Still three weeks out from MWC and the news has already gone colder than most of Europe. The mercury in the thermometer outside the Informer’s hovel has gone south of zero for the fourth time this week but it’s nowhere near as cold as for some of our cousins further east.
It was all about the numbers this week as the great and the good of the industry played show and tell with their bank statements. There weren’t many in the market revelling in unreservedly good news on the financial front but, true to form, Apple had another bonanza to report.
A long time ago in a galaxy far, far away lived a little green Jedi master who fought valiantly against the forces of the dark side. Today though, Yoda is feeling the squeeze of these tough economic times as much as anybody and has had to make that unenviable move from shooting genre-defining Hollywood blockbusters to filming advertisements for Vodafone in the UK. Ah, the perils of being typecast – but the Yodafone is not the only one finding himself out of pocket these days.
Ah, the London skyline. Such a distinctive view the Informer considers, whenever he finds anywhere high enough to enjoy it. The London Eye, St Paul’s Cathedral, the Gherkin and of course, Big Ben – or St Stephen’s Tower as it should technically be referred too. Impressive symbols of man’s ingenuity for sure, but these tall structures also hint at darker economic times, according to Barclay’s Capital, which made some rather insightful claims this week, suggesting that skyscraper building is linked with imminent financial doom.
Welcome back readers and a very happy new year to all of you who subscribe to the Gregorian calendar. Don’t worry, that sluggish feeling will probably have gone by next week, it’s just your body going into shock from the suddenly reduced calorie intake that accompanied the return to work.
The Informer spoke to Santa Claus this week and the good news is that, if you want a Blackberry 10 device for Christmas, you should be able to get one. The bad news is that you’ll have to wait until Christmas 2012. Research In Motion’s Annus Horribilis kept on delivering right unto the death, with the firm this week reporting a 71 per cent drop in net profit for its financial Q3, and revealing that its latest range of devices – the Blackberry 10 suite of products – will not be available until late next year.
The Informer recently met with Lee Epting, an interesting lady who holds the position of director of content services for Vodafone. That a carrier should have a director of content services at a time when conversations about ‘pipes’ are so prevalent is fascinating in itself, but not nearly as fascinating as the fact that Epting joined the carrier when the wreckage of Vodafone 360 was still smoking and managed to salvage some of the ill fated project.
Petty squabbles, underhand tactics and stomach turning trials in Australia, with the masses waiting fervently for a verdict – it’s all making for compelling viewing. No, the Informer hasn’t been watching ‘I’m a Celebrity…’, rather the Apple-Samsung patent saga has taken another intriguing twist.
There was an unwelcome flashback to the grim days of the early noughties this week as struggling vendor Nokia Siemens Networks announced that it is to cut almost one quarter of its workforce. Some 17,000 NSN employees, 23 per cent of the total, are for the chop as the firm bids to try and save €1bn in operating costs by the end of 2013. Analysts speculated that the firm is gearing up for an IPO next year and that the cuts are designed to make it a more attractive prospect to potential investors. Certainly it is widely believed that Siemens has been looking to exit the JV pretty much since it was established in 2007. The two parents abandoned their search for investment in June this year, opting instead to inject $500m apiece into the firm at the end of September.
Cost of living through an economic slump? Ridiculously high. Getting consumers to part with their hard earned cash with nothing but a wave of the phone? Priceless. You can almost hear the *tap; kerchings* echoing throughout the industry as our plump but ever hungry financial institutions and payment providers continue their foray into the mobile market.