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Nokia Corporation Message Board

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  • farhan8000 farhan8000 Dec 12, 2012 3:58 AM Flag

    2.-5 million LUMIAs sold in the first 20 day period worldwide.....

    What that means is Nokia isn't RIMM.You get it shorty?. Rimm is 2 part business (enterprise service and cell phone hardware),Nokia is 4 parts company where its cell phone hardware unit 30-40% of the company.You will need to divide further the cell phone hardware units into 2 parts;lower end and higher end smartphone units.

    Nokia is still the dominant player in the lower end cell phone devices area in the world (with the exception of last quarter,has led in sells volume for the past 14 years and most likely would have outsold Samsung in this fourth quarter again because of its new launches which are all selling hot if you follow Nokia closely as I do in all its major markets).The smartphone unit has been Nokia's dark spot the last 2 years but that will change starting with this fourth quarter though this quarter is still a transitional quarter.Nokia does not need to sell more than 10 M+ to be profitable in its smartphone unit.

    Sentiment: Strong Buy

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