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Nokia and Carl Zeiss extend cameraphone deal,
(Reuters) - Nokia and lens-maker Carl Zeiss agreed an exclusive deal to make high-end cameraphones, and said a new top-of-the-range model would be launched this month.
The companies on Wednesday said the deal will run for several years, which Nokia hopes will help it compete more effectively against other smartphones, including Apple's iPhone, which have been grabbing market share.
IDC analyst Francisco Jeronimo said the deal was good for the Finnish mobile phone maker as cameras are playing an increasingly crucial role in smartphones.
"Manufacturers will continue to improve the cameras with higher resolutions, better focus, and several other features to differentiate their devices on a crowded market where touch screen smartphones look alike," Jeronimo said.
Separately, Nokia said the first model using its new PureView camera technology will go on sale this month. It uses a Carl Zeiss sensor with 41 megapixels, significantly more than those in advanced cameras used by professional photographers.
Analysts have said the new model may be hard to sell as it uses Nokia's old Symbian operating system, which the company is phasing out, although Nokia plans to adopt the camera technology for its new Windows Phones system in the future.
"We're going to carry on developing PureView for our future smartphones," said Jo Harlow, Head of Smart Devices at Nokia.
http://best-mobile-operator-review.blogspot.in/
http://best-Mobile-Handset-mobile-review.blogspot.in/
Nokia and Carl Zeiss extend cameraphone deal,
The companies on Wednesday said the deal will run for several years, which Nokia hopes will help it compete more effectively against other smartphones, including Apple's iPhone, which have been grabbing market share.
IDC analyst Francisco Jeronimo said the deal was good for the Finnish mobile phone maker as cameras are playing an increasingly crucial role in smartphones.
"Manufacturers will continue to improve the cameras with higher resolutions, better focus, and several other features to differentiate their devices on a crowded market where touch screen smartphones look alike," Jeronimo said.
Separately, Nokia said the first model using its new PureView camera technology will go on sale this month. It uses a Carl Zeiss sensor with 41 megapixels, significantly more than those in advanced cameras used by professional photographers.
Analysts have said the new model may be hard to sell as it uses Nokia's old Symbian operating system, which the company is phasing out, although Nokia plans to adopt the camera technology for its new Windows Phones system in the future.
"We're going to carry on developing PureView for our future smartphones," said Jo Harlow, Head of Smart Devices at Nokia.
Raj Rajput [ MBA ]
Mobile Reviews Expert
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http://best-mobile-operator-review.blogspot.in/
Bruce D. Hoechner, President and CEO
Robert C. Daigle, Senior Vice President and CTO
Dennis M. Loughran, Vice President Finance and CFO
A Q&A session will immediately follow management's comments.
To participate in the conference call, please call:
1-800-574-8929 Toll-free in the United States
1-973-935-8524 Internationally
There is no passcode for the live teleconference.
For playback access, please call: 1-855-859-2056 in the United States
and 1-404-537-3406 internationally through 11:59PM (Eastern Time),
Wednesday, May 9, 2012. The passcode for the audio replay is 74533332. The call will also be webcast live in a listen-only mode. The webcast
may be accessed through links available on the Rogers Corporation website
at http://best-mobile-operator-review.blogspot.in/ Replay of the archived webcast will be available
on the Rogers website approximately two hours following the webcast.
Condensed Consolidated Statements of Operations (Unaudited)
Three Months Ended
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) March 31, March 31,
2012 2011
------------------------------------------------ --------------- ---------------
Net sales $ 121,373 $ 135,928
Cost of sales 84,932 93,386
---------- ----------
Gross margin 36,441 42,542
Selling and administrative expenses 24,393 24,101
Research and development expenses 5,348 5,209
Restructuring and impairment charges 7,384 -
---------- ----------
Operating income (loss) (684) 13,232
Equity income in unconsolidated joint ventures 657 1,428
Other income (expense), net (140) 1,351
Net realized gain (loss) (3,245) 2
Interest income (expense), net (1,190) (1,579)
---------- ----------
Income (loss) before income taxes (4,602) 14,434
Income tax expense (benefit) (2,902) 3,369
---------- ----------
Income (loss) from continuing operations (1,700) 11,065
Loss from discontinued operations (108) (1,631)
---------- ----------
Net Income (loss) $ (1,808) $ 9,434
----- ---------- ----- ----------
Basic net income (loss) per share:
Income (loss) from continuing operations $ (0.10) $ 0.70
Income (loss) from discontinuing operations $ (0.01) $ (0.10)
----- ---------- ----- ----------
Net income (loss) $ (0.11) $ 0.60
Diluted net income (loss) per share:
Income (loss) from continuing operations $ (0.10) $ 0.67
Income (loss) from discontinuing operations $ (0.01) $ (0.10)
----- ---------- ----- ----------
Net income (loss) $ (0.11) $ 0.57
Shares used in computing:
Basic 16,232,856 15,893,475
Diluted 16,232,856 16,528,710
Condensed Consolidated Statements of Financial Position
(Unaudited)
(IN THOUSANDS) March 31, 2012 December 31, 2011
------------------------------------------------------------------------------- ---------------- ------------------
Assets
Current assets:
Cash and cash equivalents $ 93,517 $ 79,728
Accounts receivable, net 77,687 77,682
Accounts receivable from joint ventures 1,727 1,640
Accounts receivable, other 3,536 3,819
Taxes receivable 2,843 2,713
Inventories 81,347 78,320
Prepaid income taxes 4,418 4,315
Deferred income taxes 1,820 2,146
Asbestos related insurance receivables 6,471 6,459
Assets held for sale 1,400 1,400
Other current assets 10,207 7,360
Assets of discontinued operations - 50
------- --------
Total current assets 284,973 265,632
Property, plant and equipment, net 148,368 148,182
Investments in unconsolidated joint ventures 21,637 23,868
Deferred income taxes 22,881 20,117
Goodwill and other intangibles 160,817 158,627
Asbestos related insurance receivables 21,261 21,943
Long term marketable securities - 25,960
Investments, other 5,000 5,000
Other long term assets 8,409 8,299
------- --------
Total assets $ 673,346 $ 677,628
------- ------- -------- --------
Liabilities and Shareholders' Equity
Current liabilities:
Accounts payable $ 17,208 $ 15,787
Accrued employee benefits and compensation 34,712 30,135
Accrued income taxes payable 639 1,799
Current portion of lease obligation 1,634 1,596
Current portion of long term debt 25,750 7,500
Asbestos related liabilities 6,471 6,459
Other current liabilities 10,536 15,368
Liabilities of discontinued operations - 153
------- --------
Total current liabilities 96,950 78,797
Long term debt 95,500 115,000
Long term lease obligation 7,540 7,610
Pension liability 58,871 68,871
Retiree health care and life insurance benefits 9,486 9,486
Asbestos related liabilities 21,468 22,326
Non-current income tax 18,176 17,588
Deferred income taxes 19,562 19,259
Other long term liabilities 567 435
Liabilities of discontinued operations - -
Shareholders' equity 345,226 338,256
------- --------
Total liabilities and shareholders' equity $ 673,346 $ 677,628
------- ------- -------- --------
Notes to Reconciliation of Non-GAAP Financial Measures to the Comparable GAAP
Financial Measures
Management believes non-GAAP information provides meaningful supplemental
information regarding the Company's performance by excluding certain expenses
that are generally nonrecurring and accordingly may not be indicative of the
core business operating results. Rogers believes that this additional financial
information is useful to management and investors in assessing the Company's
historical performance and liquidity and when planning, forecasting and analyzing
future periods.
Raj Rajput [ MBA ]
Mobile Reviews Expert
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Mobile Opreter,
China China Mobile ,
United Kingdom Vodafone,
India Airtel,
Mexico América Móvil ,
Spain Telefónica (Movistar, O2 & Vivo)
France Orange,
Norway Telenor,
Russia Beeline,
Singapore SingTel,
Malaysia Axiata Group Berhad,
China China Unicom,
Finland/Sweden TeliaSonera,
Saudi Arabia Saudi Telecom Company (STC)
South Africa MTN Group
United Arab Emirates Etisalat ,
India Reliance Communications ,
Germany T-Mobile ,
United States Verizon Wireless ,
Russia MTS ,
United States AT&T Mobility
China China Telecom,
Indonesia Telkomsel,
India Idea Cellular,
India BSNL,
India Tata Teleservices,
Italy Telecom Italia / TIM
Malaysia Maxis Communications
Turkey Turkcell
Qatar Qtel
China China Mobile ,
United Kingdom Vodafone,
India Airtel,
Mexico América Móvil ,
Spain Telefónica (Movistar, O2 & Vivo)
France Orange,
Norway Telenor,
Russia Beeline,
Singapore SingTel,
Malaysia Axiata Group Berhad,
China China Unicom,
Finland/Sweden TeliaSonera,
Saudi Arabia Saudi Telecom Company (STC)
South Africa MTN Group
United Arab Emirates Etisalat ,
India Reliance Communications ,
Germany T-Mobile ,
United States Verizon Wireless ,
Russia MTS ,
United States AT&T Mobility
China China Telecom,
Indonesia Telkomsel,
India Idea Cellular,
India BSNL,
India Tata Teleservices,
Italy Telecom Italia / TIM
Malaysia Maxis Communications
Turkey Turkcell
Qatar Qtel
All Aviation News
All Aviation News By :
Maani Sharma [MBA Aviation]
Manager Aviation News Project
Maani Sharma [MBA Aviation]
Manager Aviation News Project
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The technology world is a fickle beast. One minute, you’re king of the hill;
the next you’re on the scrapheap. Consumers have an insatiable appetite for
shiny and new, while products and service makers feed into this hunger by
launching new versions on a regular basis. In light of this here today, gone tomorrow reality, it would be easy to
dismiss Research in Motion as irrelevant given how far the BlackBerry has
tumbled in the past couple of years. Once the dominant smartphone player,
the BlackBerry is scrambling to stick around amid intense competition from
Apple and Samsung. Perhaps the most important day in RIM’s history happened yesterday when
the company held its annual developers conference that provided a glimpse
of its next-generation operating system, BB10. While the media coverage
was mixed, it offered some reason for optimism that RIM will not go down
without a fight. With this in mind, there are five reasons why the BlackBerry isn’t doomed. 1. BB10 is a huge step forward for the BlackBerry. After some embarrassing
fits and starts, it looks pretty good that the new OS will, in fact, be
launched later this year. This will provide the BlackBerry with a huge
boost given it has been trying to compete against Apple and Google‘s
Android with an outdated OS. 2. With a new CEO, Thorsten Heins, at the helm, RIM will benefit from a
refreshed corporate culture. For years, RIM was ruled by co-CEOs Mike
Lazaridis and Jim Balsillie. While they oversaw tremendous growth, their
dominant management style also made it difficult to new and innovative ideas
to emerge and flourish. 3. RIM will benefit from much better marketing, particularly if it hires a
top-notch chief marketing officer. For too many years, RIM relied on its
stature as the world’s leading smartphone. It meant marketing was not a
corporate priority, which is one of the many reasons why Apple was able
to gain so much traction quickly with the iPhone. In the tech world,
perception is reality so RIM left itself vulnerable by not having a
creative and progressive approach to marketing. 4. The launch of new BB10-powered devices will be a huge difference
because many consumers have been less than enthused about RIM’s hardware
line-up. It’s like looking at under-powered 2011 cars when you know the
2012s are around the corner. As well, BB10 has the potential to give the
much-beleaguered PlayBook a shot in the arm, and, as important, let RIM
move into new markets and establish partnerships with all smartphone makers. 5. Unlike many struggling high-tech companies, RIM has no debt and, for the
time being, lots of cash. This gives it some time to get its act together
without having to make desperate moves. It will let management place its
bets that could be rewarded if the right pieces fall into place. Don’t get me wrong, RIM has unfortunately found itself in a challenge
and difficult situation. While many critics have already written RIM
off, the patient is still breathing so it’s not out of the question
it could come back to health.
Raj Rajput [ MBA ]
Mobile Reviews Expert
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Raj Rajput [ MBA ]
Mobile Reviews Expert
On Line Assistence :
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All Aviation News
All Aviation News By :
Maani Sharma [MBA Aviation] Manager Aviation News Project
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