Thread: Let's talk Nokia stock. Really.
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switch-hitter is offline switch-hitter
2012-12-29 , 19:04
Posts: 207 | Thanked: 552 times | Joined on Jul 2011
#1075
Originally Posted by szopin View Post
http://www.zdnet.com/nokias-china-mo...le-7000008422/

Nokia won the fight on carriers which many people in this thread assumed to be crucial to success. Twice of the population (whole, how many <7 yos get a smartphone?) of US are registered phone users of this carrier alone. Naysay all you want, people overlook facts all the time - see TomiAhonen
The 920T is available on China Mobile on a $62 per month contract, likewise the 920 on China Unicom.

The national average annual salary for a city dweller in China is now around $6800 (around $567 per month).

As $62 is more than 10% of the average monthly gross salary of a city dweller (who presumably make considerably more than China's rural citizens) I doubt this offer will get too many takers, in fact to me the whole deal has the smack of a gesture about it.