Feeds

Bullish analysts: N8 will save Nokia

What's Finnish for Jesus?

3 Big data security analytics techniques

Strong operator demand for new kit from Nokia means the company may be emerging from its darkest period in modern history, according to a report from Morgan Stanley.

The company reckons the N8 camera phone, the first Symbian^3 device, will gross around €1bn in operating profit next year, and raised its rating and target price for the stock.

Another report, this time from Merrill Lynch, expects the new devices to halt the crash in Nokia's margins. Without much to offer in the smartphone category, margins have crashed from 18 per cent in 2008 to around seven per cent now, as cheapie phones gain a higher proportion of the mix. Nokia has missed its own guidelines for its previous two quarters, but Merrill doesn't anticipate that happening again.

Nokia today confirmed availability of the N8 through Nokia's store in the final week of the month, priced at £429 SIM free, and widespread operator availability on Friday 1 October. The phone was originally expected in late spring, but has been pushed back to avoid a repeat of the buggy debacle that was the N97.

The strong demand for the N8 demonstrates Nokia's underlying strength in the phone business, but also its astonishing complacency over the past three years as the market turned to touchscreens. The N8 isn't as slick as some rivals with direct-manipulation UIs, nor as high-specced as some others - but it's markedly nicer to use than its predecessors and is well designed. It also has a single easily-grokked USP - its camera.

With Nokia's designated high-end Unix-based successor to Symbian not quite ready for prime time (will it ever be?), and the major revamp of Symbian (^4) not ready either, the company needs a strong bunch of Symbian^3 products.

Reuters cites unnamed sources confirming that keyboard variant of the N8, the E7, will be launched at Nokia World in London next week.®

Top three mobile application threats

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.