Yes it is. For a multi billion dollar corporation to not have the ability to manufacture the products they themselves have designed. Nokia must be having the biggest of all manufacturing problems. I wonder what the details of the snafu is? Is it a processor/screen supply constraint?
You would think Elop would let investors know why they can't manufacture the phones.
Yes. I saw them available yesterday and all gone today. Also HSN is sold out.
According to Elop recent conference calls, supply and production limitation does not seem like a problem anymore. Nokia sold a paltry 400,000 phones in the US last quarter but WP still gained some market share. I think if the demand is here they would allocate enough supply to the US vendors. So we are looking at 600,000 to 800,000 WP sold in US for 2Q? Market share in the US is very important.
At the beginning, i was worried about these sold out news like many other shareholders.
But when everyone is complaining about the supply issues, Lumia series still continue growths every quarters.
Plunge Asha is what really hold Nokia back!
So right now i see these sold out news as everything is follow the Elop's great comeback plan, a very conservative plan.
Sure we want Lumia has explosive success so do our stock, but better late than never, right? XDD
Hoping i am right.
It should be noted that L920 (black) is ranked #25 on amazon in "Cell Phones with Service Plans" pretty much everything else is Samsung and HTC with a few others mixed in. The rest of the colors are in the 40-60 range with the L928 (white) coming in at #62. L928(black) isn't on the top 100...and you have to order it from Verizon online...can't get it in stores.
Especially when nobody has a clue how many actual phones were sold to create this "sold out" condition. If each location got 2 phones then selling out is not a big deal. If each location got several hundred it's momentous!! But we just don't know those numbers. Anyway, it gives the mentally challenged something to chant. "Sold out!! Sold out!! Sold out!! Sold out!!"