Today in Mobile

The once-dominant Finnish handset maker continued to struggle in the first quarter of 2012, posting a $1.7 billion loss despite $9 billion in sales. Nokia CEO Stephen Elop admitted sales of the much-hyped Lumia line have been “mixed,” and EVP of Sales Colin Giles stepped down after just one year on the company’s 14-person leadership team. It’s dangerous to read too much into any of these developments, of course, but as the company continues to founder one thing is clear: For the foreseeable future, at least, the company’s prospects hinge on the success of the new Lumia 900.

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Colin Gibbs

Colin Gibbs

Founder and Principal Peak Mobile Insights

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