Seeking Alpha

Many companies with strong mobile exposure, including some Apple rivals, are outperforming a day...

Many companies with strong mobile exposure, including some Apple rivals, are outperforming a day after the iPhone 5 launch. MM +4.2%. VELT +2%. P +3.9%. RIMM +1.6%. NOK +6.4%. QCOM +2%. Is this just a case of sector rotation at work?
From other sites
Comments (4)
  • Wealthlover
    , contributor
    Comments (6) | Send Message
     
    I'm VERY new to investing...but QCOM options are making me very happy today
    13 Sep 2012, 05:46 PM Reply Like
  • suhterdp
    , contributor
    Comment (1) | Send Message
     
    Well, I am an apple user but lately started to compare the new smartphones as there has been new product launches from all the major players! At the moment I am planning to go to WP8 with Lumia, as it is a technically sound machine! I would hope MS announces some new great MS linkage to the PC MS product line! It would make it an unbeatable business product, which Apple would have difficulties to match!
    13 Sep 2012, 05:58 PM Reply Like
  • KIA Investment Research
    , contributor
    Comments (11631) | Send Message
     
    Good choice suhterdp.
    Good old NOK is up 10% over the last 2 days, I think the market likes how it stacks up against the iPhone 5.
    13 Sep 2012, 07:15 PM Reply Like
  • a_rob
    , contributor
    Comments (133) | Send Message
     
    I'm encouraged to see Nokia rallying after the disappointing iPhone 5 annoucement. However, I'd have liked investors to have treated Apple like the did Nokia - lambast the company for releasing an uninspiring product! If Nokia's new device is 'disappointing', then what does that say about the iPhone? Of course, most analysts are fickle enough to be basing their 'disappointed' attitude to no details being released about Nokia's price or availability - but if fair was fair they'd have reapplied their disappointing label to Apple, instead of trying to hang on to any redeeming upgraded features they can find in the new iPhone and give it a 'middling' position.

     

    Joys of fickle investors!
    14 Sep 2012, 09:30 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs