Seeking Alpha

Alan Greenspam

Alan Greenspam
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Initial reports of sellouts for Nokia's (NOK) Windows Phone 8 Lumia hardware are "misleading," thinks Deutsche's Kai Korschelt, since they have much to do with supply issues. "Anecdotal evidence suggests that many stores have only received 5-20 devices/store with wider carrier distribution delayed in some countries," Korschelt writes, while speculating 28nm chip shortages are to blame. He also claims U.K. retail survey and Google search interest data for the Lumia line is underwhelming. (Raymond James[View news story]
    To understand today's analyst Kai Korschelt at Deutsche Bank comment, you need to look at a 3 month chart of Nokia's (NOK) stock price. Korschelt/Deutsche Bank *downgraded* Nokia to a "Sell" exactly at the September 6 low. In other words, Korschelt/Deutsche Bank "made the bottom" in the stock. No wonder they are trying to push the stock down: They look like fools.
    Nov 30, 2012. 03:22 PM | Likes Like |Link to Comment
COMMENTS STATS
1 Comment
0 Likes