Nokia Strategy and Financial Briefing on February 11th at London
Nokia has announced today that on the 11th of February (just before the MWC starting 14th) at London, they will unveil the future strategy of the company along with some interesting facts about the market performance(Q4 2010 results ?). The most interesting thing for us will be, of course, the strategy. FYI, this is the first real media briefing after Stephen Elop took over the reigns, so we can expect some real changes to the strategy, no ?
They have stated here that the event will be happening for just half a day, starting 11 A.M U.K time. The event will be followed up by some Q&As from 12.30 to 4.00 P.M (man! are they announcing something really big that may arise so many questions?!) also, people who can’t attend the event can watch a live webcast. The website also says that all the other details like online registration, venues will be decided in the coming weeks.
Just in time for a great MWC, where the devices will be actually announced.
Edit : While googling 2010′s Nokia Capital Markets Day announcement, i found this :
Nokia Devices & Services operational priorities
In addition to providing its key financial targets, Nokia also outlined key Devices & Services operational priorities for 2010. These are:
- Improve our user experience;
- Re-engineer our Symbian user interface; deliver a major product milestone before mid-year 2010, and another major product milestone before the end of 2010;
- Deliver our first Maemo 6-powered mobile computer, with an iconic user experience, in the second half of 2010;
- Significantly increase the proportion of touch and/or QWERTY devices in our smartphone portfolio;
- Scale up our Services business by expanding geographically and in partnership with more operators;
- Provide third party developers with better tools to create applications and content for our Ovi ecosystem;
- Further optimize the industry’s lowest cost end-to-end business model in Mobile Phones; and
- Continue to build on our affordable and localized services offerings for emerging market consumers.
These are just the devices and services announcements of 2010′s CMD. Can you see the bolded lines above ?Nokia have completely failed to meet those deliverables. 2011 is the year to rectify their mistakes, deliver the promised, hope Nokia measures upto the expectations atleast this time.
So, people, what do you think this year’s strategy is? or should be? the comments section is wide open for discussions 
Thanks to Chilko .
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Sites That Link to this Post
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- Nokia Capital Markets Day 2011 – What could be announced? : Mobile Users | February 6, 2011
- Nokia Capital Markets Day 2011 – What could be announced? | The UK Mobile Review | June 13, 2011
Q4 2010 results will be announced on January 27
ok, but then, what do you think the financial briefing’s gonna be about ? any pointers regarding that ?
Possibly something along the lines of a motorola split or company divisions.
After all, nokia’s joint venture with Siemens (the LTE network) is being rolled out all over the USA and some other parts of the world now.
Should imagine it will be something like that..
http://www.ttkn.com/technology/mosaic-telecom-to-improve-rural-broadband-experience-7287.html
might help their financial forecasts, especially with samsung trying to steal their major strength in the phone market (budget and feature phones)
http://www.koreatimes.co.kr/www/news/tech/2011/01/133_79459.html
Deutsche Bank raised its target price yesterday for Nokia shares to 8:50€ from former 8:00€. Hope they are right.
Nokia won’t be at MCW 2011
There won’t be a Nokia booth, no new devices, only a keynote speach from S. Elop
http://www.telecompaper.com/nieuws/nokia-niet-prominent-aanwezig-op-mwc-2011
But in on the MCW site they are under “Exhibitors”:
“Nokia Corporation
Hall: 4.0, Stand 4.0EMR01, Stand 4.0EMR02, Stand 4.0EMR03″
and
“Nokia Norge AS
Hall: 1.0, Stand 1E44″
and
“Nokia Siemens Networks
Hall: 8.0, Stand 8C01″
http://www.mobileworldcongress.com/exhibition/whos_exhibiting.htm
So, who to believe… on one hand you have the actual event organisers who have published the physical locations of the Nokia display stands or on the other you have the increasingly bizarre and bitter postings of an increasingly irrelevant blogger.
Not really that tricky is it?
Dig deeper, the stands hired by Nokia Corp. are real small ones, three side by side.
Nokia Norge is Qt and NSN has little to do with phones, just networks.
Pure and simple, Nokia hasn’t got a big booth for unveilings unlike Samsung and such. They could however have some space outside MWC just for themselves to gather more attention than they ever could inside MWC.
Either way, they have got stuff that is about to be released hence the profiles and the leaked X7. Whether it will see the light of day at MWC or at anothert venue it is bound to happen before April.
You’ve all got it wrong. Notice last MWC Nokia wasn’t present either – why? Because they had a way bigger space down the road, with buses etc laid on. So actually had a far bigger presence than if they’d been in MWC.
There is no correlation at all between Nokia not being in MWC and some fantasy where they have nothing new or good coming up or are running out of money.
And, some of you guys are still listening to Eldar? I mean, seriously? Do you listen to Father Christmas and the Tooth Fairy and read tea leaves too? Come on…
Rant, I appreciate what you’re saying. Nonetheless Nokia handsets division have three stands there and therefore have a presence.
Eldar’s point was that they weren’t there at all.
@Smith: Why listen to you? You’re the personification of Symbian bias.
Back to the topic at hand: Did I say they weren’t there at all? No; I said they might have a separate space rented outside MWC and that they don’t have enough room to facilitate a booth for unveils, at least if you compare some booths on the trade floor.
You start rambling about no phones being announced while most of my post regarding this subject state that they have at least 2 (X7 and E6) phones to announce. The whole money factor isn’t even mentioned by me, at least not as words of my own.
Get that rubber Symbian duck out of your eyes and read posts correctly before you start ranting.
@Mark: Correct, you are right. He said they would’nt be there at all. That is definitely not the case.
However, actual product announcments actually inside MWC seem a little unlikely due to the small space they have as Nokia Corp. But a separate space outside MWC is an option. We shall see in a couple of weeks what it will be.
That sounds very strange why have three small ones, when you can have one big.
QT has a lot to do with Nokia phones, Nokia will base its new phone interface on QT.
@Guest: The 3 small ones are for Nokia Corp. I haven’t checked the sizes of Nokia Norge (Qt) or NSN to see if they may have the room for some announcements. It is just a waiting game that is all.
Can anyone deny this news? We will not see even the N9 in the MWC? =(
the news is from eldar. its really up to you to speculate.
his exact words are that nokia no longer has the cash and “wont be in MWC”.
i can’t see how nokia would have run out of cash – most probably that they spend so much money on nokia world, which has only just passed.. so more likley they dont want to spend the cash on MWC
Only idots would believe Elda as a troll and liar.
Nokia have been making profitable business in phone and it had at least 5 billion cash in euro excluding debt, when I checked the Nokia\s earning report last time. How come Nokia don\t have money and are going backcrupt!
I agree. I guess people here don t look at financial statements but nokia has billions of dollars of cash on their balance sheet.
@Alex68: The N9 will be present at MWC?
I can’t straight deny it, but check out the decription from the Keynote from Mr Elop… sounds like Mr Elop is going to say something to me!!
Description
As consumer electronics (CE) devices throughout the home and workplace become endowed with wireless connectivity, a new frontier for mobile is unveiling itself. Exciting times are undoubtedly ahead for the CE industry, but the question remains: how can mobile operators and CE manufacturers best work together to deliver on the promise of a market where devices can be connected virtually anywhere in the world? What does it take to develop a truly compelling connected lifestyle device, from business model to actual service delivery?
Perhaps lying at the heart of the business challenge for CE is the consumer experience. The holy grail is an unrivalled out-of-the-box user experience but the reality is a complex mesh of billing, security and network implications. Keeping consumers inspired and engaged through intuitive products while managing millions, even billions, of connected devices, each with their own unique requirements, is a very real challenge, but not insurmountable.
In this session, the companies leading the move to a truly connected world will discuss the critical issues that need to be addressed for this market to reach its true potential.
Moderator: Ben Wood, Research Director, CCS Insight
Speakers Include:
Stephen Elop, President & CEO, Nokia
Ryuji Yamada, President & CEO, NTT DOCOMO
Dr Paul Jacobs, Chairman & CEO, Qualcomm
Jim Balsillie, Co-CEO, Research In Motion
they may hire a separate hall outside MWC and launch devices, other companies have done that earlier.. why not Nokia ?
But again, its purely specualtive.. lets just wait and watch..
IIRC Nokia actually rented a space outside of MWC last year already, so they may well do it again.
“Deliver our first Maemo 6-powered mobile computer, with an iconic user experience, in the second half of 2010;”
Sad, so very sad.
From an investors perspective I would pull my investment and don’t invest anymore unless some very strict rules and deadlines are implemented.
Remember, that was before the Meego partnership with Intel was announced. So, without Meego they _might have_ met that target.
They should have stuck with Maemo. This partnership business looks to be another SF on the cards.
Pull it back in house, Mr Elop.
Not sure about that, Nokia can target just a few markets with Maemo; Handsets, tablets and perhaps netbooks.
With the backing of Intel it should (mind you; theoratically speaking) make it easier to break into different markets.
I must admit that with the recent developments like Windows going ARM and Nvidia developing great stuff with the Tegra2 it seems that partnering with Intel could be a move that didn’t need to made.
Especially when you consider that MeeGo was meant to ride well on X86 stuff.
The future shall tell, untill then we can’t do much more than wait and buy some MeeGo love.
Intel isn’t Samsung, SE and other half interested companies that where slowing SF down.
Intel knows open-source, pays lots of developers, pull a lot of weight in almost all sectors and most importantly, they are not competing with Nokia.
All in all I think they are a perfect partner. Yes, merging Moblin and Maemo set both of them back but in the end I think it’s going to be worth it.
Maemo6 was supposed to be launched in the 2nd half of 2010 but the plans were shelved when the Meego announcement was made in Feb.
Symbian3 was scheduled for the mid year 2010 and Symbian4 was for the year end. And when it was clear, Symbian Foundation would fail with the deadlines, Nokia took the responsibilities and closed Symbian Foundations…
All N97 owners look at http://www.facebook.com/#!/nokiaaustria?v=wall that… Nokia Austria says officially to Georg Königsdorfer that there will not come anymore updates to N97 and that means for N97 mini too.
According to this link, it will be:
http://www.symbiantweet.com/nokia-n97-and-nokia-n97-mini-firmware-update-expected
Are there any working N97(mini)s left that have not been thrown at a wall by their frustrated owners? If I still had mine it definitely would be a brick by now (pun intended). Ergo: It doesn’t matter that there won’t be anymore updates for them.
yeah your link is old older oldest
sorry but as a owner i am really frustrated
it was in the news here on this blog (i think first) too.
my information ist from Nokia Austria so really official and the guys from nokia write there that they asked their colleagues on this topic.
i think nokia pranked us with their “flagship” seems like it was a fishing cutter from the beginning.
sorry for the double posting.
my n97 mini wants a kiss from a wall to:)
N97 was an older model than N97-mini,so you can’t say there will no further updates just because N97 may not have more.
Also, I am currently in China on business trip and my client is using N97-mini daily as his only phone and he is not frustrated with it.
yeah your link is old older oldest
sorry but as a owner i am really ******.
it was in the news here on this blog (i think first) too.
my information ist from Nokia Austria so really official and the guys from nokia write there that they asked their colleagues on this topic.
i think nokia pranked us with their “flagship” seems like it was a fishing cutter from the beginning.
What they said this time?
we will come to know only on 11th february..
I think we may hear some numbers conserning the N8. Some HUGE numbers (hopefully)!