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Nokia Pulls Down Microsoft’s profits

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Nokia was such a great company and a favorite to the Kenyan Niche market and Industry.The company actually had great potential of being among the best and favorite,it just such too bad such a great Company under bad management and leadership is having a hard time competing with major competitors like Samsung.Even newer models that recently penetrated the market are giving Nokia a beat down in sections such as low budget Phones.

The Failure of Nokia in the Kenyan market started when the Company decided to remain and be conservative and stuck to thier boring and ancient Os systems such as Symbian.The Company was also selling some of its smart phones at a much higher price compared to other brands yet they had fewer specs and performance.It was too late i guess for the company to finally integrate and introduce the X range of Smart phones running the Android Os system at a pocket friendly Price.Most of the Kenyan Smart phone lovers had already gotten fond of other brands or actually bought them and didn’t see the need to buy an Android Smart phone just because it came from the “Conservative Nokia”.However the Nokia Lumia 520 running on Windows 8 for a moment seemed to lift up the Company’s hope of being among the best in the Smartphone niche.

Net profit for the three months ending June 30 dipped seven per cent from a year earlier to $4.6 billion (about Sh405 billion), below market expectations.However, the tech giant’s revenues grew a strong 17.5 per cent, lifted by the cloud services.

“We are galvanized around our core as a productivity and platform company for the mobile-first and cloud-first world, and we are driving growth with disciplined decisions, bold innovation, and focused execution,” Mr Nadella said.

Among other Nokia woes and problems to Nokia lovers and employees was that the Company was Planning a 18,000 global job slash from next year with the largest job slashes coming from Nokia handset Unit.

 

 

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
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