Nokia sets sights a little lower

Okay, when I said "lower," I meant, LOW, and Nokia is taking respectable measures, to put it nicely. The world's largest mobile phone maker just announced a 66% yearly drop in Q2 profit, as well as lowering its market share target for 2009. Nokia is definitely feeling the pressure from its closest rivals, Apple, RIM and Samsung, which coincidentally, lead the smartphone market.

This looks to really spell trouble for Nokia. They had actually expected their market share to rise in 2009, but it looks like they set their sights a little too high. Nokia had probably expected an increase in market share because of the successful launch of its flagship phone, the N97, but other than the S60 groupies, the N97 hasn't actually received critical acclaims... not even anywhere close. With their trump card, the N97, receiving bland reviews (probably because it was launch after its competitors with no real advantages or revolutionary features) and with nothing special being announced by Nokia, their troubles may have just began.

Sony Ericsson posts $299 million Q2 loss, but a gain for us... Playstation Phone coming Q4?

I'm sure it comes to no surprise that many, MANY companies are suffering losses nowadays, but for Ericsson, it's not all that bad, at least not as bad as its recent $382 million loss. Sony Ericsson also believes this is due to the waves of smartphones that have been coming out that their losing out on their mid-tier mobile phones. For SE fans, all isn't lost, SE said that they are working in that direction and their higher end devices should smack us in the face this Q4. But wait, theres more... one of their devices thats said to be hitting this fourth quarter is rumored "to integrate with Playstation." What that means, only time will tell. Will we have our coveted PSP phone, a phone that just has similar OS and look to the Playstation, or even just a device that allows for remote-play?

I'm most definitely rooting for a PSP phone, but even s smart phone that integrates the Playstation OS' look and feel, and actually looks good is always welcome competition for iPhone lovers such as myself and fellow Vantage bloggers. More competition usually equals good news for consumers like us. But one thing is for sure, we probably wont be seeing anything for the next 3 months (since nothing's coming out in Q3) except for another Sony Ericsson loss. Good luck to you guys at SE!