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Tag: xbox

  • Sales Below Expectations For Nokia Lumia 800

    Nokia Lumia 800, although very promising at the time of launch, fails to stop the Finnish manufacturer from its sharp decline in the smart devices market.

    Despite efforts made by Nokia to promote their new model Lumia 800 and the encouraging sales figures announced at the time of launch, the reality seems to be different at all. The direction taken by Nokia Lumia 800 is actually moving toward sales far below the Finnish manufacturer's expectations.

    According to analyst James Faucett at Pacific Crest, if current trends maintain, sales figures for the Lumia 800 will not exceed 500,000 pieces sold, four times less than expected by Nokia.

    Given that the design team has done their homework, creating a very successful handset, which should easily convince the audience it is addressed, the only culprit remains its operating system – Windows Phone 7.5, still regarded with suspicion by many users.

    Nokia can only hope not to end the year with disastrous financial results. They only have the winter shopping season, which could raise again the sales figures.

    Unfortunately, at least for now, the partnership between Nokia and Microsoft does not seem to give the results foreseen by the CEO Stephen Elop, putting the company in disadvantage by using a too-new operating system, with many limitations artificially imposed and unable to convince in front of the competition presented by Google's Android and Apple's iOS.

    Despite the optimism shown by Nokia, the success that Lumia 800 enjoys in the UK cannot be entirely attributed to the design team. Orange UK recently launched a very aggressive campaign to promote Nokia’s handsets, rewarding about half of customers who have pre-ordered the phone with an xBox console completely free. As expected, the offer was very useful, even if it’s just a low-end version of the xBox console.

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  • Microsoft to Acquire Skype for $8.5 Billion

    Microsoft and Skype have just announced that they have entered into a definitive agreement under which Microsoft will acquire Skype for $8.5 billion in cash from the investor group led by Silver Lake.

    With 170 million connected users and over 207 billion minutes of voice and video conversations in 2010, Skype has been a pioneer in creating connections among friends, families and business colleagues globally. Microsoft has a long-standing focus and investment in real-time communications across its various platforms, including Lync (which saw 30 percent revenue growth in Q3), Outlook, Messenger, Hotmail and Xbox LIVE.

    The companies informed that Skype will support Microsoft devices like Xbox and Kinect, Windows Phone and a wide array of Windows devices, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live and other communities. Microsoft will continue to invest in and support Skype clients on non-Microsoft platforms.

    "Skype is a phenomenal service that is loved by millions of people around the world," said Microsoft CEO Steve Ballmer. "Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world."

    Skype will become a new business division within Microsoft, and Skype CEO Tony Bates will assume the title of president of the Microsoft Skype Division, reporting directly to Ballmer.

    "Microsoft and Skype share the vision of bringing software innovation and products to our customers," said Tony Bates. "Together, we will be able to accelerate Skype’s plans to extend our global community and introduce new ways for everyone to communicate and collaborate," Bates said.

    According to the companies, the acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and "generating significant new business and revenue opportunities." The combination will extend Skype’s world-class brand and the reach of its networked platform, while enhancing Microsoft’s existing portfolio of real-time communications products and services.

    "Tony Bates has a great track record as a leader and will strengthen the Microsoft management team. I’m looking forward to Skype’s talented global workforce bringing its insights, ideas and experience to Microsoft," Ballmer said.

    Founded in 2003, Skype was acquired by eBay in September 2005, and then acquired by an investment group led by Silver Lake in November 2009. Skype has made impressive progress over the past 18 months under Silver Lake’s leadership, increasing monthly calling minutes by 150 percent, developing new revenue streams and strategic partnerships, acquiring the intellectual property powering its peer-to-peer network, and recruiting an outstanding senior management team.

    Other members of the selling investor group led by Silver Lake include eBay International AG, CPP Investment Board, Joltid Limited in partnership with Europlay Capital Advisors; and Andreessen Horowitz.