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More on Nokia: The company has also received another bearish note from Bernstein's Pierre...

More on Nokia: The company has also received another bearish note from Bernstein's Pierre Ferragu, a long-time critic. Ferragu joins others in taking a cautious view of the impact of the Apple-Samsung verdict; thinks Q3 results could miss estimates; notes Lumia models are being heavily discounted in the UK, and says global surveys have consistently shown a "lack of consumer interest" in Windows Phone. He views Nokia's recent rally as a good shorting opportunity.
Comments (23)
  • Bill-Devine
    , contributor
    Comments (6) | Send Message
     
    Personally saying that there is a lack of interest in Windows phones is a lot of hogwash. Currently people are waiting on WP8 to come out since WP7 phones cannot be upgraded. After all why buy a phone that you know will be obsolete in a few months. Let's weigh in on WP8 when the phones come out and see how it performs rather than base your opinions on something that is not relevent.
    29 Aug 2012, 10:57 AM Reply Like
  • techy46
    , contributor
    Comments (6065) | Send Message
     
    "Q3 results could miss estimates; notes Lumia models are being heavily discounted in the UK, and says global surveys have consistently shown a "lack of consumer interest" in Windows Phone"

     

    All true except substitute "lack of consumer knowledge about". Q3 could definitely miss but so what, Lumia are being discounted due to pending WP8 device release. More importantly, "going bankrupt" is really off the table along with "Microsoft Surface phone".
    29 Aug 2012, 12:25 PM Reply Like
  • techy46
    , contributor
    Comments (6065) | Send Message
     
    I somewhat agree and disagree. A lot of Microsoft ecosystem users are like the ones you describe. However, many "consumers" were not aware of Microsoft and Nokia Windows Phone efforts until the recent Apple vs Samsung contest was popularized. Let's see how the consumer awareness changes when there's dozens of Windows 8 tablets offered from well know vendors including Microsoft and the natural marketing and sales pitch is "Windows 8 Phones and Tablets". Samsung will be jumping in W8 and WP8 after this butt kicking and that's great for the entire Windows ecosystem.
    29 Aug 2012, 12:25 PM Reply Like
  • jackfish3
    , contributor
    Comments (2) | Send Message
     
    i agree with you Bill Devine ---but the Guy is a Long time Critic of NOK ---so he couldent Possibly come with any other kind of a Report
    29 Aug 2012, 12:28 PM Reply Like
  • pureview8
    , contributor
    Comments (226) | Send Message
     
    It is no longer a good business decision to go with the "free" OS built on theft of intellectual property. Android is damaged good. It will never recover from the recent blow.

     

    Going forward the alternative to iOS will be W8 / WP8.
    29 Aug 2012, 07:12 PM Reply Like
  • jjmc2001
    , contributor
    Comments (1285) | Send Message
     
    I hope no one trades based on this opinion or any other analyst. Most savvy investors have been ahead of the analyst community in the mobile space. I don't need an analyst to tell me to buy or sell after the stock has already made the move. Q3 is a transitional quarter in the mobile space for NOK, AAPL and others. Q4 and beyond is what is important.
    29 Aug 2012, 11:45 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (3828) | Send Message
     
    Q1,2,3 are all supposed to be...Nokia turning the corner, yet they haven't dead money until they can demonstrate the ability to make money. Boat loads of it, and right now, there is no demonstrable evidence they can.
    30 Aug 2012, 03:55 PM Reply Like
  • WhatdoIknow1
    , contributor
    Comments (660) | Send Message
     
    The fact is people are not familiar with the operating system yet. The people who have ventured into the unknown with windows phone have given it higher ratings than any other. I know techs will argue this or that but regular people who have tried it generally like it more. The active tiles are the key. Nokia will be fine. All the trial did was cause the fools to buy what the experts were selling into. I wouldn't short though; the feature phones are doing to good of a job and time is definitely not in a shorts favor. The more that passes the better the austerity works, more people are introduced to windows and the less likely bankruptcy gets. The trials involving apple and the imitators will take years to effect any real change and will most likely leave both sides scared. That's what usually happens in a war. Corporate war probably isn't that much different. O_O
    29 Aug 2012, 11:56 AM Reply Like
  • Charles Santerre
    , contributor
    Comments (1242) | Send Message
     
    My only concern is that NOK issues a statement before the end of the Q to say that results will be even worse than what was said in the last conf call. No news is good news.
    29 Aug 2012, 12:01 PM Reply Like
  • jjmc2001
    , contributor
    Comments (1285) | Send Message
     
    In the words of Yogi: "Deja Vu all over again". I expect Lumia sales to be terrible but I am getting some good vibes on what I read about Asha sales.
    29 Aug 2012, 08:18 PM Reply Like
  • trustgus
    , contributor
    Comments (8) | Send Message
     
    Amazing how this guy can say something like this and watch it work to his advantage. I bet he made millions this morning.
    29 Aug 2012, 12:28 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (3828) | Send Message
     
    I doubt a blurb on Seeking Alpha is a market mover, give me a break, you guys are in denial about this stock, its not a broken stock its a broken company and it has yet to demonstrate it can make a profit. Sitting on a huge cash position is not an indicator of health. Face the facts, this company is in real trouble.
    30 Aug 2012, 03:56 PM Reply Like
  • jackfish3
    , contributor
    Comments (2) | Send Message
     
    i agree with you Bill-Devine ---But then again the Guy is a Long time Critic of NOK so he couldent Possible come with any other kind of an Opinion but Negative.
    29 Aug 2012, 12:28 PM Reply Like
  • westkite
    , contributor
    Comments (218) | Send Message
     
    I notice that some of the people who were making comments 1 to 2 months ago are no longer making any comments. Played the game very well: get online tell people to buy or sell by feeding them a lot of BS, then when they make the profit, leave. Very well done. What a bunch of ASS and BSs. I have been telling people not to listen to people online, and their actions are proofs.
    29 Aug 2012, 12:41 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (3828) | Send Message
     
    Not true, I told ya that rally was fake. Wait till bad earnings, back to sub $2.
    30 Aug 2012, 03:56 PM Reply Like
  • techy46
    , contributor
    Comments (6065) | Send Message
     
    "He views Nokia's recent rally as a good shorting opportunity."

     

    He might be right if Nokia's PS were really about the Apple-Samsung dispute benefiting Microsoft and Nokia but shorting now is pretty risky ahead of the Sept 5th Lumia 910-920 WP8 event and the Oct 26th Windows 8 event. His shorting advice does present some more buying for averaging opportunity in the 2014 Jan $3 Nokia calls. The Nokia-Siemens-Flex new plant location in Brazil is interesting also.
    29 Aug 2012, 12:50 PM Reply Like
  • Origa
    , contributor
    Comments (543) | Send Message
     
    The only interesting part of this article, is the 80% Rise in stock price, and the Forbes author tries to get points for an obviously sale of NOK stocks. 80% Return, is in fact a very good result for the time period.

     

    Secondly, with the rumor on WP8 phones being released at Nokia World here the 5-6 September, it is so unwarranted to tell anything about the success of Lumia.

     

    Today, noone knows what Lumia is coming and what iPhone 5 is going to be like. The market may not accept the same iPhone 3GS, 4, 4S and 5 type if it is principally the same product.

     

    To be bullish about Nokia feature phone / dumb phones, the market is there. There are winners even in a declining world wide economy.
    29 Aug 2012, 01:23 PM Reply Like
  • sreimer77
    , contributor
    Comments (239) | Send Message
     
    It's too bad were not in France during the French revolution so we can take the guillotine to those who spread deceitful bits of information for their own personal gain. Especially when that information is willfully aimed at the destruction on an economic entity. Nokia, like all companies, are the economic engines for any society. They pay taxes, employ people, buy/sell goods on a global basis. By employing people, they are enabling those soles to improve upon their economic status and therefore help provide for mobility within the social fabric's of our GLOBAL society. Spreading mis-leading information, falsehoods and straight out lies is a direct attack against all those who benefit from the existence of these entities such as Nokia. TI sells chips, Corning the glass etc, so it does affect the entire supply chain and thus the US as well. A century ago, these acts, the ones that serves to destroy such an entity and therefore the prosperity that is a result, would be sent straight to the chopping block!

     

    I am sitting with a droid incredible with its shattered screen, and have been waiting patiently for Nokia W8 and will be purchasing upon release at Verizon. I have used the Iphone (wife), Ipad (Wife), own a Blackberry playbook, which by the way its operating system or BB10 is phenomenal. So by saying consumer's have shown a lack of interest and placing everyone into one bucket, is really just a racist comment. All White's have a superiority complex, Woman can't drive cars, all Blacks get divorced, Jews are greedy, Muslims fanatical, Chinese are all cheaters. Whenever you generalize you end up with a biased and racist perspective.....
    29 Aug 2012, 01:38 PM Reply Like
  • 1mp1r3t4
    , contributor
    Comments (326) | Send Message
     
    I'll be happy with my WP 7.8 upgrade. Bring it on!
    29 Aug 2012, 01:49 PM Reply Like
  • yblarrr
    , contributor
    Comments (885) | Send Message
     
    Just do not deal with Bernstein's people. Note all these brokerage
    dealers are shills for the big money. To give them any credence is
    to sink to their level. SA should be do a better job of insuring that
    their readers are not being set up by these guys.
    29 Aug 2012, 03:11 PM Reply Like
  • godalmightee13
    , contributor
    Comments (492) | Send Message
     
    been reading at a UK phone store > .phones4u_co_uk.htm < and the chat regarding Lumia 900 is favorable from owners. :-)
    29 Aug 2012, 08:50 PM Reply Like
  • westkite
    , contributor
    Comments (218) | Send Message
     
    SamSung will outsell Nokia in WP8 phone. Period.
    30 Aug 2012, 01:06 AM Reply Like
  • Matthew Davis
    , contributor
    Comments (3828) | Send Message
     
    If Samsung switches to WP8, I will trade in my Nokia for one. I love the Nokia, but its not better than a Samsung.
    30 Aug 2012, 03:56 PM Reply Like
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