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Phone Arena
an hour ago
- Phone Arena
Nokia's profit prediction for 2025 is down by $300 million
Where does the money come from? Should Nokia start making phones again? Yes, that'd be great! It's a bad idea. Only if newer models are as tough as the Nokia 3310. Yes, that'd be great! 0% It's a bad idea. 0% Only if newer models are as tough as the Nokia 3310. 0% What's the 2025 forecast? Is the weaker US dollar and (or) growing pressure from trade tariffs to blame here? Certainly, according to new CEO Justin Hotard, who said the dollar's decline hurt both day-to-day operations and the value of Nokia's investment funds. Receive the latest mobile news By subscribing you agree to our terms and conditions and privacy policy – Nokia CEO Justin Hotard, July 2025 The announcement came during its Adding to the pressure are tariffs tied to US trade policies. Although the Trump administration's new tariffs on European goods are not expected to take effect until August 1, Nokia is already feeling the impact. Hotard noted that even the threat of additional tariffs has been enough to disrupt business. So, Q2 results fell short of expectations. Nokia reported $267 million in profit and net income of just $94 million from continuing operations – both significantly down from the same quarter last year ($435 million). Following the earnings news, Nokia's stock dropped nearly 4%, which is not a small number. Maybe Nokia should start making smartphones again. Is the weaker US dollar and (or) growing pressure from trade tariffs to blame here? Certainly, according to new CEO Justin Hotard, who said the dollar's decline hurt both day-to-day operations and the value of Nokia's investment announcement came during its Q2 earnings release , where the company said it now expects operating profit to land between $1.9 billion and $2.5 billion – down from the earlier range of $2.2 billion to $2.8 to the pressure are tariffs tied to US trade policies. Although the Trump administration's new tariffs on European goods are not expected to take effect until August 1, Nokia is already feeling the impact. Hotard noted that even the threat of additional tariffs has been enough to disrupt Q2 results fell short of expectations. Nokia reported $267 million in profit and net income of just $94 million from continuing operations – both significantly down from the same quarter last year ($435 million). Following the earnings news, Nokia's stock dropped nearly 4%, which is not a small Nokia should start making smartphones again. Grab a Moto razr 2024 for free! Switch to Total Wireless and buy 2 months of a 5G Unlimited plan to score the phone free! We may earn a commission if you make a purchase Check Out The Offer As you very well know, Nokia doesn't make phones anymore – which will be a cruel, mind-blowing fact to a time traveler from the year 2000. But the company doesn't make that much profit as well – at least, not as much as previously projected. Nokia had to lower its full-year 2025 profit forecast by approximately $300 put, Nokia builds the tech that powers the internet and mobile networks. In 2025, it's focused on helping phone carriers, big cloud companies, and businesses with 5G, fiber, and data center infrastructure. Nokia also works with factories, airports, and other industries to bring them private wireless networks. The company recently bought a firm called Infinera to boost its fiber and optical networking business, especially in North company also makes money by licensing its patents to phone makers and other tech companies. It holds thousands of patents for things like 5G and Wi-Fi.
GSM Arena
19 hours ago
- GSM Arena
Galaxy Tab S11, S11 Ultra, and S10 Lite get certified in Korea, live images ensue
Samsung is going to be launching three new tablets in the coming months, and all three of them have now been certified by Safety Korea, an obviously necessary step on their path to becoming official. The certification process has revealed one live image for each tablet, showing the front, but as usual with certification photos, these aren't the highest quality by any stretch of the imagination. The Galaxy Tab S11 has similar dimensions to the Tab S9 and Tab S10 FE, and comes with its selfie camera embedded in the screen bezel. Samsung Galaxy Tab S11 The Tab S11 Ultra, on the other hand, has much slimmer bezels all-round, and comes with an interesting design change vs. its predecessor - a much smaller, U-shaped notch for the selfie camera. That, however, comes at the cost of one camera - whereas the Tab S10 Ultra has two, its successor will have to make do with one. Samsung Galaxy Tab S11 Ultra Finally, the Galaxy Tab S10 Lite has a very similar overall design language to the S11, but should be lower-end, as the name implies, with a much cheaper price to match. Samsung Galaxy Tab S10 Lite Past rumors told us to expect these three to become official around September or October, so there's still plenty of time left for them to leak some more. Stay tuned for that. Via 1 | Via 2
Phone Arena
19 hours ago
- Phone Arena
Google Pixel Watch 4 will reportedly debut a new side-mounted charging system
A new round of leaks suggests that Google is taking a different approach to charging with the Pixel Watch 4. According to a new report, the upcoming smartwatch will include a redesigned, side-mounted charging system that sets it apart from earlier Pixel Watch models. In this new system, Google has reportedly shifted the charging contacts from the back of the device to the left side, which is the opposite side of the digital crown. Renders show an indentation with two charging pins, and unlike past Pixel Watches, there will be no charging contacts on the back of the device. That space is now occupied by a new array of health sensors, similar to the ones found on the Pixel Watch 3. The design change could offer a more practical benefit. Since the watch will now rest on its side while charging, users will be able to check battery levels more easily when the watch is placed on a desk or nightstand. Reports also suggest that this new charging system may contribute to the Pixel Watch 4 's 25 percent faster charging speeds compared to the previous generation. Beyond convenience, the new side-mounted contacts may play a role in improving repairability. The Pixel Watch 4 is expected to be the first in the lineup to allow repairs, with technicians able to remove the back panel to access internal components. By removing the charging system from the rear casing, Google likely made that process easier to achieve. This new charging dock will reportedly be included in the box, although, consistent with past Pixel Watches, it will not come with a USB-C power adapter. Any standard 5W USB-C adapter will be compatible with the dock. Google is also expected to sell the dock separately on the Google Store, but pricing details have yet to be confirmed. Based on previous models, a starting price of $29.99 seems proprietary chargers often limit user convenience, I do appreciate the idea of a side-mounted dock. In the future, it would be great to see Google offer a dual-purpose charging cable, similar to OnePlus's SuperVOOC system, that can charge both the watch and a phone at once. The Google Pixel Watch 4 is expected to officially launch next month at the Made by Google event, which is taking place on August 20th.
