffins
We don't need no steenkin' TCP/IP retransmission and the congestion it causes
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
Telstra to KILL 2G network by end of 2016
GSM now stands for Grave-Seeking-Mobile network
Seeking LTE expert to insert small cells into BT customers' places
Is this the first step to a FON-a-like 4G network?
Yorkshire cops fail to grasp principle behind BT Fon Wi-Fi network
'Prevent people that are passing by to hook up to your network', pleads plod
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.