text: Wi’s innovative engineering practices have led to the awarding of over 80 patents for our clients. Wi has an intimate knowledge of the in-vitro diagnostics IP landscape and can help guide your project to success, whether that means leveraging freely available designs or creating new and unique solutions to the engineering challenges presented by your program.
  Nokia announced their Q1 financial results today and marked an increase in net sales and units shipped year over year. Operating profit however took a hit but the Microsoft/Nokia agreement was signed, making the deal official.
  First, let’s look at Nokia’s financial performance. Nokia’s Devices and Services department reported €7,087 million in net sales (a 6% increase year over year), but operating profit went down 14% year over year, to €694 million (was €804 million in Q1 of 2010).
  Nokia shipped 108.5 million units in total, a slight uptick from the year-ago quarter. Feature phones accounted for 84.3 million of that, while smartphones took 24.2 million. That puts smartphone numbers at nearly a third more than what they were in Q1 of 2010.
  The gross margin for the first quarter was 29.1%, down from 32.4% in the year-ago quarter. The Average Selling Price went up €65 compared to last year’s first quarter, but down compared to Q4 of 2010 (€69).
  Predictions put net sales between €6,100-6,600 million for Q2, which Stephen Elop, Nokia’s newly appointed CEO, says will be “more challenging”.
  NAVTEQ’s sales and profits improved in Q1 and are bound to improve even more with the Microsoft/Nokia deal in place.
  Nokia will deliver mapping, navigation and location based services to the Windows Phone 7 eco system. It doesn’t say if non-Nokia phones will get free navigation or not.
  Nokia will provide imaging and hardware design expertise, carrier billing connections and receive payments for its intellectual properties.
  Nokia will be paying royalties to Microsoft for each Windows Phone 7 device they make, but they’ll receive payments “in the billions” from Microsoft.
  A mother wit her children paint by the Croatian artist Vlaho Bukovac (1855-1922) - Zagreb Modern Gallery (Croatia)
  Portrait of a naked woman paint by the Croatian artist Vlaho Bukovac (1855-1922) - Zagreb Modern Gallery (Croatia)