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Wednesday, June 1, 2011

Nokia lowers Q2 outlook, promises WP7.5 smartphones in Q4

Nokia lowers Q2 outlook, promises  WP7.5 smartphones in Q4

Nokia revised its smartphones and services outlook for Q2 and full 2011 and there are some good news and some bad news to investors and users alike. The company will generate substantially less revenue from smartphones and services in Q2, but the Windows Phone smartphone development is going ahead of schedule. With the sales of the Nokia current portfolio apparently not going according to plan the company says that it wonÂ't be able to achieve its target revenue of €6.1 billion.

GSM Arena, Nokia lowers Q2 outlook, promises WP7.5 smartphones in Q4

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