New smart phones won't be enough to rekindle Nokia market share

Remember when everything you knew there were phone cover Nokia? Nokia wants these days back, but with smartphones. He unveiled three new smartphone Nokia World in London today. PCWorld has more on the latest Nokia hopefuls:
New Nokia devices include Nokia E7-oriented business-oriented consumer C7 and revised version of the Nokia C6. all three devices are equipped with Symbian ^ 3 OS last iteration Nokia OS for the first time this year on Nokia N8.
Nokia E7 has 4-inch widescreen resolution, 360 640 AMOLED capacitive touchscreen and keyboard ... 16 GB internal memory slideout; 256 MB RAM; 8-megapixel camera with dual LED Flash and 720 p high-definition video capture, Bluetooth, GPS and Wi-Fi 802.11 b/g/n, HDMI and micro USB2.0 port. Nokia claims, the device will offer nine hours of talk time in GSM networks, and five hours on WCDMA … the E7 ' s Europe offers retail price is around $ 637.
Social networking focused C7 comes with Facebook, Twitter and webmail integration on the screen device. C7 ' s display has 3.5 inch amoled capacitive touchscreen with a resolution of 640, 360. The device also has a slim profile on 0.41 inches, a little more than iPhone 4 ' s 0.37 inch profile. (It will cost approx.) $ 430 in Europe.
The smallest of the bunch, Nokia C6 functions 3.2 inch … touch widescreen with 640 360 resolution … front-facing camera for video calls and rear-facing camera with 8 megapixel camera, dual led Flash, 720 p video capture and 2 X digital zoom. Smartphone was miniscule 340 MB of internal memory, but includes a microSD memory card support for another 32 GB.Other features include GPS connection, 802 .11b/g/n and Bluetooth 2.0; stereo FM radio; and 3.5 mm A/V connector. Nokia claims, C6 is 11.5 hours of talk time in GSM networks. C6 … will Sell for about $ 335 in Europe.
Nokia will release the N8.From Ars Technica:
(Vice President of Nokia and new phone leading Anssi)Vanjoki called Nokia N8 breakthrough multimedia device with world-class cameras.He has a 12MP sensor, Carl Zeiss Optics, xenon flash and shutter.Although he acknowledged that it still cannot rival dedicated digital camera, he argues that the N8 camera better than any other smartphone to demonstrate its effectiveness, he showed a number of impressive photos of the device.
New Nokia doesn't sound much better than anything already on the market there is not enough innovation to attract users from their lineup for the iPhone and the droids.So what will Nokia compete in these new phones? Price? according to Bloomberg,

Nokia in July said that operating margin devices could fall as low as 7 per cent in the third quarter, as it is ready to release the N8. Difference in 2008 amounted 12.5% last year and 18.2% drop in July Nokia posted 40% in profit for the second quarter.
Where will the Nokia get volume from the phone for a low price, if they choose this strategy? with their current batch underwhelming devices I don't know how Nokia will find your niche in the Smartphone market.

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What is earnings per share

Publicly owned companies must report earnings per share (EPS) below the net income line in their income statements. This is mandated by generally accepted accounting practices (GAAP). The EPS gives investors a means of determining the amount the business earned on its stock share investments. In other words, EPS tells investors how much net income the business earned for each stock share they own. It's calculated by dividing net income by the total number of capital stock share. It's important to the stockholders who want the net income of the business to be communicated to them on a per share basis so they can compare it with the market price of their shares.


Private businesses don't have to report EPS because stockholders focus more on the business's total net income.


Publicly-held companies actually report two EPS figures, unless they have what's known as a simple capital structure. Most publicly-held companies though, have complex capital structures and have to report two EPS figures. One is called the basic EPS; the other is called the diluted EPS. Basic EPS is based on the number of stock shares that are outstanding. Diluted earnings are based on shares that are outstanding and shares that may be issued in the future in the form of stock options.


Obviously this is a complicated process. An accountant has to adjust the EPS formula for any number of occurrences or changes in the business. A business might issue additional stock shares during the year and buy back some of its own shares. Or it might issue several classes of stock, which will cause net income to be divided into two or more pools - one pool for each class of stock. A merger, acquisition or divestiture will also impact the formula for EPS.

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