What the Last Symbian Means for Nokia

What the Last Symbian Means for Nokia

Research  these Stocks on Kapitall’s Playground Now

 
research now

When Nokia (NOK) ships its last Symbian phone in the summer, it will close a final chapter for the phone giant. The company is ramping up its focus on other lines, from Asha in the low end to Lumia on the high end.

In the first quarter, Symbian accounted for only 500,000 shipments. By comparison, 5.6 million Lumia devices were shipped. Lumia runs on Microsoft’s (MSFT) Windows Phone 8 (WP8).

11 Years old

Symbian was an 11-year old platform. Support for consumers using Symbian will continue until at least 2016, and the winding down of the brand is favorable for investors. The most notable models from Symbian were the N95, E71, and the 808 PureView. There are two things that are most significant coming from Symbian: PureView and superior hardware quality.

PureView

Nokia first introduced the 41 megapixel PureView camera on Symbian devices. The camera’s ability to take low-light photos, support video stabilization, and produce sharp photos excited many. The OmniBSI-2 sensor is made by OmniVision (OVTI). This camera was well-received by the public, and Nokia plans on possibly including this technology to its Lumia devices this summer.

Solid Hardware

The culture for creating solid hardware for Symbian devices will live on in Lumia devices. Even though the modern era of mobile computing exists because of Symbian, the legacy of the operating system will live on. It will take time for WP8 to get many of the features Symbian had, but as this happens, demand for Nokia Lumias will only grow

Analysis

The last chapter for Symbian is good news for Nokia shareholders. The high cost for developing devices using this operating system hurt profits, and made it impossible for Nokia to innovate as fast as its competitors. After WP8 became the third most popular operating system by market share, it validated Nokia’s strategy to shift to the Microsoft Platform. There will be bumps along the way for Nokia’s share price, but the trend is going to be positive.

When the rumored Nokia EOS phone is announced, it will another milestone achieved by the company. Consumers who need a solid phone and an even more powerful camera will consider a Nokia device instead.

Written by Chris Lau

playthemarket640jpg

Leave a Reply

Protected by WP Anti Spam

playthemarket280jpg
  • See Most Recent Articles