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Re: Let's talk Nokia stock. Really.
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Re: Let's talk Nokia stock. Really.
Maybe you don't see it, but remember that we're still talking about a price advantage, and sales in markets where the even cheapest phones are considered very expensive.
In the west, budget phones have no appeal, I'll grant you that. But even in developing countries, most people despite the growing middle classes are still very poor. There are phones that cost £30 without a contract. There won't be an android alternative to that for many winters yet. |
Re: Let's talk Nokia stock. Really.
Well apart from this one of course at around £40
http://www.themobileindian.com/news/...phone-tomorrow rgds |
Re: Let's talk Nokia stock. Really.
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My daughter just bought a new Galaxy Europa for £40 from 3 and she paid them another £15 to get an unlock code. I think you'll actually find budget smartphones are a significant percentage of sales in the west, according to Kantar Worldpanel most growth in European sales of WPx devices is down to the NOKIA 610 not the higher end devices. When I Iook around my friends, family and work colleagues the ones that aren't really interested in smartphones have devices such as the Galaxy Europa, Galaxy Ace, Desire C, etc... |
Re: Let's talk Nokia stock. Really.
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Re: Let's talk Nokia stock. Really.
Loving this rumor about Microsoft planning to release their own WP8 phone. Is it just some institution shorting Nokia stock or a real plan? Either way, so nice that Nokia put all their eggs in the WP basket..
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Re: Let's talk Nokia stock. Really.
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That's the cost of doing business with Ballmer. He's going to screw you. |
Re: Let's talk Nokia stock. Really.
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The Galaxy i5500 is, as far as the local pricewatch can tell me, a £80 phone, not a £40 phone. So, 3 has a low fee to break a contract - that's really not relevant to the actual price of the phone. That's compared to i.e. the Nokia 100, that goes for about £18 locally. Without having to sign a contract and breaking it. But I see that there are cheaper android handsets than I thought. |
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Anyhow, China has a plentiful supply of < $99 Androids, also I've read > 45% of the Indian smartphone market is already served by indigenous brands like Micromax, Karbonn and Lava which offer Android handsets starting at around £45. NOKIA is going to face tough competition from Android devices in the markets they are targeting with the Ashas, I think leaving their budget 'smart' devices stuck in the mud with J2ME is not going to help them compete. |
Re: Let's talk Nokia stock. Really.
Samsung has phones that cost as little as £9 here, but that's probably unsold stock. Many, many people in Asia and Africa would buy a £9 phone over a £39 phone. Lowest end is traditionally where Nokia's been the strongest. So it's real money for them. But as it is, Nokia's losing fast in the lowest end too.
Anyway, half way through the week, this is the status for NOK1V/HELSINKI: http://bors.e24.no/e24/images/chart/...f6562d0a41.png |
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