Seeking Alpha

Michael Michaud's  Instablog

Michael Michaud
Send Message
Michael Michaud is the founder of Invest2Success.com (http://www.invest2success.com/) and the Invest2Success Blog (http://invest2success.blogspot.com/). He has been investing and trading in the financial markets since 1989. He founded Invest2Success.com to empower individual institutional... More
My company:
Invest2Success
My blog:
Invest2Success Blog
  • China Mobile Offers Customized Lumia 0 comments
    Dec 9, 2012 6:06 PM | about stocks: CHL, AMZN, T, NOK, AAPL, MSFT

    China Mobile

    December 08, 2012 - China Mobile Offers Customized Lumia - By Zacks Investment Research

    China Mobile Limited (NYSE:CHL), the largest telecom carrier in the world, has launched a customized Lumia 920T for its customers. Lumia 920T became the first Windows-based smartphone that runs on China's national grown technical standard TD-SCDMA (Time Division Synchronous Code Division Multiple Access).

    Lumia 920T shares almost identical features with the one offered in the Western countries. It possesses Pureview's advanced floating lens technology and Nokia City Lens, which offers bright picture and advanced location service respectively.

    Furthermore, Lumia 920T integrates with Chinese web service providers like, Sina, Sohu, Tencent, Baidu and will provide access to two of the most famous application stores of China. China Mobile's customers can avail the phone by the end of the year and will cost them around $739, if bought from retail market.

    Grappled with increasing pressure from Apple Inc.'s (NASDAQ:AAPL) iPhone and other Android-based phones, Nokia Corporation (NYSE:NOK) tied up with tech giant Microsoft Corporation (NASDAQ:MSFT) in 2010 to offer Windows-based phones. However, the partnership has not yet delivered any meaningful result for the company.

    Nevertheless, since November, things seem to improve for the Finnish handset manufacturer. Nokia recently reported that it has seen strong demand for Lumia 920, since the device became available in early November and went out of stock at online retailer Amazon Inc. (NASDAQ:AMZN). AT&T Inc. (NYSE:T), Nokia's exclusive partner for its flagship device has also reported that it only has the white model left in its shelves.

    Nokia is also doing well in other parts of the world particularly in Germany and Australia, where the company has experienced sellouts of its flagship Lumia 920. The tie up with China Mobile has come at the right time for the Finnish handset manufacturer as tapping the biggest carrier in the biggest smartphone market will help Nokia to increase its market share in the country.

    Armed with a more than billion plus population and a 3G penetration of as low as 19%, China provides huge growth opportunity for Nokia. However, Nokia reported lackluster results in China in the third quarter, with sales declining 62% year over year. Partnering with China Mobile and using the company's own technical standard will help Nokia to win back its lost market share.

    China Mobile and Apple are still having some issues over the company's TD-SCDMA standard and the revenue sharing policy, which is delaying the carrier's iPhone launch. We believe teeming up with the biggest carrier in the country will allow Nokia to grab some of the impatient Apple customers in the Mainland.

    We retain our long-term Neutral recommendation on Nokia Corp. However, it holds a Zacks #2 Rank, implying a short-term Buy rating. China Mobile also holds a Zacks #2 Rank, implying a short-term Buy rating.

    Asia-Pacific Markets

    Intraday Forecasts on the Hang Seng, Nikkei 225, MSCI Singapore, ASX 200, STI, Kospi 200, MSCI Taiwan Stocks
    You get short, clear forecasts for the direction throughout the trading session, most with short-term Elliott wave-labeled charts. And you get precise support and resistance points, so you always stay in control of your position risk.

    December 08, 2012 - China Mobile Offers Customized Lumia - Review Complete Article Below

    Morningstar Asia

    Morningstar Asia Investment Research Free Trial

    Asia Pacific Financial Forecast

    Asian-Pacific Financial Forecast

    Accurate Gold Forecast

    Gold Silver Alerts Reports Signals Trading
    We send Buy and Sell signals, on average 30 to 50 times per month and you can easily make money in the gold and silver spot markets and commodities market with these Sell and Buy signals. It's that easy! Our gold trading signals and silver trading signals are valuable to the forex gold spot market traders and also for the long term gold investors in commodities market. We post the new gold signal every day in the users section of our web site. It will also be emailed to you, so you will not miss any signal.

    InstaForex Metatrader

    Instaforex Metatrader
    Voted Best Asian Broker
    Forex - Gold Silver Copper Oil - Commodities - Futures - NYSE CFD's

    Industry standard Metatrader platform. ECN & Standard Spread Accounts. ECN Spreads As Low as 0.10 Pips. 3 Pip Standard Account Trading Spreads. Trade Gold Silver Copper Oil and Agriculture Commodities Also. Forex Analytics Buy Sell Trade Signals. Metatrader Expert Advisors Auto-Trading & Free VPS Service. Mobile SmartPhone Metatrader Software Trading. ForexCopy Trade Copier. Forex Training Course & Videos. Instaforex TV. Trading Contests. No Minimum Opening Account Balance. Easy Deposit Withdrawl. Earn Annual Interest Paid Monthly On Your Cash Account Balance. Swap-Free Accounts Available. Easy Online Adjustable 1:1 to 1:500 Leverage. Hedging Allowed. New Account Bonus Deposits. 24 / 6 Support

    AVAFX China

    Scottrade China

    Disclosure: I am long CHL.

Back To Michael Michaud's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.