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Lumia 920T (NOK) batches are still quickly selling out in China ... and that's not a good thing,...
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Wednesday, February 20, 5:45 PM ETLumia 920T (NOK) batches are still quickly selling out in China ... and that's not a good thing, argues Tero Kuittinen, since it points to ongoing production issues. Also of concern is the apparent delay of the Indian launch of the mid-range Lumia 620 (crucial to Nokia's emerging markets efforts) to early March. Kuittinen suggests declining volumes have hurt the priority given to Nokia by component suppliers, leading to shortages. Bloomberg previously reported only 30K 920T units had been shipped to China Mobile as of Jan. 30.
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This news story has 18 comments:
Anybody ever worked in distribution knows if supplier cannot fulfill terms and conditions of a partnership contract - penalty will follow. I just don't believe that China mobile or Nokia will let the supply issue remain unsolved by now.
Btw, I am so happy to add another 20k for a bargain price.
Id be surprised if the 30k number was accurate.
The actual title of the article is:
Limited edition Cyan Nokia Lumia 920 now on sale in China, sells out http://bit.ly/WXtE8R
So while production may or may not be getting better, we can't conclude that production is still broken because a *Limited edition Cyan Nokia Lumia* has sold out.
Hint: it's called "Limited edition" for a reason.
The Tero Kuittinen logic goes like this: whatever happens, Nokia is at fault. Always. Everywhere. At any time. In all parallel universes as well.
http://bit.ly/WbaZCB
http://bit.ly/155ZmTj
I think we will see a pop with MWC, so load up now, sell on the pop, then sit back and ride your long positions.
Is the media lying?
Certainly the 920 and the EOS are arguably better than the Big Kids' Best current Phones.
Bottom line, I am hopeful to be able to raise more cash to invest in $NOK at these prices before the MWC (likely IMO) pop. I just hope that NSN can carry $NOK long enough to break the logjam, for whatever reason it exists.
Check out this video of Lenovo's K900 Clover Trail + smart phone.
http://bit.ly/136FKzP