Nokia Makes Sweeping Organizational Changes
In concert with its changed smartphone strategy, Nokia announced that it will re-organize its internal structure moving forward. Nokia will now have two main units: Smart Devices, and Mobile Phones. The Smart Devices unit will be responsible for Windows Phone 7, Symbian and MeeGo products and it will be led by Jo Harlow. The Mobile Phones unit will be responsible for low-cost products aimed at developing markets and it will be led by Mary McDowell. Nokia has also re-cast its leadership chart. The Nokia Leadership Team includes Stephen Elop, Esko Aho, Juha Akras, Jerri DeVard, Colin Giles, Rich Green, Jo Harlow, Timo Ihamuotila, Mary McDowell, Kai Oistamo, Tero Ojanpera, Louise Pentland and Niklas Savander. The organizational changes go into effect starting April 1.
Microsoft Debuts Entry-Level Nokia 130 Handset
Microsoft today announced the Nokia 130, a simple, inexpensive handset meant for first-timers and emerging markets. The candybar-style phone runs the Series 30 platform and includes a 1.8-inch screen, stereo headphone jack, Bluetooth 3.0, and support for memory cards up to 32GB.
Microsoft Makes Branding Change Official
Microsoft today indicated its branding transition from Nokia Lumia to Microsoft Lumia is progressing as planned. Microsoft has slowly been rebranding apps, services, and web sites from Nokia to Microsoft.
Microsoft's Jo Harlow to Depart, Too
Microsoft has confirmed that Jo Harlow, head of the company's mobile phones, will leave alongside device chief Stephen Elop in the weeks ahead. Harlow began at Nokia in 2003 and played a role in Nokia's switch to Windows Phone in 2011.
Nokia to Pare Down Its Technologies Unit
Nokia today said it intends to cut about 70 jobs from its Technologies unit. "Nokia Technologies has revised its long-term strategy and will consequently reshape [the] organization.
NOKIA: FUTURE IS DEAD (SELL YOUR STOCK)