Pac Crest has joined Deutsche and Raymond James in questioning the strength of demand for...

|By:, SA News Editor
Pac Crest has joined Deutsche and Raymond James in questioning the strength of demand for Nokia's (NOK) Windows Phone 8 hardware. Like others, it thinks initial sellouts were due to limited supplies, and believes AT&T is selling only 10K-15K Lumia 920 units/week. Altogether, it forecasts 1M WP8 shipments for Q4, with sell-through of roughly half that total. Meanwhile, Swedish carrier Tele2 says it has sold out its Lumia stock, but it received an initial shipment of just 2K-3K units. (Oppenheimer)