Nokia Corp. unveiled its first cell phone developed with China’s homegrown third-generation mobile technology Tuesday, saying it would aim to “democratize” the smart phone market by aiming to sell lower-priced handsets at higher volumes.
All ears will be on what Motorola has to say about phones using Google’s Android operating system when the company reports Q2 earnings this Thursday, writes Broadpoint/Amtech analyst Mark McKechnie in a note to clients today. McKechnie has a “Neutral” rating on the stock and believes the business excluding handsets–meaning embedded and networking products–is worth about $5 per share, with the rest of the value being an “option” on success with Google down the road.
Apple is about to remove the shackles from developers of applications for the iPhone.
While iPhone users have mostly praised the steady stream of games, guides and other programs released thus far, many developers have been frustrated by their inability to do more, such as allow users to purchase digital content within an application.
U.S. telecom executives are cautious about speaking their minds when it comes to tech heavyweights like Apple and Google, but not Mikhail Shamolin, president of MTS, Russia’s largest cellphone company.
In an interview with Wall Street Journal editorial staff, he said the negotiations to bring the iPhone to Russia last fall were like “the negotiations of a junkie and a narcotics salesman,” because of the pent-up demand for the device.
Earlier this year Lego and Digital Blue announced combined efforts that would yield a variety of Lego-centric electronics aimed at kids. Slated to be released by this Summer, the announcement included details on a digital camera, a walkie talkie and an MP3 player – nothing too crazy.
Retailers from Amazon to Real have launched their own DRM-free MP3 music stores in recent years. Faced with the competition, Apple finally put the last nail in the coffin of à la carte music DRM earlier this month with the iTunes Store, but don’t tell Microsoft. The world’s largest software maker just launched a mobile phone-based music store in the U.K. that charges nearly twice the price for media while offering even fewer rights.
Worldwide mobile phone sales grew only five percent in the third quarter–a disappointing performance in the sector, and the lowest since 2002. Only Apple and Samsung stood out from the pack. It makes perfect sense that large screen TV sales would slump heading into a recession, but mobile phones? Maybe consumers are bored. Sales are expected to jump slightly during the holiday season.
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