Nokia delays Symbian^3 OS to Q3

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Nokia announced it will delay the planned Q2 release of its Symbian^3 operating system to the third quarter, citing quality control concerns. "We will not ship the product before the quality meets the end user's needs and demands," Nokia CEO Olli-Pekka Kallasvuo said in a Thursday conference call, promising Symbian^3 will be "more intuitive, fun and faster." Kallasvuo added Nokia will introduce several handsets running the revamped OS by the end of 2010.

"This is pretty significant as Nokia and Symbian have lost a lot of market share in the last few years," Strategy Analytics analyst Neil Mawston told Reuters. "Psychologically it is a blow as well as iPhone, BlackBerry and Android are surging ahead with software updates. Symbian cannot afford any delays."

Nokia reported first quarter profits of €349 million ($465 million U.S.), up from €122 million/$168 million a year ago, bolstered by cost-cutting moves and increased smartphone sales. The company sold 21.5 million smartphones in Q1, an increase of 57 percent compared to a year ago and a 3 percent quarter-over-quarter jump.

For more on the Symbian^3 delay:
- read this Reuters article

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