Week In Review 16W2009
This has been a tuff week for phone makers. Nokia saw a 90% profit drop in 1Q2009 from EUR 1.2B (yes, 10E9) last year to just 122M. Nokia should consider itself lucky they actually makes phones people want. SE is working on a -21% operational margin and bled EUR 370M just this quarter. At this rate they will burn through their warchest by the end of the year.
Hard times all around, Telenor and Tele2 are splitting the LTE rollout costs. Well, not so hard to keep Sweden from rolling out LTE anyway.
The EU while taking with one hand is giving with the other telling UK no more selling viewing habits for Phorm. Meanwhile, a Swedish ISP is anonimising their customers to protect them from the PirateBayLaw. RRRRR, she blows! And in an interesting twist a Federal Appeals Court says keeping unlicenced copies of school work to find cheating is fair use. That’s actually good news cause it upholds the fair use doctrine, lets see if anyone runs with that.
