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Let's talk Nokia stock!
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Rauha
2010-07-22 , 11:57
Posts: 1,400 | Thanked: 3,751 times | Joined on Sep 2009 @ Arctic cold of northern .fi
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146
Webcast begins in five minutes. Let's see if OPK gets his 4,5 million or not. They simply have to comment about the rumours, and analysts are 100% guaranteed to ask about it during the Q&A part.
OPK
Keypoints about Symbian:
-Over 50 million S^3 to be sold within next year.
-S^3 devices to have unified software making control of platform easier than before
-Symbian about leveraging Nokia's whole range.
Meego
about high-end only. Nokia to capitalize on strenghts of
bot
h platforms.
-Many S^3 devices coming after N8.
Nokia in general:
-Handset unit still providing healthy profit.
-Europe growth not robust, but believes Nokia will move to stronger position in European high-end market on second half of this year.
-S^3 profits not flowing in until Q4. Profit expectations for Q3 roughly same as Q2.
-New dual-SIM phones to be big sellers in developing world, especially in India.
-OPK says he's very
optimistic
about future.
-Very happy about recent good news concerning Nokia Siemens Networks
(Of course since those are about the only good news concerning Nokia recently).
-NSN now
market leader in LTE
orders.
Timo Ihamuotila
-Active Ovi services user growth from 77 to 114 million users.
-Fast USD/EUR exchange rate fluctuation affecting results from regions where USD used as main international currency (Africa/Middle-East)
-ASP and profit margin
falling due to pressure at high-end
models.
-Nokia
still to invest in radio IP and R&D
, despite selling antenna manufacturing to Renesans. Only exiting from manufacturing, not technology innovation, in radiotechnology.
OPK
Ends session by saying that "Nokia now nearing the end of it's painfull platform transition." (
Says this in very emotional tone.
)
Q&A
-OPK beliefs that Meego will help in USA. Symbian too tarnished in USA. Meego developers given order to prioritize development for USA market, since it's the market where Nokia is weakest.
-Qt used to blend Symbian and Meego platform user experience close enough in order to avoid consumer confusion between platforms. Crossplatform development for providing software for both platforms. He reiterates that N8 is the only S^3 Nseries device, but not neccesarily last Symbian Nseries device.
-Analysts very sceptical about profit margins for Q3 and Q4
-OPK at times stumbling on his line of thought while answering questions. Sounds very stressed. Absolutely no information about the rumours concerning OPK.
Last edited by Rauha; 2010-07-22 at
13:04
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