Market Currents
Thanks to supply constraints, Nokia (NOK -1.9%) only shipped 30K Lumia 920T units to China...
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Thursday, February 7, 11:47 AM ETThanks to supply constraints, Nokia (NOK -1.9%) only shipped 30K Lumia 920T units to China Mobile through Jan. 30, even though the world's biggest mobile carrier ordered 90K. Bloomberg reports most China Mobile outlets aren't carrying Nokia's flagship Windows Phone ahead of the Chinese New Year holidays due to the constraints - Stephen Elop has already stated Q4 920 sales were hurt by limited supplies (reportedly due to chip shortages). Nokia's Chinese sales fell 79% Y/Y in Q4.
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This news story has 33 comments:
And, even if this rumour is to be true. Do you know the reasons? Do you know the effect of delaying 60.000 Lumia 920T phones on Nokia's balance sheet or your share price?
- $ 4.2 million / - $ 0.001 per share
Don't forget, Bloomberg is very closely attached to its Wallstreet sponsors. It would be unwise to sell or buy your shares on every little rumour Bloomberg (or any other Wallstreet press) is spreading on the internet.
Furthermore, it is only positive that demand exceeds supply. Much better than the other way around
http://bit.ly/KpJ6Wg
I am long $NOK, and these supply issues are driving me nuts.
http://amzn.to/12hXq9O
From the green text I'm guessing there's 1 in stock.
http://amzn.to/VK2weE
It's November all over again but in China.
Says something when Samsung looks original.
Oh and Apple's best is in 15th spot. Totally different market.
The large assembly firms in China have shown the ability to expand capacity rather quickly--unless the nature of the phone proves to be a problem, e.g., assembly scratches on the aluminium exterior of the iPhone 5. If, on the other hand, it's a parts issue, then there is nothing about expanding assembly facilities in Vietnam that will alleviate the supply constraint.
You must have been VERY busy to have canvassed everyone in China. You must be exhausted. :-)
"People all over the world want Android devices." Wow, again. I'll get this observation to Apple quickly so they can serve the $100B+ cash reserves they've accumulated by selling iOS devices. Stop the presses! No more iOS devices.
What AAPL has to do with this, I don't know.
I've never attended a NOKIA event, and I'm certainly not attending one now. You clearly have buyer's remorse, but that's your issue to work out.
"What AAPL has to do with this, I don't know." Come on! You're the one who offered the observation that "People all over the world want Android devices. Simple as that." Either this statement is true, or it's not.
Now, if you meant to say that people prefer Android to the WP8 software stack, then say that rather than the more blanket statement you made instead. Clearly, there's room for iOS, perhaps BBRY's proprietary stack, and possibly WP8. With Microsoft's deep pockets--and their pride--history would suggest that writing them off may be hasty.
Here's the thing about NOK: It's clearly not a day trader's stock. Only time will tell if WP8 will grab marketshare, and if so, how much will accrue to NOK. Is it likely that WP8 will one day rival Android devices? Today, that doesn't appear to be likely. However, a 10% share of the world market isn't anything to sneeze at. And 10% for WP8 may be possible in the next year or so.
Finally, the lion's share of Android platforms is coming from Samsung. Samsung has already stated their intent to abandon Android for Tizen. See: http://onforb.es/V1Ya00
At the end of the day, it sounds like you believe the device platform wars are over and settled, while I believe we're still in the early rounds of this battle.
Good luck.
This is an ops problem not a market problem.