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Nokia Corporation Message Board

  • farhan8000 farhan8000 Feb 7, 2013 1:53 AM Flag

    Bloomberg Article:A speculative mix

    The supply constraints of Nokia Lumia 920 and 920T is a going concern for all investors.However,reading and rereading the bloomberg article left me more disappointed with the bloomberg reporter.The article would have been a great read and reporting if it was about the short supply and expanded on why by doing a great reporting what's causing the supply problem for Nokia

    But the reporter spends a few sentences about the supply shortages and dovetails into Nokia propaganda about the past

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You fanboys and Nokia-apologists are a trip! If by focusing on the past you mean the two sentences on how Nokia was #1 in China two years ago, when they used Symbian, you're nuts. That's relevant background information.

      Missing the critical Chinese New Year holiday because they only shipped 30,000 Lumia 920T's is also relevant. No speculation about it! A China Mobile spokesperson said it and the article even backed up that fact with a quote from a Nokia spokesperson about how supply is constrained.

      THIS story, although just hitting the broad wire now, is what has knocked Nokia down these last 5 trading sessions. You fanboys love to move the goalposts for Nokia. One second you're posting tripe like "Nokia to da moon because of China" and the next you're playing down a blunder like missing the Chinese New Year holiday gifting season like its not even true! Face it - Nokia screwed the pooch on this one and it might cost them more than just one season's sales. You can bet iPhones are in good supply on China Unicom and China Telecom! Maybe the reason Tim Cook met with China Mobile (at CM's invitation!) was because the carrier wants a reliable supplier for things like their biggest holiday of the year for sales, hm?

    • Forget about all the conspiracy theories. Get someone to find out from Nokia if the earnings estimates will be lowered as a result. If they come out and lower the estimates investors get screwed. They have missed an entire month out of the quarter. Seems like this is going to be a problem.

    • I knew there was a supply problem in January and now and did not say anything as I did not want to hurt the stock. That is why I am not sure if you are short or long. Why point out negative news if you are long. Where is the article? I cannot find it if there is one. How did you know it was there?

      • 1 Reply to stocktothemoon
      • google the article "Nokia China Stumble Risks Delaying Rebound From 1% Share" by bloomberg.However,we are all intelligent investors,infact more intelligent than these big boys that manage billions of dollars and yet make peanut profits for the institutions they manage the money for.We can see through a P.S when we see one.At least I have a better regard for bloomberg than CNBC crowd but this article was disappointing because of the vagueness of the whole thing.I guess the Yahoo news article have populated every news organizations.I was expecting this type of reporting from bloomberg, it sounds more like CNBC news story with a sensationalized headline without real bone behind it.

        Sentiment: Strong Buy

    • The quote from that China mobile employee was from last year. I bet you.

    • I've been disappointed with some reporting in Bloomberg. I don't think you'd see what I consider an incomplete report like that in the Wall Street Journal or other main-line news organization. Kind of makes you appreciate the old professional standards of old-time newspapers, too often overlooked these days with internet based reporting.

      • 1 Reply to clcellve
      • I wish for those days.Today reporting is all about the headline.Look at this bloomberg headline "Nokia China Stumble Risks Delaying Rebound From 1% Share".Its all about the headline these days.You see the headline and you read the story...i'm perplexed to say the least.Journalism is dead these days.Sensationalism is the name of the game.These journalist are sent for for an assignment story,they spend their time chasing their shadows (watching xxx websites) and to justify their expenses,they write an incomplete story with an attention seeking headline.

        Sentiment: Strong Buy

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