Nokia loses $1.7B, Facebook is smarter than Yahoo, Verizon is ruining LTE for EVERYONE
Your Thursday Mobile Pint: the top mobile stories from the past 24 hours, good to the last drop.
Nokia posts huge $1.7 billion Q1 loss; sales boss resigns as smartphone sales plummet 50% (via BGR)
Revenue declined 30% to €7.4 billion, or $9.7 billion USD last quarter, down from €10.4 billion, or $13.6 billion in the same quarter last year. Smartphone sales plummeted 52% to 1.7 billion units in the first quarter, and net device sales dropped 40% to 4.2 billion units.
What Facebook Understood That Yahoo Didn’t: The Magic of a Billion Dollars (via PandoDaily)
Spot on, but a question: how scary is it for Facebook that its already having to make Yahoo-like acquisition decisions to protect its business?
Amazon Appstore’s Revenue Per User Beats Out iOS, Google Play, Says Game Developer TinyCo (via TechCrunch)
The company looked at its title Tiny Village, a prehistoric-themed simulation game that’s available on iOS, Google Play and Amazon Appstore, and found that when you break it out by platform, Amazon’s store monetizes 80 percent better per user than iTunes. If you break out the tablet market, Amazon Kindles monetize 43 percent better per user than iPads do.
TuneUp Takes On Shazam With Free (And Ad-Free) Mobile Music ID App (via TechCrunch)
Founder and CEO Gabe Adiv says he’s “not concerned with monetization of the mobile app right now.” It’s much harder to convince consumers to pay for something on smartphones than it is on their desktops or laptops, so rather than trying to squeeze money from the app, TuneUp is treating it as a sales tool for its desktop product.
“Meaningful” startups (via Chris Dixon)
A companion piece to my Entrepreneurs: Instagram is the 1%. Continue to innovate, continue to disrupt post.
How Verizon might kill any hope for LTE interoperability
The global adoption of LTE as a common 4G technology was going to heal the rift between the CDMA and GSM camps and give U.S. consumers more freedom to switch between carriers, as well as the ability to choose from a set of common devices that could work on any network. Well, forget it: Verizon’s planned sale of its extra LTE spectrum pretty much quashes that dream.
The Epic Oracle – Google Spat: In Pictures (via ReadWriteWeb)
The opening arguments are in the books, with Google trying to portray Oracle as a spurned girlfriend trying to wrangle money out of a failed relationship. Oracle, meanwhile, painted Google as a callous ex-boyfriend who blithely takes what it wants, when it wants, with no regard for anyone else.