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Nokia Corporation Message Board

  • avgworkingman avgworkingman Jan 24, 2013 12:40 PM Flag

    Analysts do not like the lack of progress!

    " sales of Nokia’s new Lumia line, which uses Microsoft’s Windows Phone operating system, are accelerating, to 4.4 million units in the fourth quarter from 2.9 million in the third, the company is now a distant challenger to the industry leaders Apple and Google. The Android operating system from Google is now running nearly two-thirds of all new smartphones sold around the world.

    Apple sold more than 10 times the number of iPhones during the fourth quarter, 47.8 million, and sales of Android smartphones, according to International Data Corp., reached 136 million in the third quarter. But as the largest maker of smartphones running Microsoft’s new Windows Phone 8, Nokia can build on its gains.

    “This is really the time now for Nokia to put up results,” said Francisco Jeronimo, an I.D.C. analyst in London. “They are almost exclusively out there with Windows 8, and Microsoft is strongly promoting the operating system. There can be no more excuses now.”

    In North America, Nokia increased its sale of phone handset sales by 40 percent in the fourth quarter to 700,000 units, up from 500,000 in the third quarter. Mr. Jeronimo said those results were weak considering the sizable marketing investment in the United States and Canada by Nokia and Microsoft on Windows 8.

    In the fourth quarter, Nokia’s profit was fueled by continued cost-cutting and the introduction of the Lumia 820 and 920 smartphones running Windows Phone 8.

    The new handsets helped Nokia raise the average selling price of Lumia phones in the quarter to €186, up 33 percent from €140 in the same quarter a year earlier. But the average price of Nokia’s basic cellphones, which still make up almost two-thirds of its total phone sales, fell by 3 percent to €31 from €32. "

    If I were in the position of CEO; I add Android line of smartphones along with Windows Phones. That would be the right solution for max sales and profits.

    I do not care for the dividends right now since the company is still in transition mode. But it needs to increase it sales and profitability. Market share is very important for the value of Nokia shares.

    Sentiment: Hold

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    • "In North America, Nokia increased its sale of phone handset sales by 40 percent in the fourth quarter to 700,000 units, up from 500,000 in the third quarter. "

      I kind of knew that Nokia would sell less then a million Lumia in the North America. HTC was the leading Windows 8 Phone manufacturer according to Steve Balmer in his CC in Asia in November 2012. For what ever reason; Nokia is not liked in the U.S. or Canada! It has to change it design to appeal to the U.S. consumer. Make it look more like upscale iPhone or Blackberry!

      Sentiment: Hold

 
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