Send Message
View as an RSS Feed
  • Nokia's Turnaround Underway As Lumia 521 Sells Out In Wal-Mart  [View article]
    Hmm. Sounds like a buy expensive strategy to me.
    May 7, 2013. 02:45 PM | 1 Like Like |Link to Comment
  • Nokia's Turnaround Underway As Lumia 521 Sells Out In Wal-Mart  [View article]
    No they made that mistake before. The media is US based; if they aren't there they don't exist.

    The low stocking is frustrating, it's something they very badly need to fix. The user satisfaction ratings for their phones are great, people like them but they need to get them into their hands.

    (Long NOK for the longer term)
    May 7, 2013. 02:44 PM | 3 Likes Like |Link to Comment
  • "It's almost biblical," says Apollo Global (APO) CEO Leon Black. "There is a time to reap and there's a time to sow ... We are harvesting." The P-E kingpin says Apollo has unloaded about $13B in assets over the past 15 months. "The financing market is as good as we have ever seen it. It's back to 2007 levels. There is no institutional memory ... We're selling everything that's not nailed down."  [View news story]
    Once in a lifetime? No, that was 1980-2000. It did this in 2004-7 as well. That's three times in my lifetime so far.

    And... When the music stops only a small handful can make money.

    He who sells first sells best.
    May 6, 2013. 04:38 AM | Likes Like |Link to Comment
  • Why Apple Is Becoming Irrelevant  [View article]
    Apr 30, 2013. 09:31 AM | Likes Like |Link to Comment
  • Why Apple Is Becoming Irrelevant  [View article]
    This is what makes Apple irrelevant:


    iOS 7 will be WP 8. You can already buy the next generation Apple. It's called a Nokia Lumia.

    Nok's already won, it'll just take the market a year or two to notice. (long NOK)
    Apr 30, 2013. 09:30 AM | 1 Like Like |Link to Comment
  • Early chatter on the Apple (AAPL) debt offering has 3-year paper priced around 35 basis points over comparable-maturity Treasurys and 10-years priced 90-95 bps above (Microsoft priced at +70). The 3-year Treasury currently yields 0.31%. Borrowing at 0.66%, Apple can buy back shares yielding nearly 3% (with free cash flow yield far higher than that).  [View news story]
    No new products and copying the competition in design:

    Yup. iOS goes WP8.


    If that isn't a raging red flag to dump the stock and avoid the bonds I don't know what is. Will we see colour, sharper corners and polycarbonate handset cases in the purported cheaper device?

    (long NOK) Y'know, the guys who actually innovate.
    Apr 30, 2013. 09:21 AM | 1 Like Like |Link to Comment
  • Nokia (NOK) has scheduled a May 14 event in London to show off new Lumia hardware. The rumor mill has indicated Nokia is working on an aluminum Lumia 920 successor (codenamed Catwalk), a Windows Phone with a 41MP PureView image sensor, and a Galaxy Note-sized phablet. Meanwhile, Nokia has begun selling its $20 105 feature phone (previous) in China, as it tries to regain lost ground in the country. In spite of the price, a Nokia exec claims the phone's profit margin (presumably he means gross margin) is comparable to that of Nokia's smartphones.  [View news story]
    Sales of basic devices and Asha's the problem though...

    While yeah the big Pureview sensor on a WP8 device will be important, the hemoraging at the bottom end needs to be fixed and concerns me more than the top end. They need to convert basic users -> Asha and from there as the economies become wealthier and hardware cheaper -> Lumia.

    This means they have to make Asha better than Android on the cheapest hardware, and it seems against subsidised chinese competitors.
    Apr 25, 2013. 08:09 PM | 1 Like Like |Link to Comment
  • Nokia As Comeback King: Using A Grassroots Approach To Win  [View article]
    Care to post your script? Or at least put a chart up on a web site with the data?

    It is a very interesting way to do real time or near real time monitoring of public sentiment. BTW, this stuff is gold to marketing departments, if it works reasonably well you've got something marketable there.
    Apr 24, 2013. 05:08 PM | 1 Like Like |Link to Comment
  • The Fundamentals Are Starting To Matter  [View article]
    Just saw this chart on ZH.

    It says that the *only* thing that matters is the FED balance sheet.

    Apr 22, 2013. 03:56 PM | Likes Like |Link to Comment
  • Fresh images of Nokia's (NOK -3.3%) Lumia 928 (reportedly due to hit Verizon this month) indicate the presence of a PureView camera (relative to the 920). Nokia is counting on the 928 to lift flagging U.S. sales - while Lumia sales rose in Q1 in most international markets, Nokia's U.S. device sales (Lumia-driven) fell to 400K, down 33% Y/Y and also below Q4's 700K. The images arrive shortly after the FT reported Nokia plans to launch a phablet and (backing up a prior report) a Lumia with a 40MP PureView sensor. Separately, images of Nokia's rumored "Catwalk" aluminum Lumia phone have leaked in China[View news story]
    they need to work on those leaks. Sounds like the 928/Catwalk are basically the same device.

    Still. End of exclusivity... Finally.
    Apr 19, 2013. 03:55 PM | 2 Likes Like |Link to Comment
  • Nokia's Problem Can Be Fixed  [View article]
    I read this article about a month ago.

    The problem is not Lumia, that's on an uptrend. It's their basic phone division that needs some magic mixed in.
    Apr 19, 2013. 03:49 PM | 2 Likes Like |Link to Comment
  • Apple $395: Time To Give Up And Abandon Ship?  [View article]

    I would be very tempted at this point if it didn't look to me like *everything* was just about to roll over.
    Apr 19, 2013. 03:45 PM | Likes Like |Link to Comment
  • How Bitcoin Works And What That Says About Long-Term Bitcoin Value  [View article]
    Sounds to me like it doesn't scale if all transactions get announced to all.
    Apr 18, 2013. 04:57 PM | Likes Like |Link to Comment
  • Nokia's Perplexing Q1 2013 Results  [View article]
    Not the point. Lumia did OK, a 27% quarter increase is nothing to be sniffed at.

    The Mobile Phone division is where the current problem lies. They saw a decline of 20 million and a decline in average selling price. So they're going to have to think very hard about what they're producing, and WP doesn't run at all on the hardware we're talking about here.

    First of all the report says the keyboard based devices did worst, so I suspect we'll see most of them simply getting cut.

    Then if you look at the user interface and physical design cues for Asha, they are very much related to the Symbian devices, not Lumia, clearly they were designed around the same time as the Symbian ones. i.e. they've been concentrating on turning round smart devices, not mobile phones.

    e.g. Symbian range designs:

    Asha range designs:

    Lumia range design:

    They need to refresh the low end design to match Lumia, to give a single look and feel to Nokia devices. At the moment the two ranges look like they're coming from entirely different companies.

    Note. The reduction in HERE's revenue is related to internal payments from their phone divisions.
    Apr 18, 2013. 04:30 PM | 6 Likes Like |Link to Comment
  • Nokia's Perplexing Q1 2013 Results  [View article]
    They've rolled out a full line. 520 - 920
    Apr 18, 2013. 04:02 PM | 3 Likes Like |Link to Comment