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Thursday, May 6, 2010

Nokia CEO says new 2010 devices should help close the gap with smartphone competitors

NokiaAt Nokia's AGM today, company CEO Olli-Pekka Kallasvuo told shareholders that Nokia had built a solid foundation for future success.

He said "By combining services with devices, Nokia is in a stronger position to grow and create more value for our shareholders. We still have plenty of work to do, but we have built a solid foundation. We believe in our strategy."

Mr Kallasvuo also said Nokia is planning to introduce a new generation of devices this year that he expects will help close the gap with high-end smartphone competitors.

"Our approach has been to concentrate on fewer, competitive products that bring the features of Symbian-based smartphones to more and more people around the world. And we are well on our way to doing that."

In addition, he quoted some key statistics to emphasise Nokia's achievements:

- about 83 million people worldwide are registered active users of Nokia services;

- the Ovi Store currently averages about 1.7 million downloads a day;

- Ovi Mail, which is targeted at first-time email users, has grown at around 1 million users per month and how has 8 million subscriptions;

- as previously reported, Nokia's free navigation software has been downloaded more than 10 million times since January;

- Nokia Life Tools, which provides people in India and Indonesia with agricultural information, educational services and entertainment, has attracted more than 1.5 million paying subscribers within a year; and

- Nokia sold 432 million devices worldwide in 2009, more than its top three competitors combined.

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Author: The Fonecast
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