Archive for the ‘company history’ tag
Despite beating Wall Street expectations for the second calendar quarter of 2012, Microsoft on Thursday reported its first-ever quarterly loss since the software giant went public in 1986.
On the heels of Apple’s announcement of the biggest quarter in company history, two of the iPhone maker’s rivals — Nokia and Nintendo — have reported significant losses.
Does the term S40 mean anything to you?
It’s a mobile operating system built by Nokia for its feature phones back in 1999, and first appeared on the 7110. Well, apparently a lady over in São Paulo, Brazil has today purchased the 1.5 billionth phone running the operating system in the form of the Nokia Asha 303. Nokia is calling it “one of the most significant milestones” in company history.
According to Nokia’s estimations, approximately 675 million people in the world are using phones running S40. As far as sales go, a dozen S40 phones are sold each second.
But that’s enough about the past. Nokia’s focus is now on its partnership with Microsoft, and according to Bloomberg, the Finnish company likely sold around 1 million units from its Lumia line since its debut. After losing $19 billion in market value over the course of 2011, the Lumia line is Nokia’s greatest chance of rebuilding itself and reassuring investors.
Luckily, a number of different research firms seem to agree that the Windows Phone OS will surpass iOS in the next three years.
Apple remains on track to report its best quarter in company history, with new data from the company’s supply chain showing sales up 17 percent month over month in November.