Tag Archives: WSJ

Nokia starts shipping flagship N8 model

Nokia N8 Shipping
Nokia N8 Shipping
\r\n\r\nThe world’s top cellphone maker Nokia said that it has started to ship its flagship smartphone model the N8. Last week Nokia said it has delayed by a few weeks deliveries of the N8 model to the clients who had ordered the phone, hitting its shares on the day new chief executive Stephen Elop started at the helm of the company. The N8 is seen by analysts as Nokia’s first model to challenge Apple’s iPhone more than three years after its launch.\r\n\r\nIts success and timing of its sales start are seen as being crucial for Nokia’s profit margins in the third and fourth quarter.\r\n\r\nNokia said the N8 would be widely available in the coming weeks. “The Nokia N8 has received the highest amount of consumer pre-orders in Nokia history,” Jo Harlow, the head of Nokia’s smartphone unit, said in a statement.\r\n\r\nThe N8 smartphone, first to use Nokia’s new Symbian software, was originally scheduled to reach consumers in June. In April, Nokia warned that the software renewal would take longer than it had expected due to quality problems and said that the model would reach consumers by the end of September.\r\n\r\nThe weak smartphone offering and problems with software were seen as the main reasons for Nokia to replace its chief executive Olli-Pekka Kallasvuo with Stephen Elop from Microsoft\r\n\r\nThe N8 stands out among its rivals for its 12 megapixel camera but has a slower processor than Samsung’s top model Galaxy S and the latest iPhone.(Reuters)

VMware will buy Novell’s SUSE Linux OS business

Novell is No. 2 maker of open source Linux OS\r\n\r\nVirtualisation software maker VMware Inc (VMW.N) is in advanced talks to buy Novell Inc’s (NOVL.O) open source Suse Linux operating system business, the Wall Street Journal reported on Thursday, citing people familiar with the matter.\r\n\r\nNovell had partnered with VMware to make Suse the preferred Linux operating system for VMware’s virtualisation stack. The paper reported that private equity-backed software company Attachmate Corp [WIZARA.UL] could buy some or all of Novell’s remaining assets.\r\n\r\nThe report came after the New York Post reported Novell, the world’s No. 2 maker of the open source Linux operating system, will sell itself in two parts and that it is three to four weeks away from signing a deal. [ID:nSGE68E0JG].\r\n\r\nShares in Novell closed 2.5 percent higher at $6.05 on Nasdaq. They had risen more than 6 percent on Wednesday on the Post’s report. VMWare ended down 1.5 percent at $84.76 on the New York Stock Exchange.