Financially, Nokia is in bad shape. It lost a billion dollars last quarter, which is only good news when you look at the quarter before that, which shows a $1.7 billion loss. Despite all this, Christof Hellmis, VP Location Platform at Nokia, doesn’t seem to be the least bit concerned. In fact, he’s rather chipper as he sits down with us at this year’s Mondial de l’Automobile in Paris.
Perhaps that’s because his division, Location & Commerce, is doing quite well indeed. Containing the remains of Navteq, L&C pulled down nearly €100 million profits in each of the past two quarters. It’s a healthy golden goose in Nokia’s rapidly shrinking barn. So why, then, is the company helping its competition improve their own offerings by providing more comprehensive navigation services baked right into Windows Phone 8? And, why is it that Apple’s own attempt at mapping has gone oh so poorly? Those are just a few of the questions we asked of Mr. Hellmis, all detailed for you after the break.
Continue reading For Nokia, helping the competition find its way is good business
Filed under: Transportation, Software, Nokia
For Nokia, helping the competition find its way is good business originally appeared on Engadget on Fri, 28 Sep 2012 18:00:00 EDT. Please see our terms for use of feeds.
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