Nokia struggles in Q2 due to iPhone effect

Apple is squeezing Nokia, which remains the world's largest mobile phone maker, but has experienced a tough second quarter.

As it reported its Q2...

Apple is squeezing Nokia, which remains the world's largest mobile phone maker, but has experienced a tough second quarter.

As it reported its Q2 2010 results Nokia said it expects Devices & Services net sales to be at the lower end of, or slightly below, its previously expected range of €6.7bn (£5.56bn) to €7.2bn for the second quarter 2010.

Commenting on the results, Nick Jones, a distinguished Gartner analyst, wrote on his blog, "Symbian user experience won't be fixed this year, and Meego won't arrive in time to make a difference in 2010 either."

Jones said 2010 would be a significant year for the phone-maker, since it needed to tackle the high end smartphone market with devices that can compete with Android.

He added that Nokia needs to ship its Apple-beating ultra-high-end device, which is intended to come from the Meego team, plus it has to attract more users and more developers to its Ovi app store to jump start the virtuous cycle that app stores and ecosystems need.

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