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css1971

css1971
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  • Nokia's Asha 501 Proves The Company Still Is A Formidable Competitor [View article]
    Doggiecool.

    It's not a technical issue. They probably have Android running on the hardware already. It's almost identical hardware internally to any Android device, much of it comes from Qualcomm. Frankly they could probably get Android up and running on a new prototype device in less than a day, possibly in minutes. It's purely a business thing.

    Again. The handsets are commoditised, haven't you noticed how they all look the same these days (apart from NOK)? There is going to be zero margin in selling Android devices, and you can't provide your own services behind them and make money that way because Google does that. HTC are getting killed just now, and Samsung is next.

    (long NOK)
    May 15 04:12 PM | 2 Likes Like |Link to Comment
  • Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along. [View news story]
    Should I, should I? Yup. I should.

    The question is. Are people being responsible, living within their means?

    Europe... nope.
    China... nope.
    America... nope.
    Japan... WTF?

    Deficits everywhere. Interest rates negative eveywhere. Currency debasement increasing not decreasing. "Growth"? lol. It's going to be a laugh the next time the US debt ceiling comes around. Tapering? Really?

    There's nothing says I should be holding currency, especially not in a bank and western stock and bond markets are pricey.
    May 15 03:54 PM | 2 Likes Like |Link to Comment
  • Nokia's Asha 501 Proves The Company Still Is A Formidable Competitor [View article]
    You're all missing the point. Handsets are becoming commoditised. They're all the same inside, the OS from Google is the same, the services from Google are the same. How do compete? Price. Handsets are becoming a *zero* margin business.

    Nokia know this.

    So you have to have a device/service model where you're providing better services which are tied to your handsets. People will pay for that. This is what IBM pioneered very successfully a couple of decades ago, and Apple brought it hugely successfully to the mobile phone sector.

    Nokia have pushed out a bunch of highly desirable services tied to their handsets; highly compressed mobile browser, free music, maps, drive, transport, city lens, location built into everything. In addition to their highly desirable handsets (look great, great quality, world beating cameras etc)

    In 2-3 years, Samsung, are HTC. They just haven't figured it out yet... Ok they actually have and are desperately trying to get *away* from Android/Google; expect that to intensify.

    (Long NOK)
    May 15 07:05 AM | 3 Likes Like |Link to Comment
  • Nokia's Asha 501 Proves The Company Still Is A Formidable Competitor [View article]
    Nope. Cheapest I see that sim free is £80 : $120

    Subsidised it could be $0 but it's impossible to compare subsidised phone prices.

    p.s. you're wrong. :)

    (long NOK)
    May 15 06:55 AM | Likes Like |Link to Comment
  • Nokia's Asha 501 Proves The Company Still Is A Formidable Competitor [View article]
    This Asha 501 looks like a beautiful low end phone... To be honest I suspect it's (and Asha) are more significant than the high end Lumias, or even the low end Lumias.

    My biggest concern is if it's competing against Chinese Droids which come from government subsidised producers with much higher hardware spec it's going to be difficult to win. Though the video it looks great.

    I think we may see them for free on contract, the benefits for the network operators are huge. They can slash their subsidy programme massively, that goes straight through to their bottom line which is getting squeezed at the moment. They can overcommit their network due to the network compression the Ashas run. That also goes straight through to their bottom line. In a recessionary environment, like Europe and soon, China it's win win for them.

    When the 3G version comes out I'm getting one. Hell it's a smartphone with a 48 day battery life... though I imagine 3g will be shorter.

    (long NOK)
    May 15 06:44 AM | Likes Like |Link to Comment
  • Nokia (NOK +4.5%) catches a 2-notch upgrade to Buy from Denmark's Danske Bank, and responds accordingly. The firm cites growing optimism about Nokia's debt-raising and turnaround abilities, and the improving performance of Nokia Siemens. Meanwhile, a teaser ad for an upcoming Lumia phone shows a device with an aluminum body and large lens. Is it the Catwalk phone, or a Lumia with a 41MP PureView sensor? Either way, odds are it'll be unveiled at tomorrow's London event[View news story]
    PureView windows phone. Finally... It's the only thing that makes sense.

    Hmmm which means the 808 will be going cheap... Even if you never used it as your main phone, how many 40Mp cameras with enormous sensors are there around? With wifi, bluetooth & cell data support no less. Still €560 today... Lets see.
    May 13 02:15 PM | 1 Like Like |Link to Comment
  • Escape Strategies For When The Stock Market Starts To Burn [View article]
    Yup. Bonds.

    Treasuries are going negative yield.
    May 12 05:34 PM | 3 Likes Like |Link to Comment
  • It's Still Fool's Gold For A While Yet [View article]
    Gold is still about averagely priced with respect to other commodities. It hasn't changed much.

    Which means that If gold's dropping so are all the other commodities. If all the commodities are dropping then it's because the world economy (China) is tanking. If the world economy is tanking then the S&P 500 & DOW are going to follow the commodities off the cliff real soon.

    What you probably should be buying *yesterday* in that case is short term US Treasuries.
    May 12 05:21 PM | Likes Like |Link to Comment
  • Can Glass Do An iPad For Google? [View article]
    "Google (GOOG) will become the first major company to introduce a commercial version of an Augmented Reality (AR) product"

    Um... Nokia City Lens. Already comes free with every Lumia. Just point & look.

    (long NOK)
    May 9 04:39 AM | Likes Like |Link to Comment
  • Nokia Vs. Apple And Samsung - Observations From A Vacation In Italy [View article]
    I don't believe it. They tested solar a year back & even on their basic phones it would only be useful near the equator. Smartphones suck so much power you'd need a relatively large solar panel.

    (long NOK)
    May 8 09:44 AM | Likes Like |Link to Comment
  • Nokia Vs. Apple And Samsung - Observations From A Vacation In Italy [View article]
    Italians are probably the most mobile phone conscious consumers in Europe... They're also in a recession/depression just now.

    Which is a huge opportunity for the low end Lumias & Ashas.
    May 8 09:30 AM | 3 Likes Like |Link to Comment
  • The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. [View news story]
    Gold isn't an investment. You won't make much money on gold or silver. Gold is a savings plan which you (given time) will get out broadly only what you put in. Though the numbers may be much larger.

    The way I think about it... In 1971, children's piggy banks stopped working. Had you noticed that kids don't save in piggy banks any more? That's because American President Richard Nixon and the world banking fraternity came along and robbed them all. They robbed the piggy banks of millions of children all over the world.

    Gold and silver simply make piggy banks work again.
    May 7 03:11 PM | 2 Likes Like |Link to Comment
  • The bounce in precious metals takes a breather, with gold (GLD) off 1.6% and silver (SLV) off 1.2%. It's more tough news for John Paulson after his gold fund reportedly lost 27% in April, bringing the YTD loss to about 47%. Add David Einhorn to those taking a hit: "We were somewhat surprised by the swift decline," he said on the GLRE earnings call (transcript), especially given the BOJ's joining in "the global monetary printing race." Einhorn sees nothing to change his long-term bullish stance. [View news story]
    Well, we don't know, but historically what they are renowned for doing is pushing and pushing and pushing till the dam breaks. Then you get all the inflation you could ever need.

    Oh and you're on the heavy side of the boat.
    May 7 03:00 PM | 1 Like Like |Link to Comment
  • Nokia's Turnaround Underway As Lumia 521 Sells Out In Wal-Mart [View article]
    Lumia sales are already up.

    The question is the "dumb" phone division and what Asha sales are doing.
    May 7 02:50 PM | Likes Like |Link to Comment
  • Nokia's Turnaround Underway As Lumia 521 Sells Out In Wal-Mart [View article]
    I'm much more concerned by their Asha strategy.

    Their Mobile Phone division which had been holding up the ship is now plummeting, their smartphone division has been turned around and is heading the right way.
    May 7 02:48 PM | 4 Likes Like |Link to Comment
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