Thread: Let's talk Nokia stock. Really.
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szopin is offline szopin
2012-12-30 , 01:19
Posts: 2,076 | Thanked: 3,268 times | Joined on Feb 2011
#1081
Originally Posted by switch-hitter View Post
Do you really think salaries are going to grow fast enough in China that this deal will become affordable to a significant percentage of China Mobile's subscribers within the time frame of the 920 being a relevant device?

You say NOKIA are 'cutting in'? China Mobile (who are by far the biggest carrier) were part of the MeeGo working group! So how do you think NOKIA cut out in the first place?
Yes. 10% of monthly salary is already close enough (Cue's post for data). With lowend offerings (Nokia developing for half ram as was defined in WinPhone7 product description) they opened new markets. Nokia and MSFT are going to reshape that market. Nokia by brand and quality, MS by $. 920 is not the whole NOK offering. Even asha phones for 1/3 price offer quality. The market there is not ripe for iPhone-type offerings (without subsidies 1000$ is hard to spend even outside China). Growing a user base is hard with too high price, Samsung/ZTE are more likely competitors in that market.
No idea what you mean by Meego working group, did china mobile release a meego phone?