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Nokia (NOK) reportedly intends to launch several new flagship smartphones this year as it looks...

Nokia (NOK) reportedly intends to launch several new flagship smartphones this year as it looks to generate faster sales momentum. New devices will include a "phablet" similar in size to Samsung's Galaxy Note but with more advance specifications, and a handset that incorporates the company's advanced Pureview imaging technology and 40 megapixel camera. Shares -1.4% premarket ahead of Nokia's results.
Comments (14)
  • Wilson Wang
    , contributor
    Comments (882) | Send Message
     
    I hope I read that right... "40 megapixel camera"... who the hell needs that kind of camera on a smartphone! My god...
    18 Apr 2013, 05:07 AM Reply Like
  • Tasos Galanopoulos
    , contributor
    Comments (114) | Send Message
     
    Wilson, it's not for snapping 40Mpixel photos. It's for supersampling so that one can achieve 'lossless digital zoom'. It's a clever approach since fitting optical zoom lenses in a smarphone makes it considerably bulky http://bit.ly/17rb4qS
    18 Apr 2013, 05:39 AM Reply Like
  • Pius Ughakpoteni
    , contributor
    Comment (1) | Send Message
     
    It's good to hear that. This is evidence that Stephen Elop and his team are gradually rising to the challenges associated with the disruptive innovations of yesterday's newcomers to the mobile phone industry.
    18 Apr 2013, 05:43 AM Reply Like
  • marketingbyraj
    , contributor
    Comments (3) | Send Message
     
    I will buy for sure
    18 Apr 2013, 05:43 AM Reply Like
  • Picnmix
    , contributor
    Comments (3) | Send Message
     
    If it takes better pictures then it's very valid. Catching that once in a lifetime shot, but then finding it's too dark, pixelated or cursed with noise sucks. Obviously you need a good lens too, but being able to print your photo out at a decent size is very useful.
    18 Apr 2013, 05:43 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (9549) | Send Message
     
    Then when the launch of these new products are botched (as Nokia tends to do) we can look forward to 2014 being the "turnaround year" with "exciting new products".

     

    Then when they blow that...2015 will be the new "turnaround year" and so on and so forth.
    18 Apr 2013, 05:48 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10149) | Send Message
     
    DVL - you got it. Nokia will turn around so often and at such speed so as to eventually lift off :)
    18 Apr 2013, 08:23 AM Reply Like
  • DrakeQT
    , contributor
    Comments (7) | Send Message
     
    The turnaround is already here for several months. The fact that the stock price doesn't reflect that is irrelevant. The company is rising from its ashes. It doesn't matter how high it will rise, because only the fact that it's not going bankrupt is a huge improvement.

     

    I was expecting a share price fall after earnings due to people being overly optimistic (as happened with Q4 earnings) and will strengthen my NOK position as soon as I feel the sell-off has bottomed out.

     

    The most important information for me is the huge increase in Lumia sales Q/Q. To beat "Q Christmas" by more than 25% is a huge surprise even for an optimist like myself.
    18 Apr 2013, 09:00 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10149) | Send Message
     
    Exactly. What's all the fuss about. I was happy this morning at -13% and am now down to €2,87. Being long means long.

     

    I am more than perplexed what some investors and analysts expected - with no profit warning given. A mirage? A forgotten profit warning materialising in Stephen Elop's desk drawer? Almost 3.1m "real" or "new" Lumias sold in the worst Q of the year, with supply and component issues, and with no marketing to speak of, is a good achievement, especially looking at Nokia's cash position and NSN performance.
    18 Apr 2013, 09:11 AM Reply Like
  • Lekoko
    , contributor
    Comments (198) | Send Message
     
    @DVL –

     

    Please give reference as to what products are botched. What are you speaking about?

     

    Productwise, Nokia has not put out any second rate product in the past couple of years. The fact is that their products are typically SUPERIOR products.

     

    Their Lumia and Asha products are on the whole equal or better than the competition, price for price, at the time of the introduction.

     

    The problem is at the management end, which I have cited in detail the past.

     

    No good reason to badmouth what is not really broken or is worthy of being critical.
    18 Apr 2013, 02:14 PM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10149) | Send Message
     
    DVL actually refers to Nokia's launch management, not the devices themselves, if you please re-read his post.
    18 Apr 2013, 02:42 PM Reply Like
  • mitrado
    , contributor
    Comments (2015) | Send Message
     
    So Nokia has officially changed it's name to Lumia, just like RIM become Blackberry?

     

    Who bought NSN and NavTeq from Nokia? Can anyone please tell me?
    18 Apr 2013, 07:37 AM Reply Like
  • Transcend Asset
    , contributor
    Comments (1622) | Send Message
     
    Are you serious? or joking? I don't think NSN or NavTeq are for sale at the moment?! And neither is the name change.
    18 Apr 2013, 07:59 AM Reply Like
  • Andreas Hopf
    , contributor
    Comments (10149) | Send Message
     
    No. It's called "Lumina" or "Gloomia". Please, read analyst's reports carefully ;)
    18 Apr 2013, 08:24 AM Reply Like
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