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paniagua

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  • Nokia's European Prospects: A Country-By-Country Review [View article]
    Thanks, great article. I had planned to do some graphing based on the Kantar reports but thanks to you I don't need to. And the analysis seems insightful as well.

    Even though Nokia has very high market share here in Finland, they don't bring the new devices available very early, compared to for example Germany. Even 925 is still not yet available and we got 520 only mid-july. A couple of months isn't that bad to wait but people really dislike the delay.
    Aug 7, 2013. 05:42 PM | 1 Like Like |Link to Comment
  • Nokia To Produce Solar Powered Lumia? [View article]
    I'm pretty sure Nokia is refererring to the spring time that is now coming after the long and dark winter of Finland. We haven't seen the sun for ages. And to be more precise, advertising the ClearBlack display technology that makes display readable in sunlight.

    Solar charging is not feasible as was pointed out by other commenters. The amount of energy smarthphones consume even when idle is just too much. For a basic "Africa phone", solar chargers could be possible implemented, but even then not invisibly in the display.
    Mar 21, 2013. 05:29 PM | 3 Likes Like |Link to Comment
  • Is Nokia-Microsoft Partnership One Sided? [View article]
    The risk analysis in official documents is primarily meant for law suit protection. They list almost everything imaginable starting from third world war and meteor strikes. You will find similar risks in every companys documents. Like the example about giving data to microsoft: Nokia doesnt classify giving data as a risk, but that if the data is leaked/stolen by MS might affect Nokias reputation. Pretty far fetched.

    Of course it is good to analyze the relation of the two companies, but at this point of time its not relevant. Relevant thing is to get market share of WP to double digit numbers. Nokia and MS have presumably 5 year agreement, which means there is still 3 full years of healthy collaboration ahead. It's not in either company's benefit to make too long binding deals. I see Nokia dominance in WP ecosystem as a good thing, it keeps both companies committed to each other. Microsoft might release a WP phone to give some boost to the ecosystem, but it doesn't have the patent portfolio/capabilities to be a big player in phone manufacturing. Much like it did with Surface tablet.
    Mar 10, 2013. 10:56 AM | 9 Likes Like |Link to Comment
  • Think Twice Before Betting On Nokia At Current Price - Part 1 [View article]
    The numbers at least in the first table should be in EUR, not in USD.
    I think this article focuses too much into numbers without analyzing the general situation of the company, future outlook and the fact that last quarter was profitable for both NSN and smart devices units.
    Mar 7, 2013. 05:30 AM | Likes Like |Link to Comment
  • Nokia's Low-End Lumias Aren't All About Money [View article]
    You must be american right? Nexus 4 is pretty much nonexistent in rest of the world, whereas Nokia is a global company with >95% of its products going elsewhere than USA. Its true 920 has been suffering from bad availability globally (and is still), but that has not been the case with 820 and 620. They are selling really well.

    Also the newly announced 520 and 720 should hit the stores very soon in selected markets. With 920 Nokia was pretty much forced to announce and release it in the autumn before it comes obsolete. I think even then they knew about limited component availability, but it has escalated because sales have been higher than expecter. After weak start of 900/800 sales a year yearlier, Nokia didn't want to repeat the mistake and procude too many 920s.

    Nokias sales in US have been extremely low, so success or lack of it should not affect the stock price. If it does dip like it has, it's a good buying opportunity.
    Mar 6, 2013. 03:10 AM | 2 Likes Like |Link to Comment
  • Nokia's Earning May Finally Go Up Thanks To These New Gadgets [View article]
    I would leave the tablet out of speculation for now. Nokia has said on many occasions it will only bring a device if it feel possible to differentiate enough from competitors. Phones are Nokia's core business and the focus is and should be there in the near future.

    I am long NOK and don't like the tablet rumours, because i believe the tablet is not going to be released soon. And if it wont be released, it will drive the stock price back down, for no good reason.

    The Lumia 620 looks really spectacular and for that price it's the perfect phone for many people. What is worrying me is that Lumia 920 is still not properly available at least in Europe, and Nokia is already rumoured to release the successor of Nokia 808, the "Lumia EOS" (most likely code name). That might hurt sales of Lumia 920 in areas where people have not yet had the possibility to buy it.
    Feb 7, 2013. 01:47 AM | Likes Like |Link to Comment
  • Sell Nokia, Take Profits. [View article]
    For short term investors this might be a good place for some profit taking. In the long term however, things are starting to look better for Nokia and there is no need to cash in now.

    They are finished with restructuring process and now with the introduction of Lumia 620 have WP8 phones in the most important segments. They did indeed say that 1Q13 will be worse than 4Q12 and there are still some availability issues with Lumia 920. The ramping up is still in progress. New products will be introduced in MWC soon, and might give some boost to stock.

    The network division NSN, which is a 50-50 joint venture with Siemens, is now making solid profits. It is very likely that it will be separated from Nokia quite soon, and will lead to premium for investors because Nokia is still priced as a crisis company and priced based mostly on its smart phone business disregarding the now-healthy parts of the company.

    Regarding dividend, while I agree that it looks like a bad sign to investors, most analysts believe it was dropped to improve Nokias credit ratings. The company is still in transitional phase and during the last years, it's credit rating was dropped multiple times.

    Finally, the "patent bubble" has not collapsed, if there even is one. It is not new that companies must licence standard essential patents to competitors for a reasonable price. They will still bring revenue. Nokia has one of the strongest patent portfolios and it contains both essential and non-essential patents. For example the ones RIM was using were non-essential WLAN-related patents, but still RIM had to pay more than $50 million for using them.

    Most large companies cross-licence patents, so they don't have to pay enormous amounts of money, if they have in return patents that other companies need. It's companies like RIM that have to pay everyone, since they don't have a strong patent portfolio.
    Feb 5, 2013. 12:19 PM | 2 Likes Like |Link to Comment
  • Lawmakers in the U.S. see a quick-patch solution as the best hope of averting the automatic tax increases and spending cuts set to hit on January 1. Over the weekend the blame game was in full cycle while key Senators hit the talk TV circuit. The last word from President Obama is that he would immediately sign a bill into law extending tax cuts for those making $250K or less. [View news story]
    As an European living in a highly taxed country (Finland), I feel the whole fiscal cliff negotiations is all about who has the last say, the republicans or the president.

    To me, it seems that Boehner has been incapable of any compromise and acts a bit like school bully. Obama was after all elected by the people, and peoples voice should be heard. Not just the wealthiest 1% and corporations who give funding to politicians.

    I think I read somewhere that 2% of households make more than $250K in the states, so whose voice is Boehner/Republicans listening when even that is not enough, and the extra tax should be only applicable to those who make over $1M? Not the average voter.

    To keep economy running, it's important that the people have money for living and some extra spending. For those who have high income, small additional taxes don't really affect the way economy works in large scale, and their everyday life is not affected at all. People with lower income use most of their income to keep businesses going, therefore low taxes for them are vital.
    Dec 24, 2012. 08:58 AM | 2 Likes Like |Link to Comment
  • Nokia: After 144% Gain, Is It Time To Bail? [View article]
    You might be correct in saying that the price gain is not based on fundamental improvements, but you should also consider that at the bottom, Nokia was priced like a company that will go into bankruptcy.

    As pointed in previous comments, Nokia is still down year over year even though the outlook and product line in contrast are promising now, unlike a year ago. (920 being the main driver)

    Nokia is a speculation stock for large hedge funds and short sellers, and it will still experience high volability, but if you are long term investor, hold on to your shares!

    I bought my first Nokia shares at over $10 and will break even at around $5. Won't be selling them at loss :-)
    Dec 24, 2012. 08:25 AM | Likes Like |Link to Comment
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