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Subject: Nokia to outsmart Google with new s
Replies: 30 Views: 5566

xolracx 13.02.11 - 08:20am
Nokia and Microsoft teamed up on Friday to build an iPhone killer in a desperate attempt to take on Google and Apple in the fast-growing smartphone market. * +

xolracx 13.02.11 - 08:23am
Shares in the world's largest cellphone maker fell sharply on uncertainty about the financial impact of Nokia's new chief executive Stephen Elop's strategic u-turn which will use Microsoft's Windows Phone software in its smartphones. * +

xolracx 13.02.11 - 08:24am
It is now a three-horse race, said Elop, who was recruited from Microsoft last September to turn Nokia around. * +

xolracx 13.02.11 - 08:24am
The deal marks a potential breakthrough for Microsoft, which should get its software into upwards of 30million smartphones sold by Nokia every quarter, but the software company's shares fell slightly as investors considered its merits. * +

xolracx 13.02.11 - 08:25am
This is all going to be about execution, said Michael Gartenberg at research firm Gartner. Can they get US carriers excited about a Windows device that's built by Nokia? * +

xolracx 13.02.11 - 08:26am
''They made the leap, but that just buys you a few seconds. Now you have to decide what happens when you hit the water. Nokia plans to use Microsoft's Bing search engine across its cellphones, a huge boost for Microsoft as it seeks to challenge Google as the world's leading search engine. * +

xolracx 13.02.11 - 08:26am
The partnership will mean thousands of job cuts at Nokia globally,with a dramatic reduction in research and development spending. * +

xolracx 13.02.11 - 08:27am
Investors were unconvinced by Elop's new strategy, and Nokia shares tumbled 10 after it said 2011 and 2012 would be transition years, fuelling fears of a margin hit. * +

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