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Nokia again rumored to sell smartphone business to Microsoft  Rumors again surfaced on Wednesday suggesting that Nokia plans to sell its smartphone business to Microsoft. Danske Bank, Denmark’s largest bank, issued a report to clients Wednesday morning that said Nokia will sell its smartphone division to Microsoft during the first half of 2012. Danske raised its rating on Nokia stock to Buy from Hold, and shares rose more than 3% on the news. Similar r [..] |
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Nokia is bullish on touchscreens; new devices rumored  Holy rumor avalanche. Subscribing to the buckshot method as opposed to the bullet method, TheStreet has just tossed out a whole mess of Nokia rumors to ensure that at least a one or two of them hit. Let?s start at the top? Despite a stunning lack of interest throughout the lifespan of Nokia?s internet tablet [...] [..] |
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| Nokia?s rumored 10-inch Windows 8 tablet reportedly coming in Q4 Nokia and Microsoft plan to continue their mobile partnership by entering into the tablet race, DigiTimes reported on Monday. According to the publication, Nokia will release a 10-inch Windows 8-powered tablet with a dual-core Qualcomm Snapdragon chip in the fourth quarter of 2012. “Nokia is expected to outsource production of the 10-inch tablets to Compal Electronics with the first batch of [..] |
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Nokia, Siemens bail on effort to sell Nokia Siemens Networks  Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like LG and ASML of European handset market descending into a slump and sell [..] |
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Nokia to sell luxury Vertu subsidiary  Nokia is working with Goldman Sachs to arrange the sale of its luxury phone subsidiary Vertu. It remains unclear exactly how much Vertu is worth, Reuters said Thursday, but the company typically earns Nokia an estimated $268-$402 million in annual revenue. Vertu is best known for its expensive handsets that feature luxuries such as sapphire crystal keys, gold accents and prices that reach several [..] |
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Nokia to sell QT commercial licensing rights to Digia  In a recent press release, mobile device giant Nokia announced a tentative, signed agreement that will jettison the commercial licensing rights of the Qt development platform to Digia. “Through the proposed acquisition, around 3500 desktop and embedded customer companies from various industries are targeted to be transferred to Digia,” reads the announcement. “The transaction is [..] |
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| Nokia to sell 2 million Lumia phones in Q4, Deutsche Bank says Fourth-quarter sales of Nokia’s new Lumia line of smartphones will reach 2 million units, Deutsche Bank reaffirmed this week. Nokia’s stock took a hit this week as a number of analysts cast a shadow on its debut Windows Phone-powered smartphones. Pacific Crest’s James Faucette cut his sales estimates this quarter from 2 million units to just 500,000, and Bernstein Research analys [..] |
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Not so fast: Nokia Flagship stores not yet ready to sell 5800 NAM  So close? And yet so far. Yesterday we reported that Nokia Flagship stores had received shipments of the kind-of-not-really highly sought-after 5800 XpressMusic NAM, but eager Symbian fans who made it down to the NYC shop were in for a pretty unpleasant surprise. Oh, we weren?t wrong - Nokia?s stores did indeed receive shipments of [...] [..] |
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Side-by-side comparison shots of rumored box art for the (just leaked) PSP Go and a rumored slimline PS3 are turning online heads today, as both feature a nearly identical design. The comparison -- slapped together by PlayStation LifeSty [..]
The NYT reports that Nokia plans to sell its wireless modem business to Japanese company Renesas for $200 million. The NYT cites falling prices (the average cost of a modem is down to 30? from 120?) and competition from Chinese… [..]
Nokia (NOK) is readying a touchscreen smartphone to take on Apple's (AAPL) iPhone. Few details exist. One obvious one: The phone, code-named "Tube," will run Symbian, the market-leadin [..]
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