Seeking Alpha

Nokia (NOK) jumps 6.3% after being the subject of a number of articles describing the strength...

Nokia (NOK) jumps 6.3% after being the subject of a number of articles describing the strength of the Lumia line, including from SA author Muhammad Bazil, who writes that "Nokia's much needed breakthrough could be somewhere in China." The Lumia 920T sold out within just two hours of its Shanghai debut, "underscoring huge demand for the device." Also see here and here.
From other sites
Comments (5)
  • deercreekvols
    , contributor
    Comments (6796) | Send Message
    There are tens of millions of NOK users in the world. Too many focus on US sales and forget that it is a pretty big world out there.


    Go NOK!
    2 Jan 2013, 09:21 AM Reply Like
  • vk007
    , contributor
    Comments (73) | Send Message
    Tens of millions of NOK users...


    That's a little bit on the low side. Today there are more than one billion Nokia-phone users in the world.
    2 Jan 2013, 01:00 PM Reply Like
  • tsiwen
    , contributor
    Comments (106) | Send Message
    Waiting for the Jan. earnings report from NOK. China sales are the key. THEN get ready for a wild ride. Sold my Jan. calls+ but holding stock long - less shortterm risk.
    2 Jan 2013, 10:43 AM Reply Like
  • ericmeister
    , contributor
    Comments (350) | Send Message
    Yes, maybe the news are related to queues and sold-out status in China. There are also news like "Windows Phone fastest growing operating system of 2012 with 290 % growth"



    The first one tells about interest towards Nokia, and the second one hints about the sales volume
    2 Jan 2013, 11:51 AM Reply Like
  • Morgue12free
    , contributor
    Comments (2) | Send Message
    I think the media should extend their focus beyond the US. The Lumia series are a great line of product and more attention needs to be focused on its performance outside the US.
    2 Jan 2013, 03:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
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