As revenue plunges and share losses mount, worries about Nokia's (NOK) cash burn are growing:...

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kmi Comments (3847)
 
I found this interesting:

"The Windows Phone, which has recently been available in China, has two months after launching a market share of about 7 percent, according to Microsoft. Slightly larger than Apple's iPhone, which accounts for nearly six percent."

Source: http://bit.ly/Ljs78W

Of note is that represents almost entirely Nokia product.
18 May 2012, 09:51 AM Reply Like

Tom in Dallas Comments (104)
 
Of course they are burning through cash, they been restructuring and moving from Symbian to WinPhone. Based on past results only, Apple should be bankrupt by now, then Steve arrived. Cash Flow will improve as Lumia sells and costs restructurings continue to take effect slowly. It is hard to get out of Europe once you are in.
18 May 2012, 10:19 AM Reply Like

Drew Robertson Comments (241)
 
There will be plenty of time to buy NOK. No rush.
18 May 2012, 10:23 AM Reply Like

1mp1r3t4 Comments (328)
 
Worrying about a 5.5% bond issue due in 2014 assumes the company will not have revenues over the next 24 months. Is the party assuming that NOK will stop developing, manufacturing, and distributing? Is NOK going to follow the boomers into retirement and live off its remaining capital? This "news" projection reminds me of Chicken Little. Its hidden motive can only be to feed a frenzy of shorts and sellers. Somehow, it smells of a market mover interested only on sell-side trades. Petty and self-servingly biased come to mind too.
18 May 2012, 10:39 AM Reply Like

sreimer77 Comments (193)
 
It also ignores the annuity income from royalties thanks to Apple and Google, the Billion annually from Msft. Wait a minute, oh these two examples equate 1.6 billion. How much was that debt? Wait, in 2 years, so double that to 3.2 bill. If I read their financial statements correctly, they have 3.8 billion in Long Term Debt. I'm not too scared, they can pay this even if cease to ever make a profit which we all know will not be the case. The Lumia 900 is more stylish, larger and provides better value then the Iphone. Hence why sales in China are doing well.

interestingly, Verizon said today that unlimited plans are going away. That their gonna make those that are grandfathered pay more for the device. Giving data usage charges will continually increase, RIMM actually will be the biggest beneficiary as they use the least data thanks to their proprietary network a lot of the bandwidth is redirected. So BlackBerry has a very strong differentiation in that it consumes less bandwidth, hence why they're so successful in India. India is primarily 2 g or worse and the blackberry is the only smart phone that really works on low tech networks.
18 May 2012, 10:57 AM Reply Like

godalmightee13 Comments (378)
 
Well I don't see how any of these articles hold any weight. How many articles are attributed to the down fall of Nokia I follow 4 lol,
And most go over same old rubbish when there is answers to 'why and how and when' things are HAPPENING or maybe lololol - BORING
the more they short NOK the better the price and profit in the future for us I say when it starts to turns around in 12 months -- aw did Apple an ARM have this doom and die statements in the past lol. An now there every ones friend lol.
18 May 2012, 11:47 AM Reply Like

pollyserial Comments (902)
 
I too am long NOK from about 3.50, but I don't understand these kinds of emotional comments! News is what it is and it's often a contrarian indicator, esp. when it's divorced from data.

Early reviews, sales projections look good. Euro contagion and general market selling frenzy could drive it as low as 2.50 or even 2 but Q2 earnings should be interesting. It's holding up well here around 2.80. I'm looking to be a buyer again somewhere down here, but biding my time to see how the macro weighs on the stock.
18 May 2012, 12:31 PM Reply Like

DeepValueLover Comments (5137)
 
The positive reviews of Lumia phones better translate into cold, hard profits very soon or its curtains for market confidence in this once great phone maker.
18 May 2012, 01:05 PM Reply Like