Nokia: Windows Phone project needs more time

Nokia: Windows Phone project needs more time"
Nokia - luminescent future ahead?

2012 will be a frugal year for Nokia as it concedes that it will take a lot of time for it to turn a profit following its major transition from ailing Symbian phone hawk to Windows Phone partner.

The comments come from Nokia chairman Jorma Ollila, speaking after the company reported a loss of €1.4 billion in 2011 but remaining adamant that the company will ensure that Windows Phone becomes one of the top three mobile OSes and Nokia one of the top three manufacturers.

"For a significant part of the year the transition will be seen in the results," he told Finnish broadcaster YLE.

The best is yet to come

Nokia announced that it would be partnering with Microsoft in February 2011 and despite a year's worth of work, is yet to see the monetary fruits of the union.

"Nokia will make it into the three, it's completely obvious and the first signs are already there. None of the operating systems have taken off quickly. It will take time, as we have seen, and as was expected.

"When looking at the bigger picture, it shows that three operating systems will dominate in the near future and each of them will have one strong manufacturer, with Nokia having a very good chance to be one of the three," he concluded.

Poor financial results can easily give way to pessimism and doom-sayers, but we actually think Nokia's right about its brightening future – at the very least, the fire on that burning platform is out. Now it's just a reconstruction job.

From Yahoo

TOPICS
News Editor (UK)

Former UK News Editor for TechRadar, it was a perpetual challenge among the TechRadar staff to send Kate (Twitter, Google+) a link to something interesting on the internet that she hasn't already seen. As TechRadar's News Editor (UK), she was constantly on the hunt for top news and intriguing stories to feed your gadget lust. Kate now enjoys life as a renowned music critic – her words can be found in the i Paper, Guardian, GQ, Metro, Evening Standard and Time Out, and she's also the author of 'Amy Winehouse', a biography of the soul star.

Latest in Nokia Phones
Composite of three new Nokia phones
3 new retro-inspired Nokia phones will have you rocking out like it’s the 2000s
Nokia G42 in So Purple color
Nokia G42 combines repairability and 5G connectivity in a handsome purple package
Nokia 5710 Xpress Audio with earbuds pictured on the screen
Nokia’s new phone is like a 3310 with earbuds built into the back – and I love it
A Nokia G60 5G from the front and back
A trio of cheap phones from Nokia have landed, with eco-friendly credentials
The Nokia G11 from the back, in someone's hand
Nokia G11 review
A Nokia G21 from the front, showing the home screen
Nokia G21 review
Latest in News
DeepSeek
Deepseek’s new AI is smarter, faster, cheaper, and a real rival to OpenAI's models
Open AI
OpenAI unveiled image generation for 4o – here's everything you need to know about the ChatGPT upgrade
Apple WWDC 2025 announced
Apple just announced WWDC 2025 starts on June 9, and we'll all be watching the opening event
Hornet swings their weapon in mid air
Hollow Knight: Silksong gets new Steam metadata changes, convincing everyone and their mother that the game is finally releasing this year
OpenAI logo
OpenAI just launched a free ChatGPT bible that will help you master the AI chatbot and Sora
An aerial view of an Instavolt Superhub for charging electric vehicles
Forget gas stations – EV charging Superhubs are using solar power to solve the most annoying thing about electric motoring