So, there's good news and bad news here, and we're opting to go against tradition by dishing out the positive first. Nokia just pushed out its Q1 2009 results, and while many firms have been struggling to stay afloat, at least it managed to turn a profit of €122 million ($160 million). That said, it's still looking at a staggering 90 percent drop in profits compared to its first quarter of 2008, where it raked in a mind-boggling €1.222 billion ($1.6 billion). Not surprisingly, sales were also down 27 percent to €9.28 billion ($12.2 billion) from €12.7 billion ($16.7 billion). Of course, Nokia's far from being alone in having to showcase less-than-beautiful Q1 numbers, but in reality, the damage could've been much worse; in fact, shares of the company's stock inched up by 8 percent following the reveal, as many had feared an even more significant decline. All in all, Nokia's still holding strong to a 37 percent market share worldwide, and if CEO Olli-Pekka Kallasvuo has anything to do with it (hint: he does), things should be on the up and up here soon.

[Via BBC]

We'd already heard that right about now was a great time to be in the prepaid cell business, and that's being proven quite definitively by MetroPCS' Q1 subscriber results. We're told that the firm saw a net addition of 684,000 customers in the first three months of 2009, representing an astounding 51 percent increase year-over-year. While celebrating mightily, the company also saw fit to introduce a "one-call communication solution targeted at families and friends who are trying to save money in today's economy by 'cutting the cord' and replacing their landline telephones with wireless phones." Said "landline replacer" is called GroupLINE, which enables up to five MetroPCS Family Plan subscribers to receive calls on a shared GroupLINE number while still maintaining their individual mobile numbers -- all for just $5 per month. So, anyone looking to tighten the belt by going prepaid? Your options are getting good.

[Via GigaOM]

Read - MetroPCS results
Read - GroupLINE launch

Hey Boost Mobile -- Where U At? Just kidding, we know where you are, but you should probably be aware that Virgin Mobile USA is encroaching all up in your territory. In a move that was undoubtedly made to rival Boost's $50 per month unlimited plan, Virgin Mobile has announced a $49.99 Unlimited Plan with zero roaming charges. Said plan will be available for talkative individuals starting on April 15th, though you should know that unlimited texting will run you an additional $10 per month -- something that Boost includes at no additional charge. Unique to VM's option, however, is the automaker-like "Pink Slip Protection," which offers to pay mobile bills for up to three months if you lose your job (and meet lots of requirements, of course). In related news, the operator is also introducing a new suite of "Texter's Delight" plans, obviously aimed at consumers who don't even understand that they can "speak" into their phone and "hear" other voices from the top.

Given the current state of Sony Ericsson, we completely understand the re-heating of rumors regarding a nasty breakup. That said, a new report from Dow Jones confirms that Ericsson (at least) has "has no plans to abandon its joint venture Sony Ericsson," with spokesperson Minako Nakatsuma Olofzon stating that "[Ericsson is] committed to the joint venture; it hasn't changed its view on that." Of course, the report makes no mention of Sony's take on all of this, but at least one half of the equation is still in it for the long haul. Publicly, anyway.

[Via mocoNews]

Quite honestly, we can't imagine now as being an awesome, jovial time to be heading up any division of Sony Ericsson. Thus, we're not too awfully shocked to hear that Najmi Jarwala, President of Sony Ericsson USA and Head of Region North America (comprising the US and Canada markets), has decided to leave his corner office at the end of March in order to "pursue other career opportunities." The announcement comes just a weekend after SE proclaimed that its Q1 sales were down some 50 percent, and with the outfit's somewhat lackluster showing at MWC (Idou notwithstanding), we can't imagine things magically turning around in the near future. At any rate, Anders Runevad (pictured), Executive VP and Head of Global Sales & Marketing will be taking over until a successor is named, and that's assuming anyone is willing to walk into such a severely precarious situation.

[Via MobileBurn]

We already knew Vertu was planning to open wide to Tokyo's Ginza district in late February, and apparently it decided to follow through despite an economy that's apt to slow sales of its luxury handsets dramatically. At any rate, the spot is a must-see even for tourists with a savings account that couldn't buy the "8" key of a Constellation Pure, so be sure to freshen up and drop by if you find yourself in the city. Oh, and be sure to ask the reps on hand if any of Vertu's phones can load up the full version of the company's own website without struggling -- we get the feeling the reaction will be priceless.

[Via RCRWireless]

Yet another company has succumbed to making tough choices in the face of a rough economy, as Vodafone is reportedly preparing to lay off "hundreds" of workers in Britain. The report stated that the cuts could come as soon as this week, and while there was no definite number given as to how many of its 10,000 employees would be asked to leave, we do know that the operator is aiming to "boost free cash flow by cutting one billion pounds of costs." Predictably, Voda declined to comment on the report, but it'll probably have to talk soon whether it wants to or not.

Here's a concept: sell cheap, low-margin phones while the economy is in the dumps in order to grow market share. Brilliant, right? Believe it or not, that's the idea that's being pushed around at LG headquarters, as the company has revealed a goal of increasing its global handset market share to at least 10 percent during this year. The company does expect profits to shrink over the course of 2009, but it's still hoping for a high single-digit percent profit margin on mobiles, against 11 percent in 2008. According to Skott Ahn, President and CEO of Mobile Communications at LG: "Developed markets will definitely suffer some contraction, but there's a chance for growth in first-time buyers in emerging markets." So, what does LG really have to do to hit 10 percent? Maintain its sales volume at 2008's level, which was moving some 100.7 million across the globe.

As with most other cellphone makers (and companies in general), Nokia managed to lose a bit of cash, market share and dignity in the completely brutal past quarter. That said, it's still doing leaps and bounds better than most, but that glimmer isn't stopping it from shutting down its Jyväskylä site and scaling back at its Salo production facility (pictured). According to Nokia, this is all part of its ongoing plan to "increase cost-efficiency and adapt to the market situation," and with the closings, it'll concentrate mobile devices R&D in Finland at Tampere, Oulu, Salo (though to a lesser extent) and the Helsinki metropolitan area. It's expected that all of the 320 employees at Jyväskylä will be sent packing by the end of this year, while temporary layoffs will be issued on a "rotational basis" (sounds thrilling, no?) at Salo. More details are stored away in the read link, but we'd avoid the depression that's lurking unless your day has just been entirely too awesome.

So, how does one successfully snatch away market share from Telstra and Optus? If you're Hutchison or Vodafone, you merge! Announced today, two of Australia's smaller operators have decided that an equal joint venture would be the best approach to moving on up, and while they aren't suggesting that the current economic conditions influenced the decision, many analysts are suggesting that the tie-up could help the newly formed VHA fend off adverse effects from slowed spending on mobile communications. Once together, the combined group will have a local market share of around 26 percent, and Hutchison Australia's current chief executive, Nigel Dews, has been chosen to lead the new venture. Under the agreement, VHA will market its products and services under the Vodafone brand, though it will retain exclusive rights to Hutchison's "3" brand in The Land Down Under.

[Via MobileBurn]

Look out, world -- Apple's on the hunt for that number one spot in worldwide mobile market share! Of course, it's got like a bazillion miles to go before it gets there, but achieving that magical 1 percent is always a day worth tearing up about. According to data in a recent ABI Research study, iPhones now make up 1.1 percent of all cellphones, which is a pretty nice bump from the 0.3 percent share the original iPhone held in 2007. As expected, Nokia's still making everyone else look bad with 38.6 percent, while Samsung (16.2 percent) notched the silver and Motorola / LG tied for third with 8.3 percent apiece. Number lovers can dive into the links below for more where this came from, and feel free to dispute the facts 'til your heart's content down in comments.

[Via Electronista]

Can't say we saw this one coming. Out of seemingly nowhere, Nokia has up and acquired a privately held Berlin-based professional services and software company with 39 employees. As part of the agreement, Nokia will take on "substantially all assets of bit-side GmbH," and for some unexplained reason, that move will enable Nokia to "strengthen and accelerate its mobile development for Nokia Maps." According to Michael Halbherr, vice president and head of social location at Nokia: "Acquiring bit-side enables Nokia to offer consumers the world-leading mobile location applications, such as Maps, along with routing and navigation at an accelerated speed." It's stated that bit-side will be wrapped into Nokia's Services unit, but honestly, we're still left mostly in the dark as to what this all means. Dark and inscrutable, just how we like it.

[Via MobilityUpdate]

Okay, so we're going on the assumption that the 500,000 figure uttered by Nokia CEO Olli Pekka Kallasvuo during this week's Q4 earnings call was a touch old -- you know, considering that the outfit is now trumpeting the shipment of a cool million. Following a (very!) successful UK launch, Nokia has just shipped its one millionth Tube, which is the handset maker's first mass market touchscreen device. And to think -- it hasn't even debuted in many corners of the globe yet.