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Posts: 48 | Thanked: 37 times | Joined on Sep 2009
#1
Release of N900 cannot come soon enough for Nokia.

http://www.marketwatch.com/story/nok...ain-2009-10-15

Last edited by franklinn; 2009-10-15 at 13:30. Reason: typo
 
Posts: 320 | Thanked: 108 times | Joined on Oct 2009
#2
American economic journalists are just big liars. The numbers are all wrong. Samsung sell much more than apple or blackberry, and Nokia is the uncontested leader.
 
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Posts: 850 | Thanked: 626 times | Joined on Sep 2009 @ Vienna, Austria
#3
so what are you telling us, franklinn? that nokia is currently losing market share?
thanks, already knew that.

moving on...
 
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Posts: 50 | Thanked: 70 times | Joined on Oct 2009 @ Tampere, Finland
#4
Good! Soon it's time to buy Nokia and after a couple of years we get few more millionares again here in Finland! (That actually happened few years back, when old workes had had some shares from Nokia when it was still rather small. And at some point people realized, that thety were lieing in their drawers )
 

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#5
Originally Posted by drm View Post
American economic journalists are just big liars. The numbers are all wrong. Samsung sell much more than apple or blackberry, and Nokia is the uncontested leader.
Blaming everything on the US press sounds incredibly like the Bush administration. The numbers come from the Nokia press release. Nokia estimates that their market share in the smartphone market is at 35% which is down from 41% last year. As SubCore points out this was neither unknown nor unexpected.

http://www.nokia.com/results/Nokia_results2009Q3e.pdf

As far as getting rich, kalle, you should have jumped in back in March when Nokia dropped to under 9 (on the New York Exchange). It opened today almost $2 lower at $13.83 but it seems to have stabilized for now.
 
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#6
Originally Posted by DaveP1 View Post
Blaming everything on the US press sounds incredibly like the Bush administration. The numbers come from the Nokia press release. Nokia estimates that their market share in the smartphone market is at 35% which is down from 41% last year. As SubCore points out this was neither unknown nor unexpected.

http://www.nokia.com/results/Nokia_results2009Q3e.pdf

As far as getting rich, kalle, you should have jumped in back in March when Nokia dropped to under 9 (on the New York Exchange). It opened today almost $2 lower at $13.83 but it seems to have stabilized for now.
Sure its a good time to buy. What the ever boisterous journos do not get is that Nok is in transition phase right now and it seems to be chaos out there in Nokia land. I expect them to turn everything around by the time the Services, Symbian^*, QT everywhere strategy starts to bear fruit in about Q3 2011. Yes and by then the journos will be claiming how Nokia magically made a comeback .
 

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#7
Since Nokia released their Q3 numbers today, I did wonder whether they'd crank up the N900 delivery-engine sometime soon - to boost numbers and show a Q4 rally.
 

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#8
Originally Posted by franklinn View Post
Yes and by then the journos will be claiming how Nokia magically made a comeback .
... and how they knew that this would happen all along
 

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Posts: 50 | Thanked: 70 times | Joined on Oct 2009 @ Tampere, Finland
#9
"Sell you fool, sell!!" (And then I'll buy it)

A year ago started a big economic crise, which is still not completely over. Because of this, this years results looks anyway bad when compared to it. (And next year will be anyway awesome, because it is compared to this)

"Nokia’s mobile device market share for the third quarter 2009 was
38%, compared with 38% in the third quarter 2008"
Yes, Nokia sold only just a bit over 100 million phones (8% less than 2008) and maintained it's market share compared to last years period. It's not bad for a company, that has been doomed for a long, long time.

Well, Nokia has always been under excessive expectations.
 

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Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#10
Originally Posted by kalle View Post
Good! Soon it's time to buy Nokia and after a couple of years we get few more millionares again here in Finland! (That actually happened few years back, when old workes had had some shares from Nokia when it was still rather small. And at some point people realized, that thety were lieing in their drawers )
My recent Nokia re-investment is already in the positive.
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