headline for finland :

' Nokia still selling 300 percent more smartphone than nearest competitor'

Still, in the quarter they shipped:-
1.8M N97s (Launched only in June)
5.7M Touchscreen devices
4.4M E series Devices devices.


With a whole raft of new products about to hit before the Christmas season it will be interesting.

I noticed from Ari Jaaksi's preso that they had 10M unique visitors to maemo launch website in the September .

Mike C

Those analysts don't know what they're talking about. Without the infrastructure business writeoffs, the smartphone profits are UP, not down. And EVERYONE sold less, since the market contracted as a whole. Ignore half of what they spew. They're not giving the entire story. I take the latest reports as good news, and wished I could invest in Nokia right now.

They don't have the N900, X6, or N97 Mini on shelves in mass markets yet, and have done this well. Now the N97 Mini will be an easy success, and the X6 may outsell it, and the N900 is the biggest presale device on Amazon. Q4 will be where Nokia makes up much ground, and I expect a 1-3% GROWTH, and doubt the others will catch them anytime soon.

I keep hearing "Apple has taken it to Nokia". HOW?? The challengers are Samsung and RIM, and they're under the same pressures. Samsung is making it with dumbphones and OS diversity, RIM by expanding choices, and Nokia by maintaining its base while restructuring. Meanwhile, its services markets are growing faster than the last report, and they have new devices getting massive buzz right now.

Mindshare has shifted back into Nokia's favor. We'll see how smart their analysis is in 6 months.

What a headline.

The interesting news was actually 2009Q3 not this kind of opiniated crap. The harsh numbers of that are far more interesting: 2009Q3, loss of 559 million EUR, turnover rate reduced with 20%, and Nokia Siemens Networks having a one time loss of 908 EUR.

That means the rest of Nokia has yielded 349 million EUR profit. Looked at from that angle a negative article about Nokia at a whole is unjustified, and this article is just oil on fire, leading to sale of shares by some over-emotional shareholders. If they wanted to sell they should have done earlier instead of now because none of the numbers presented today (even in this linked article) are anything news for insiders; as in, even if you didn't know the exact details, they're hardly surprising.

Funnily enough, the first article (and guess how many there has been today here in Finland, the banana state of cellphones) about Nokia's Q3 results I read was titled something like "Nokia 400 MIL loss" Actually it was so poorly written I never figured out what the losses mentioned were...

The NSN thing was unexpected, at least for me. I still think Nokia is undervalued, but I sold my shares (at a profit) when I saw the panic after the announcement. If only I'd have had the foresight to sell just before like I was considering. Could have made a much bigger profit.

I'm not quite sure when I should get back in. I could wait a few days and buy the shares back now that they're lower, but on the other hand I really don't know what will happen. Either Nokia will start climbing again on its own, or there will be a general stock marḱet downturn that'll ruin any chances.

If it wasn't for the recession, the decision would be really easy. All the analysts are seriously underestimating Maemo. Especially the US seems strangely fixated on S60, which is going away even on Symbian. As for NSN, new business areas like Windows laptops and Nokia Money should start compensating for its problems at some point as well, assuming they're successful.

When do you guys think it would be a good time to get back in?

Nokia should invest into good UI for smartphone. Only at this condition they will succeed in this market. Today N97 ( even Mini) is not at the level of iphone and other
existing smartphone with different OS ( like Android).
They do try to do something with N900 but again this is a flop for users point of view.
I nsist that they do not understand the market at all except for Geek ( this is a very low market).
They already missed a market few years before in clamp shell phones they insist today with some f... UI.
Very soon in recovery mode.
My view of succes today is more oriented on Android phones. Poor market share today but a market with very high potential .

NSN is having problems, and Nokia took a "loss" writing down some of its value, but operations were profitable. The whole thing is hugely overblown, even though it obviously wasn't a good thing.

Are you sure you're on the right website?

He typed all that on a ZX81, so yeah....