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stephen elop articles

Nokia's $196 million loss overshadowed by otherwise promising results

Nokia
  • Posted April 18, 2013, 11:30 AM by Shawn Knight | Filed in Industry News, Mobile Computing
  • Nokia recently reported financial results for Q1 2013 and while the company still has a long way to go, things do look promising at this point. Overall operating loss came in at roughly €150 million (nearly $196 million) on revenue…

Nokia to slash 10,000 jobs by end of 2013, sells Vertu

Nokia to slash 10,000 jobs by end of 2013, sells Vertu
  • Posted June 14, 2012, 11:30 AM by Lee Kaelin | Filed in Industry News

  • The downward spiral continues for Nokia with the announcement that it will slash 10,000 jobs, estimated to be around 19% of its worldwide workfo rce, by the end of 2013 as part of drastic measures to change its fortunes.

Nokia CEO says multi-core smartphones are “just a waste of battery”

Nokia CEO says multi-core smartphones are “just a waste of battery”
  • Posted March 16, 2012, 12:00 PM by Shawn Knight | Filed in Hardware, Mobile Computing
  • Nokia CEO Stephen Elop feels that dual-core and quad-core chips used in today’s smartphones are not all so useful and essentially just a waste of battery. Elop revealed as much in a recent interview with the Yangcheng Evening News prior…

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