fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Nokia cuts Symbian smartphones shipment

Nokia is supposed to finally stop shipment of smartphones using Symbian OS. The company is betting its future solely on Microsoft Windows platform. The Symbian OS which was the worlds leading operation system and looked untouchable few years ago, now would be stopped from usage. The Finnish firm was loosing grip on market innovations as the first Apples iPhone launched. Furthermore, Google came up with Android to significantly diminish Nokias market share to the point that now company is relying on Microsofts rival software.

Nevertheless, Symbian is still present with a minimum market share in many major markets but was quickly surpassed by Nokia Lumia series of Windows based smartphones. The latest model of the series Nokia Lumia 925 would be out on the European market this week.

Nokia said to Financial Times: “It took 22 months to get a Symbian phone out of the door. With Windows Phone, it is less than a year. We spend less time having to tinker with deep-lying code and more time on crafting elements of the experience that make a big difference, such as around photography, maps, music and apps in general.”

The Symbian based smartphone sales have been highly disappointing since the market overtake by Apple and Google. Market share of Nokia Corporation has been plunging 15.57% year to date.

Nokia is expected not to report shipment halt as the company is looking to sell its remaining stock of devices.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News