Thread: Let's talk Nokia stock!
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bsving is offline bsving
2010-06-16 , 22:40
Posts: 304 | Thanked: 160 times | Joined on Jul 2008
#88
Originally Posted by ysss View Post
Well, the popular pro-Nokia views here discredit the importance of smartphone segment while altogether maintaining Nokia's superiority in that segment.

Thus I was rather surprised that Nokia listed that point as the first 'excuse' to their profit warning. As for the declining Euro value, it only comes into effect partway through the period. I can see this considerably affecting their financials going through 2010 though, if euro value doesn't recover.
Nokia say what Nokia has to say in a situation like this. Everyone, and Nokia in particular, knows that the real reason is that they aren't fast enough making a killer phone like the X10 mini (number one selling phone in Europe right now, not just smartphones, but every phone counting including "dumbphones"). The X10 mini is a smartphone running Android, so there should be no reason to be surprised.

That is the simple truth. iPhone, droids, Blackerries, totally uninteresting. The competition is from Sony Ericsson, and it will get worse before it gets better. Samsung and Bada is coming at full steam.