Nokia has lowered its financial guidance for the first quarter of this year, predicting that it will have sold 71m mobile phones, but that its devices and services division will post an operating loss rather than break even, as it previously predicted. The problems for Nokia didn’t come with smartphones, but with its cash-cow feature phone business, with sales underperforming in the Middle East, Africa, India and China. On the plus side, the company says it sold 2m of its Lumia Windows Phone smartphones in the first quarter, with CEO Stephen Elop telling analysts that it has “established early momentum with Lumia”.
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Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…