One billion makes for a catchy and memorable milestone. The world’s population passed the 1 billion mark in 1804. McDonald’s sold its 1 billionth hamburger in 1963. The 1billionth PC shipped in 2002.
The Web may be buzzing with stories about whether computer maker Dell should or shouldn’t get into the cell phone market, but the company itself has tried to stay out of the public discussion.
Michael Dell said on Friday that reports of Dell’s cell phone ambitions were “best described as a rumor” when chased by reporters at the World Economic Forum in Davos, Switzerland.
Hours after it issued its second warning in three weeks, forecast shrinking cell phone sales for 2009 and promised to reduce expenses, Nokia held an investor meeting in Brooklyn, New York. Most analyst meetings take place in Manhattan, and Chief Financial Officer Rick Simonson told the audience on Thursday that he’d been asked why the company chose the Marriott at the Brooklyn Bridge. Brooklynites are very accommodating, Simonson said — adding that Nokia saved money by moving the meeting from the heaving center that never sleeps. Simonson didn’t give a figure, but JPMorgan said in a note that Nokia saved as much as $500,000 by simply making Wall Streeters cross to the other side of the Brooklyn Bridge. It’s hardly enough to counter a 5 percent cut in cell phone sales volume next year and probably not even a fraction of the cost of putting Nokia’s latest multi-media phone, the N-97 on the market, but it is a good start. Maybe other conference organizations will take its cue, and this reporter will have a shorter commute more often.
What in the world has gotten into Motorola? For more than a year, Wall Street has lamented its fate. Just this week, industry forecasters predicted the handset maker would have nothing to show for the second quarter other than a hefty net loss and a drop to fourth place in the global phone market after losing share to LG Electronics.
There are myriad answers to that question, but AllThingsD suggests that Ross Levinsohn, the former head of News Corp’s Fox Interactive Media Group, and partner, former AOL Chief Jon Miller, are heavily mentioned as the kind who might get a crack at it.
With all the interest in Yahoo Inc these days, we took the opportunity to ask Nokia CFO Rick Simonson at the Reuters Global Technology, Media and Telecoms Summit if the world’s largest mobile phone maker would be interested in buying Yahoo. He laughed and joked that of all the questions we could have asked him, this was one he didn’t see coming. Then he goes on to say: