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  • Nokia's (NOK -2.6%) is likely to issue a Q2 warning in the next few weeks, writes RBC in a note that's pressuring shares. In addition to tough smartphone competition, the firm is worried about declining feature phone sales. Nokia's feature phone unit shipments fell 21% Y/Y in Q1 thanks to Android's low-end momentum, and its feature phone ASP fell 10% Q/Q and 15% Y/Y to just €28 ($36). [View news story]
    There's a saying. It goes:

    "Whose bread you eat, his song you sing."

    In the words of a market: iPads outsell Surfaces by a factor of at least 20. For the retail store it doesn't matter if it's a good or bad device, people just buy the stuff. And because you know people buy it, you want them to buy it at your shop, otherwise, you miss sales. Therefore, you train you staff to push the product hardcore so the consumers don't secondguess, they don't take time to decide and order online etc.

    Training staff costs time and money. Time and money that wouldn't recoup with Surfaces at the moment. Also, from a marketing point of view, it's always easier to sell stuff that you absolutely believe in. Therefore, once you brainwash your staff to absolutely believe in iPads, you can't do the same with Surface. Why? It would give consumers an option, they would wonder which of those 2 great devices to get, probably go home to think about it and probably visit another store to get a different opinion. There, a brainwashed salesperson would totally bash one of the products and call the other a divine device resulting in a lost sale for your store.

    The retailers probably know that W8 tablets are great products, they just don't want to be the pioneers of promotion and lose sales just to increase MSFT's market share. Why would they. They are in the business for profit.

    W8Pro + RT tablets will have to get at least a reasonable market share through MSFT direct sales and online sales before retailers even consider retraining their staff to push the products. Final point: Even if the sales guy has a Surface at home, store sales regulation probably bans him from promoting the officially preselected stuff.
    Jun 7 07:48 AM | Likes Like |Link to Comment
  • Nokia's (NOK -2.6%) is likely to issue a Q2 warning in the next few weeks, writes RBC in a note that's pressuring shares. In addition to tough smartphone competition, the firm is worried about declining feature phone sales. Nokia's feature phone unit shipments fell 21% Y/Y in Q1 thanks to Android's low-end momentum, and its feature phone ASP fell 10% Q/Q and 15% Y/Y to just €28 ($36). [View news story]
    Might just be an attempt to drive price down before Q2 earnings release to buy some cheap stock
    May 30 10:59 AM | 2 Likes Like |Link to Comment
  • Nokia's About To Have A Blockbuster Week [View article]
    I certainly would love for you to be right Abu, however, I still don't believe they are even capable of producing 750k 928s per quarter while also keeping up with the reportedly insane 520 and 720 demand. They would have to conjure production lines out of thin air.

    Now my biggest concern is whether to sell or not to sell before the tomorrow's announcement, as I believe the leaked 925 is not the huge catalyst everyone is expecting right now with the SP soaring. I fear a nasty hangover tomorrow morning.
    May 13 05:09 PM | Likes Like |Link to Comment
  • Nokia's About To Have A Blockbuster Week [View article]
    Nope, unfortunately I did not. Millions is the number for the whole world. I'm talking US numbers as the 928 will be only available to Verizon = US market.
    May 13 05:08 PM | Likes Like |Link to Comment
  • Nokia's About To Have A Blockbuster Week [View article]
    So they plan on selling as many 928 Lumias per quarter as they have sold all Lumias put together during 2 quarters?

    Don't get me wrong, I'm long NOK and I strongly believe in the success of the company, but this seems a little too far fetched.
    May 12 09:50 PM | Likes Like |Link to Comment
  • Whiting USA Shareholders Are Going To Lose Half Their Money - Again [View article]
    I couldn't miss to notice that after featuring Whiting Trust II (WHZ) on Cramer's Mad Money the volume on the stock doubled and the price surged. Seems that WHX rode the wave alongside.

    The funny thing is, Cramer said that people should not buy it. Well, they did anyway.

    Disclosure: I'm long WHZ (5-7 year term)
    Apr 25 03:30 AM | Likes Like |Link to Comment
  • 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. [View news story]
    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.
    Apr 18 09:00 AM | 3 Likes Like |Link to Comment
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