Mobile Wars: Can Windows Become Relevant in Smartphones in 2013?

• Report this Comment On December 29, 2012, at 11:43 AM, techy46 wrote:

  Windows Phone 8 is already relevant in terms of design, ecosystem and function. What is really unknown is how large a consumer hit will it become. A lot of that depends on Windows 8 popularity in mobile devices like ultrabook and tablets and Microsoft's ecosystem attracting everyday consumers along with the techys that already patronize it. I think W8 and Wp8 will slow grow to become eqaul with Android and larger than Apple in terms of market share.

• Report this Comment On December 29, 2012, at 2:12 PM, cpemail wrote:

  Apple and Nokia will become 300 billion dollars companies by the end of 2013.

• Report this Comment On December 31, 2012, at 1:21 AM, jhf678 wrote:

  Windows phone 8 should be available in all carriers like Android phones.

• Report this Comment On December 31, 2012, at 9:50 AM, aileenie84 wrote:

  Lumina 920 is now the top selling AT&T phone in Amazon, beating out Samsung Galaxy, which is also heavily discounted.

  http://wmpoweruser.com/nokia-lumia-920-still-got-ittopping-a...

• Report this Comment On December 31, 2012, at 10:10 AM, SamanthaMeloni wrote:

  Windows 8 and Windows Phone 8 are starting to do great!

  http://thenextweb.com/microsoft/2012/12/21/great-news-for-mi...

• Report this Comment On December 31, 2012, at 10:23 AM, NatalieBoman wrote:

  I think in 2013 WP8 OS will grow fastest.

  When now, both China Mobile and China Unicom are subsidizing the Lumia 920 heavily, the 2-year or 3-year contract is starting from 0 or 1 yuan, and considering only less than 1/5 of Chinese people are using highest-end smartphones, now even middle class Chinese people have a chance to use a highest-end smartphone because of China Mobile´s and China Unicom´s Lumia 920 deals.

  This will result into a huge number of 2-year or 3-year contract users for Nokia in China! Besides, 3G penetration in China is still very low, there is a huge opportunity there.

  Additionally, among the highest end phones, Nokia Lumia 920 is significantly much cheaper than for example iPhone 5 and Galaxy Note II. Nokia has an advantage in both the price competition and the biggest carriers´ backing in China!

• Report this Comment On December 31, 2012, at 10:25 AM, NatalieBoman wrote:

  Italy´s online retailer has sold out at least twice of their Lumia 920 shipments, now waiting for more to come.

  Clove UK announced their Lumia 920 was sold out completely, and they will receive more only in January. Therefore in UK, almost only EE still has supply.

  Many Germany´s phone stores announced they have sold out the Lumia 920, especially the yellow variant has been in shortage since pre-orders alone.

  France and Sweden also confirmed the supply could not meet demand.

  Hong Kong has sold out the Lumia 920 repeatedly, because in Mainland China, only Shanghai store has received Lumia 920 till now, so people even make business with this phone, they buy it from Hong Kong with 4599 yuan and sell it in Mainland China for 5599 yuan (the yellow color variant).

  In Finland, the homeland of Nokia itself, the carriers there said they did not have enough Lumia 920s to sell for Christmas, leaving many customers without this wanted Christmas present, but they said they are receiving more shipments later, so customers should pre-order them.

  In my opinion, Amazon US now has more Lumia 920s, because Nokia launched Lumia 920 with AT&T in the US first, therefore when Nokia got more supply they wanted to fulfill the duty with AT&T first, so they brought the phones there first when they have.

• Report this Comment On December 31, 2012, at 10:26 AM, NatalieBoman wrote:

  Lumia 920 has awsome and advanced features like:

  Floating-lens PureView camera with optical image stabilization

  Wireless charging

  Super sensitive and bright screen that can be used with gloves or finger nails

  Premium GPS that can be used also without internet!

  Augmented reality City Lens!

  Free music with no ads

  NFC

  Rich sound recording in vids

  Fastest screen on a smartphone!

  Wireless Purity Pro headphones

  Wireless speaker that can charge your phone wirelessly

  LTE

• Report this Comment On December 31, 2012, at 10:26 AM, NatalieBoman wrote:

  Apple and Google stocks will be under pressure in 2013, because the stocks have been short sold only a little , only some small earnings miss will hit the stocks downhill, and bears will enter Apple, Google and Samsung, because risk/reward in short selling Apple, Google and Samsung is way bigger than short selling Nokia these days.

  When it comes to Nokia, the stock has been already short sold for quite long with very high short interest. The short sellers of NOK have to pay interest rates for the shares they have borrowed. For example, in EU, naked short selling is forbidden. You have to rent the shares first before you can short sell.

  Now, short sellers might consider if they short sell some Apple shares, they can cover a bunch of NOK shares back. In other words, short selling Apple and Google is a significant way to use big and almost free money (because you don´t need any big money to short Apple and Google, you only have to pay the interest rates in renting the shares).

  In other words, Apple and Google are free cheap money for short sellers, just because the stocks have not been short sold so much yet! And if you short sell only 10 Apple or Google shares, you can have over $5000 to use!

• Report this Comment On December 31, 2012, at 10:27 AM, NatalieBoman wrote:

  Two days ago, Shanghai store received their second shipment of Lumia 920 phones. They had all 5 color variants, but the yellow variant sold out again in only 20 minutes.

  And it is important to note that it is Lumia 920 not Lumia 920T.

  In China, Lumia 920 is China Unicom version and Lumia 920T is China Mobile version.

  In other words, China Mobile customers have not received their phone yet, some of them even say waiting the phone a day like a year!

  http://winp.cn/portalthread-123137-1-1.html

• Report this Comment On December 31, 2012, at 10:27 AM, NatalieBoman wrote:

  I found one thing really funny.

  Usually, Americans have bigger hands than Chinese people, right?

  How come many articles in America complain the Lumia 920 is big and heavy, while the Chinese people don´t seem to have a problem with that?

  Another funny thing is, now when US has more Lumia 920 phones and even with discounts, but writers turn the positive thing into negative, while many Lumia 920 pre-orderers are waiting for their phone around the world. They can not wait to get their hands on the phone!

• Report this Comment On December 31, 2012, at 10:28 AM, NatalieBoman wrote:

  Do discounts on Nokia phones threaten Apple and Samsung shareholders?

  First of all, Nokia has said (see Nokia US twitter)

  that carriers decide the discounts not Nokia.

  This means carriers actually are pushing and backing Nokia phones.

  Secondly, the carriers in US are trying to put pressure on Samsung and Apple, because their new phones like Galaxy Note II and iPhone 5 cost customers $200, and with 32 GB the phones even cost $300. That is a whole lot more than Nokia´s Lumia 920, which is with 32 GB and with wireless charging pad, and the phone was sold only for $100 in the US when it was launched.

  Now, US carriers are wanting to use the model of subsidizing phones like in Europe. In Europe, when you go to buy a new phone with a 2-year contract, no matter how high end that phone is, you don´t have to pay the first lot of money like in the US. Every phone starts with 0 euro and you have to pay only monthly for 24 months.

  In this case, Apple and Samsung will lose the battle, not Nokia, because in the future Apple and Samsung will suffer from lower profits.

  Additionally, even China is now using the method from Europe. Both China Mobile and China Unicom have already announced their Lumia 920 starts from 0 or 1 yuan for a 2-year or a 3-year contract. So, if Lumia 920 still costs $39 in the US for a 2-year contract, that is still a $39 win-win actually!

• Report this Comment On December 31, 2012, at 10:28 AM, NatalieBoman wrote:

  When now, both China Mobile and China Unicom are subsidizing the Lumia 920 heavily, the 2-year or 3-year contract is starting from

  0 or 1 yuan, and considering only less than 1/5 of Chinese people are using highest-end smartphones, now even middle class Chinese people have a chance to use a highest-end smartphone because of China Mobile´s and China Unicom´s Lumia 920 deals.

  This will result into a huge number of 2-year or 3-year contract users for Nokia in China! Besides, 3G penetration in China is still very low, there is a huge opportunity there.

  Additionally, among the highest end phones, Nokia Lumia 920 is significantly much cheaper than for example iPhone 5 and Galaxy Note II. Nokia has an advantage in both the price competition and the biggest carriers´ backing in China!

• Report this Comment On December 31, 2012, at 10:29 AM, NatalieBoman wrote:

  When now, both China Mobile and China Unicom are subsidizing the Lumia 920 heavily, the 2-year or 3-year contract is starting from

  0 or 1 yuan, and considering only less than 1/5 of Chinese people are using highest-end smartphones, now even middle class Chinese people have a chance to use a highest-end smartphone because of China Mobile´s and China Unicom´s Lumia 920 deals.

  This will result into a huge number of 2-year or 3-year contract users for Nokia in China! Besides, 3G penetration in China is still very low, there is a huge opportunity there.

  Additionally, among the highest end phones, Nokia Lumia 920 is significantly much cheaper than for example iPhone 5 and Galaxy Note II. Nokia has an advantage in both the price competition and the biggest carriers´ backing in China!

• Report this Comment On December 31, 2012, at 10:30 AM, NatalieBoman wrote:

  About the discount in the US:

  Of course, Nokia would like to sell more phones in the US, that belongs to the come back strategy of Nokia. Nokia´s share price is this low, because

  Nokia´s market share in North America has come down significantly, even though in most parts of the world, Nokia´s market shares are still quite good.

  If the market share of Nokia in North America is also good, and you want to be able to buy NOK at $4, that would happen only in your dreams!

  Discounts or not, it does not matter. The real deal is, Nokia wants to gain back some market share in North America and the carriers are willing to help. That is what really matters!

  One way or another,

  if the sale numbers in US and Canada start to give only a bit positive sings of growth in Q4, you will certainly see the surge in the stock. Then, if you want to buy NOK share at this price, again— it would happen only in your dreams!

  Apart from that, you should also think, there is a world outside the US!

• Report this Comment On December 31, 2012, at 10:31 AM, NatalieBoman wrote:

  The yellow Lumia 920 has been in shortage everywhere.

  The discount is very normal at this time of the year, the reason might be AT&T just received another bigger shipment from Nokia, and AT&T (as I already mentioned above) wants to put pressure against Samsung and Apple.

  Sprint has sold iPhone with a profit of minus figure, you can imagine how big importance for the carriers in the US to press down the price of iPhone and Samsung´s newest phones.

  The discount idea actually benefits both Nokia and AT&T, the damage will go to Apple and Samsung as they too, also have to lower the prices in the future, because consumers in the US

  will start to know step by step they are actually paying extra money (about $200) to Apple and Samsung for each phone they buy, while customers oversea don´t have to do that. Therefore, AT&T and Nokia are showing the method to them. When more and more consumers in the US start to know the Lumia 920 is actually a superior phone and it costs $200 or $300 less than the iPhone 5 or Galaxy Note II, what does it mean? It means Apple and Samsung and their shareholders will be in panic, because those companies´ phone profits will no doubt come down naturally. And when the profits come down, what does it mean? It means the stock price of Apple, Samsung and Google will go downhill.

• Report this Comment On December 31, 2012, at 10:31 AM, NatalieBoman wrote:

  Beside China Mobile and China Unicom, online retailers 360buy and 51buy are also taking pre-orders for Lumia 920T and Lumia 920 in China.

  Shipments are expected to arrive in January.

  http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a...

  http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a...

• Report this Comment On December 31, 2012, at 10:32 AM, NatalieBoman wrote:

  Nokia has a brighter future than RIM

  1) BB10 is a bit late!

  2) RIM has been strong in enterprise business, but now RIM will face

  more than tough competition. For example, In China China Mobile sells the Nokia Lumia 920T for 4599 yuan with free wireless charging pad or other accessories, which means the phone costs only 4000 yuan. The phone is very much cheaper than iPhone 5 or Galaxy Note 2.

  In addition, the Lumia 920T has premium malware virus protection hardware built in.

  Therefore, will RIM´s highest end BB10 phone able to compete the price with this Lumia 920T? I really doubt that. And with a 2-year contract, China Mobile offers the Lumia 920T with only 1 yuan!

  3) RIM´s loyal fans will still support BB10 phones, but will that be enough?

  4) Beside Apple and Samsung, RIM will have to compete also with Nokia.

  Now, Nokia with WP8 is in quite a big step ahead of RIM with BB10.

  Nokia has low price point Asha phones and also high-end Lumia phones,

  so can RIM do the same?

  5) RIM will still need to use a lot of money in R&D and marketing in the future, while Nokia

  is saving money in R&D and marketing, because MS shares the expenses.

• Report this Comment On December 31, 2012, at 10:33 AM, NatalieBoman wrote:

  Nokia stock will have a better upside in 2013 than Apple and Google. The reason is quite simple, the stock has been beaten down too hard and short sold heavily. A positive quarter or even breaking even in EPS will bring investors to think back how NOK cost a couple of years ago, how much NYSE tech stocks cost compared to their valuated values and so on.

  In other words, Nokia is extremely cheap right now. Nokia has used about $55 billion in R&D alone all these years, now its market cap is below $15 billion. That alone, Nokia is more than worth its price, if some company like Microsoft makes Nokia a buyout!

  At this price, NOK is extremely undervalued.

  Morningstar´s analysis about Nokia:

  Estimated price: intellectual properties over 1 euro per share (Motorola´s patent portfolio was worth about $5.5 billion); other business parts (smartphones, featurephones, NSN) at least over 1.50 euro per share.

  And NAVTEQ´s price not included (Nokia bought NAVTEQ with 5.7 billion euro). All in all, even in this case, Nokia share price would be at least over 2.50 euro, excluded NAVTEQ! And Nokia´s net cash is now 3.6 billion euros.

  In other words, the sum of parts of Nokia and net cash are worth much more than its market cap now, which means NOK share is right now heavily undervalued.

  Nokia Is Extremely Cheap

  The company has since partially offset these fears with excellent cash management, restructuring aimed at reducing costs, and more recently, its better than expected 3rd quarter results. The company achieved operational profitability (1.1% non-IFRS) with better than expected revenues, triggering a 20% increase in stock price. As the table below shows, these factors have enabled Nokia to maintain a healthy interest coverage ratio and quick ratio (nearly equal to the industry average), dispensing any immediate liquidity concerns.

  Company

  Industry

  Sector

  Quick Ratio (MRQ)

  1.16

  1.62

  1.64

  Current Ratio (MRQ)

  1.28

  1.96

  3.01

  LT Debt to Equity (MRQ)

  48.76

  22.29

  10.61

  Total Debt to Equity (MRQ)

  66.45

  39.67

  19.69

  Interest Coverage (TTM)

  4.9

  4.91

  164.78

  Figure 1: Financial Strength/ Reuters

  Valuation

  Nokia is currently operating at a loss and the sell side expects the company to become profitable, somewhere in 2014. The stock is very volatile, as can be assessed from the 100% run in the last 6 months. I believe Nokia’s share price will continue to fluctuate with short term catalysts and it’s still pointless to value the stock on 2014 earnings given the uncertainty. Instead, investors should value the company on a worst case scenario. I believe at this point, Nokia’s biggest assets are its impressive patent portfolio, Cash, NSN and Navtaq.

  I have used three recent patent sales to get an approximate value per share for Nokia’s current patent portfolio.

  $ millions

  AOL (AOL) Patent Sale

  Vringo (VRNG) Purchase

  Nortel Networks

  No. of Patents Sold

  800

  500

  6000

  Sales Value

  1100

  22

  4500

  Price Paid Per Patent

  1.4

  0.0

  0.8

  No Nokia Patents

  9500

  9500

  9500

  Patent Portfolio Value

  13063

  418

  7125

  Shares Outstanding

  3830

  3830

  3830

  Per Share ($)

  3.4

  0.1

  1.9

  Average Price Per Patent

  0.79

  Average Patent Portfolio Value

  7316

  Average Per Share Value ($)

  1.91

  Figure 2: NOK Source: Google Finance

  As the calculations show, the patent value per share of Nokia’s patents comes down to $1.91 per share. According to Nokia’s disclosures, the company ended Q3 with gross cash of $11.5 billion (EUR 8.8 billion). The Q3 results also indicated that Nokia had EUR 288 in currently maturing debt and EUR 1.1 billion in short term borrowing. Deducting other liabilities, we arrive at a net cash position of $4.7 billion (EUR 3.6 billion). This comes down to a per share amount of $1.22, and adding the per share patent value of $1.91, the value of cash and patents together is $3.13.

  Bottom Line

  Nokia still trades way below its salvage value. The company’s patents and net cash, alone are worth $3.13 per share. This of course does not include Nokia’s Navtaq business and NSN (Nokia Siemens Network). These divisions continue to be profitable, despite problems of Nokia’s smartphone division. In Q3 NSN sales were EUR 3.5 billion and operating profit was EUR 323 million; the operating profit of location and commerce segment was EUR 37 million. The combined value of Navtaq (3x sales for $3 billion) and NSN (0.5x sales for $7 billion) is around $10 billion ($2.6 per share). This gives us an approximate per share value of $5 for NOK. Therefore, Nokia is still trading at a discount to its salvage value and is an excellent value opportunity.

  Usually, NYSE tech stocks are at least 2X valuated value. In this case, NOK share price should be at least around $10.

  NOK is so cheap, because the stock has been over sold.

  Nokia is the most short sold stock in both Helsinki and New York!

  NOK short interest:

  NYSE November 30

  295,118,232 shares

  Helsinki December 6

  10.7% (with investors over 0.5%, below 0.5% not listed)

  Nokia´s total share number (approximately 3.75 billion shares) covers both New York and Helsinki.

  That makes the sort interest in NOK around 20%!

  Nokia is a good candidate for a big short squeeze!

  Important to note:

  Usually, NYSE tech stocks are at least 2X valuated value. In this case, NOK share price should be at least around $10.

• Report this Comment On December 31, 2012, at 10:34 AM, NatalieBoman wrote:

  Lumia 920 and Lumia 620 are arriving India in January.

• Report this Comment On December 31, 2012, at 10:34 AM, NatalieBoman wrote:

  Lumia 920 and Lumia 505 are also arriving Latin America.

• Report this Comment On December 31, 2012, at 10:35 AM, NatalieBoman wrote:

  According to Global Statcounter data, from the 26th November to 25th December 2012,

  it is Nokia’s platforms which surprisingly saw the biggest growth.

  The fastest grower on the chart was Nokia’s S40 platform, as currently found on their Asha line, which grew from 13.94% at the start of the month to 15.5% at the end of the month, adding on average 0.029% per day, or close to 50% more than Android per day.

  Even Symbian grew, from 10.41% to 11%, or around 0.01% per day.

  If we add Nokia’s platforms (which are ALL growing) together, and add a fudge factor of Nokia owning 75% of the Windows Phone market, Nokia’s platforms grew from 25% to 27.2% of the market, or around 0.041% per day, or twice as fast as Android, which if it continues, would leave Nokia once again as the leading platform vendor in a year and a bit.

  The numbers add some further colour to a recent analysis, which suggested Android was losing out to even lower cost Nokia S40 handsets in developing markets, which presented a real challenge to the meteoric growth of Android, and also suggests Nokia will likely announce pretty good performance of their Asha line next month.

  Surprisingly over the last month Apple has been in major decline, dropping more than 0.056% per day, starting the month at 24.87 market share and ending it at 21.98.

• Report this Comment On December 31, 2012, at 10:35 AM, NatalieBoman wrote:

  Nokia Lumia 620 Beats Samsung Galaxy S III In SunSpider And BrowserMark 2 Tests

  Lumia 620, the upcoming mid-range Windows Phone 8 device from Nokia performs better than Samsung Galaxy S III in two of the standard browser benchmarks. GSMArena posted the preview of the device and they compared the Sunspider and BrowserMark 2 benchmarks of Nokia Lumia 620 with other Lumia devices such as Lumia 920 and also Samsung Galaxy S III. Even though Lumia 620 will cost only half the price of Galaxy S III, it scored better in both the Sunspider and BrowserMark 2 benchmarks, which means even a very affordable phone

  Lumia 620 is a faster phone than Galaxy S III.

  http://www.wpdang.com/archives/60225.html

• Report this Comment On December 31, 2012, at 10:35 AM, NatalieBoman wrote:

  Latest Kantar report shows global WP phone growth, strong Nokia comeback in the UK.

  BGR reports on KantarWorldPanel’s findings and concludes that Windows Phone is gaining traction in Southern Europe. As Nokia is finding it nigh on impossible to meet the demand for the 920, bringing down prices of the previous generation handsets has at least been able to attract a lot of first time buyers or those looking for budget friendly smartphones.

  Mexico is launching Lumia 505 and Lumia 920.

  Lumia 920 and 505 confirmed in Chile.

  iSuppli: Nokia can still beat Samsung and take the crown back.

• Report this Comment On December 31, 2012, at 10:36 AM, NatalieBoman wrote:

  The biggest carriers in China are willing to push Nokia´s flagship phone, and for a good reason, because the 32 GB (+7 GB SkyDrive) Lumia 920 is a lot cheaper than iPhone 5 or Galaxy Note 2.

• Report this Comment On December 31, 2012, at 10:37 AM, NatalieBoman wrote:

  Another deal from China has also been announced.

  360buy, China’s leading direct e-commerce company, announced that it has formed a strategic partnership with Nokia and signed a procurement agreement worth RMB 2 billion for 2013. As part of the cooperation, Nokia’s latest Lumia 920 handset has made its debut on 360buy, with the release of the Nokia 2050 soon to follow.

  Online shopping is growing significantly in China.

• Report this Comment On December 31, 2012, at 10:37 AM, NatalieBoman wrote:

  Because now RIM still has negative EPS, and

  Nokia´s EPS in last quarter was -0.07 euro per share any more, and if Nokia´s EPS breaks even this quarter or becomes positive, then the markets will no doubt choose Nokia as the certain third horse in the race. That will show a huge surge in the stock price, because for example short sellers will have to buy back.

  The reasons are quite simple, because when RIM still need to use money to launch BB10, it means WP8 is already making money.

  And during 1Q13 when RIM gets BB10 phones out, Nokia will have already a lot more to come at MWC. Additionally, that “a lot of interesting things with Virizon” that Stephen Elop mentioned, will already take place step by step.

  The conclusion is, Nokia and WP8 are in a significantly bigger step ahead of RIM and BB10.

• Report this Comment On December 31, 2012, at 10:38 AM, NatalieBoman wrote:

  Nokia is speeding up the clock.

  According to Nokia´s factory in Beijing, which is the biggest factory of Nokia, is producing 600 000 Lumia 920s a month. It also produces other Lumia phones, therefore the number is 2 million Lumia phones a month.

  Then, the other 6 Nokia factories have capacity about 1/4 of the Beijing factory each. In addition, Taiwanese Compal is still producing older Lumia phones at the same time!

  According to DigiTimes, Nokia will also launch tablet at MWC next year.

  Nokia is also planning a lot of interesting things with Verizon, according to CEO Stephen Elop.

  Nokia now has low end competitive Asha phones and high end competitive Lumia phones. Apart from that, Nokia has other business units like Navteq, NSN and intellectual property rights.

• Report this Comment On December 31, 2012, at 10:38 AM, NatalieBoman wrote:

  Nokia, which has come down more than 90% from its highest, is really worth consideration.

  Feature phones Asha 205 and Asha 206 belong to Nokia´s “next billion people to reach internet” strategy. This is a big chance. There are still many many people out there using feature phones, especially in developing countries.

  In these phones, there are Facebook, Twitter etc, and also 40 most popular games in the world for free. All packed in a $60 phone without any contract. Therefore, I think it is quite hard for other manufacturers to compete featurephones with Nokia.

  And the featurephone division in Nokia has been profitable, because of this Asha family. Therefore, Nokia´s 3.6 billion euros net cash, plus NSN, Navteq, patent portfolio and featurephones (all these 4 divisions have been profitable) are giving enough time for Lumia phones to take off (pushing them with huge marketings, discounts and campaigns). And Nokia´s EPS was -0.07 euro any more last quarter, when Lumias were sold 2.9 million units. And now, even Street estimation is above 5 million units. Kantar just reported WP phones have reached 11.7% in Italy. The WP phones most sold there are Lumia 610 and Lumia 800.

  Yahoo-China reported a few weeks ago that Lumia 920 alone was ordered from Nokia up to that date 2.5 million units. And Lumia 920 still sells out in most of the countries launched. Lumia 920 and 820 also support Arabic now, which meas WP8 phones will arrive to more markets.

  In addition, China Mobile (the world´s biggest carrier with about 700 million subscribers) is selling Lumia 920T soon, starting December!

  Lumia 920 has repeatedly sold out in many countries, such as: Italy, Germany, Australia, US, UAE and so on. A few days ago, this also happened in France, Sweden, England etc.

• Report this Comment On December 31, 2012, at 10:38 AM, NatalieBoman wrote:

  Conclusion is, Nokia is to buy and hold it for long term or medium term

  Nokia´s current 3.6 billion euros net cash should be enough for Nokia´s transitional period before WP8 phones take off.

  Nokia is also getting more cash from convertible bonds and selling its headquarters and other non-core assets.

  1. Nokia Siemens Networks is profitable and growing strongly (over 300 million euros profit in 3Q). Nokia and Siemens have decided to make it independent in these few years, therefore Nokia shareholders will have two companies´ shares in their hands, quite a good bonus.

  2. Navteq is profitable as well, and it is expanding its business as the world´s leading maps maker, with City Lens and Earthmine´s 3D mapping, Nokia will have a bigger slice of this pie yet.

  Right now, Navteq already has big clients such as Yahoo, Facebook, Amazon, Mozila, Oracle and almost countless car companies. Navteq just reported it is building navigators into 4 out of 5 cars (80%), with the new cars with navigator built in.

  3. Nokia´s patent portfolio earns about 500 million euros a year.

  Samsung is paying Apple for intellectual property rights; HTC is paying Apple; Vringo is suing ZTE; Nokia is suing HTC; Ericsson is suing Samsung; and APPLE IS PAYING NOKIA FOR INTELLECTUAL PROPERTY RIGHTS!

  Thus, it is only a matter of time when Nokia will sue Google and Samsung, if they still don´t agree to pay Nokia for its patents.

  4. Nokia´s featurephone division is doing well, because of Asha phones.

  5. The only 1 out of 5 Nokia´s business parts, which is not profitable, is smartphone business, but new Lumia generation looks promising.

  Lumia 920 has features like:

  Floating-lens PureView camera with optical image stabilization

  Wireless charging

  Super sensitive and bright screen that can be used with gloves or finger nails

  Premium GPS that can be used also without internet

  Augmented reality City Lens!

  Free music with no ads

  NFC

  Rich sound recording in vids

  Fastest screen on a smartphone!

  Wireless Purity Pro headphones

  Wireless speaker that can charge your phone wirelessly

  LTE

  Nokia also bought Scalado, the imaging technology firm in Sweden. Therefore, apart from NAVTEQ and NSN, Nokia is no doubt going big with PureView imaging technology. Some authors compare Nokia to Kodak, I think it is almost the opposite.

  Kodak was the old era and Nokia is starting the new evolution with smart-phone imaging, when consumers won´t have to carry another gadget (camera), for example during traveling.

  6. Considering now the total loss is about 17 million euros, it got much better from the 290 million (2 prior quarters each) loss.

  Nokia´s current 3.6 billion euros net cash should be enough for Nokia´s transitional period before WP8 phones take off.

  Nokia is also getting more cash from convertible bonds and selling its headquarters and other non-core assets.

  Morningstar´s analysis about Nokia:

  Estimated price: intellectual properties over 1 euro per share; other business parts (smartphones, featurephones, NSN) at least over 1.50 euro per share.

  And NAVTEQ´s price not included (Nokia bought NAVTEQ with 5.7 billion euro). All in all, even in this case, Nokia share price would be at least over 2.50 euro, excluded NAVTEQ! And Nokia´s net cash is now 3.6 billion euros.

  In other words, the sum of parts of Nokia and net cash are worth much more than its market cap now, which means NOK share is right now heavily undervalued.

  7. Nokia´s 3.75 billion shares outstanding,

  covers both Helsinki and New York.

  In other words, the short interest in NOK has been around 20% (Helsinki + New York) on a base of 3.75 billion shares.

  This is a significant figure to note, because for example, shares of Apple have been short sold only about 0.5%, Samsung over 2% and other telecom companies about 4% in general.

  Therefore, the real short covering of NOK is still to come yet.

  8. The only 1 out of 5 Nokia´s business parts, which is not profitable, is smartphone business, till now.

  And the EPS in last quarter (3Q12) was only -0.07 euro per share any more.

  A few days ago, Yahoo-China site said that it has the approximate number of Lumia 920 that has been ordered from Nokia up to date, and it was about 2.5 million units. And this number of Lumias 920 alone is already close to the total number of all the Lumia variants sold in last quarter, 3Q12, which was 2.9 million units only.

  Apart from Lumia 920 and 820 variants, Nokia has been pushing at the same time the sales of Lumias 510, 610, 710, 800 and 900 with campaigns and discounts.

  For example, Lumia 800 has gone back into top ten charts in many countries.

  Kantar reported that WP phones have reached 11.7% market share in Italy.

  The two hit phones are Lumia 610 and Lumia 800 there.

  ABG Sundal Collier said in their report that the Lumia 920 makes people interested in it and marks the comeback of the brand of Nokia.

  Liberum upgraded NOK from “hold” to “buy”.

  Nordea has upgraded from “buy” to “strong buy”.

  RBC kept their “Market Perform” but raised target.

  Northland Securities raised price target.

  Also UBS and Jyske Bank raised price target.

  Nokia launched Asha 205 and Asha 206.

  In these two new Asha phones, Nokia has a new innovation called “Slam” with which you can share photos and videos between the phones, and don´t have to even pair them up like NFC. Also Facebook etc and 40 most popular games in the world are in these phones, which make it hard for manufacturers to compete featurephones with Nokia.

  Nokia´s WP8 phones will be available in more markets, because they also support Arabic now.

  China Mobile (the world´s biggest carrier with about 700 million subscribers) has also confirmed Lumia 920T arriving December!

• Report this Comment On December 31, 2012, at 10:39 AM, NatalieBoman wrote:

  Nokia is a better choice than Research In Motion.

  Nokia is a very good candidate for a big short squeeze.

  Because the stock has been over sold.

  Nokia is the most short sold stock in both Helsinki and New York!

  NOK short interest:

  NYSE November 30

  295,118,232 shares

  Helsinki December 6

  10.7% (with investors over 0.5%, below 0.5% not listed)

  Nokia´s total share number (approximately 3.75 billion shares) covers both New York and Helsinki.

  That makes the sort interest in NOK around 20%!

  WP 7.5 phones such as Lumi 800 and Lumia 610 are still selling well because of the price cut, and the phones are also getting update to WP 7.8.

  Nokia is flooding the markets with these WP 7.8 phones in order to make the ecosystem grow (maybe with thin profit or no profit, but it is very important, and it is worth it).

  The encouraging things in Nokia are:

  Nokia has both low end competitive Asha phones and also high end competitive WP8 Lumia phones.

  In addition, apart from phones, Nokia has other business units like NSN, Navteq and patent portfolio.

  Nokia Is a Wide-Ranging Company and The Stock is With Hidden Value Right Now

  Nokia does not only make phones.

  Nokia´s feature-phone division is doing well, because of Asha phones.

  Nokia has not lost about 1 billion dollars a quarter like the media says, because Nokia has 5 business parts and 4 of them are profitable. Therefore, the exact number is much much smaller.

  Nokia´s loss is only 17 million euros any more (compared to Reuters´s consensus 277 million and Nokia´s last two previous quarters about 290 million each), this was much better.

  Nokia Siemens Networks is doing very strongly (over 300 million euros profit in 3Q. More business to come in the future: 3G in developing countries, 4G in developed and emerging countries)

  NAVTEQ was also profitable, NAVTEQ´s number might be better in 4Q, because of the deals with Amazon, Yahoo, Oracle and many car-companies.

  Nokia´s patent portfolio earns about 500 million euros a year, and the number is still increasing.

  Nokia has cut expenses (which saves about 1 billion euros a year) and in the future Nokia does not have to spend so much in R&D either, because it has teamed up with Microsoft.

  Nokia´s WP 8 devices will hit more markets, for example the Middle-East countries (Lumia phones have not been in these countries yet till now).

  New Lumia generation looks promising.

  For example Lumia 920 has features, such as:

  Floating-lens PureView camera with optical image stabilization

  Wireless charging

  Super sensitive and bright screen that can be used with gloves or finger nails

  Premium GPS that can be used also offline

  Augmented reality City Lens

  Free music with no advertisements

  NFC

  Lumia 920 does not only have a great low-light camera, but also has exceptional audio recording quality due to the 3 HAAC Rich-recording microphones.

  Right now, there is no way to compare Nokia to Apple among most smart phone consumers, but there is hope in the future.

  For example, Nokia just signed the contract with China Mobile (who has about 660 million subscribers, which is about 70% of all subscribers in this world´s biggest nation), and even though iPhone is very popular in the US and Europe, Windows Phone OS already surpasses iOS in the world´s biggest countries beside China, such as Brasil, India and Russia. Even though in these countries more low price point phones are sold, but these are the most important emerging giants in the world where Nokia´s position and brand are still quite strong. And it may be sooner than we think when more people in these countries are able to afford high end smart phones.

  Nokia has not lost about 1 billion dollars a quarter as the media says, because its other parts of business are profitable (while 1Q´s and 2Q´s total loss 290 million each, 3Q´s total loss only 17 million euros any more). Therefore, 3.6 billion euros net cash should be enough for Nokia´s transition period before WP8 phones take off. There is still enough room for a third ecosystem in this world, beside emerging markets Europe has adopted WP phones in a very encouraging way (for example Italy has already over 10% market share for WP phones, considering the Lumia debut has not been a year yet, since last November only. WP OS has already grown a lot faster compared to iOS and Android in their first quarters). Lumias were sold 9,9 million units under a year. The number is small compared to Iphones and Androids sold today, but it is not a bad start. It is more fair to compare the numbers among the 3 in their first year.

  Now when the DOWS and S&P have almost hit all time highs, investors start to think more about cheap and potential value stocks. Usually NYSE stocks are on an average about 2x book value, NOK is now a lot below this (Apple about 5x book value). Therefore, I think NOK is cheap enough for its values. Another reason is NOK has been already shorted massively about 19% of its total shares.

  Apart from Vertu and so on, Nokia still can sell its patents, since it still has about 30 000 patents in its own hands (in case Nokia needs more cash).

  If the stock price still goes cheaper and cheaper, one day some rival would bid for Nokia, just for its patents ( Motorola was acquired by Google with 12 billion dollars, this is good to remind people who underestimate intellectual properties´ value).

  Microsoft will bid for Nokia with higher premium if some company really bids for Nokia, because Nokia is in so close partnership with Microsoft that this also includes business strategies, business secrets and so on. Therefore, Microsoft won´t let any company acquire Nokia than itself. When it comes to Microsoft, it is still the net cash king in the world, after all its debts excluded, it still has a huge net cash about 50 billion dollars.

  About Nokia´s buy out: Motorola´s patents were worth about 5.5 billion, if some company bids for Nokia´s patents and Microsoft still does not acquire Nokia, Nokia will be sold in parts. Nokia has 5 business parts, therefore patent portfolio is only 1 out of 5. Now, you can count yourself how much are Nokia Siemens Networks, NAVTEQ, and feature-phone division worth.

  I know US is very important market, because Wall Street and US consumer trend give directions to market momentum around the world, still you can not neglect the power of BRIC and MIST these days.

  You can calculate yourself how many people living in these 8 BRIC- and MIST-countries. In these countries, in Brazil, Russia, India, China, Mexico, Indonesia and Turkey, Nokia´s position and brand are still quite strong (except South-Korea, but you know it is Samsung´s home-country and the smallest country among those important 8 anyway).

  Morningstar´s analysis about Nokia:

  Estimated price: intellectual properties over 1 euro per share; other business parts (smartphones, featurephones, NSN) at least over 1.50 euro per share.

  And NAVTEQ´s price not included (Nokia bought NAVTEQ with 5.7 billion euro). All in all, even in this case, Nokia share price would be at least over 2.50 euro, excluded NAVTEQ! And Nokia´s net cash is now 3.6 billion euros.

  In other words, the sum of parts of Nokia and net cash are worth much more than its market cap now, which means NOK share is right now heavily undervalued.

  Nokia also announced it is hiring more employees to work in Chicago (where NAVTEQ is). Who says Nokia is going bankrupt? Think twice before saying that!

  Nokia also bought Scalado, the imaging technology firm in Sweden. Therefore, apart from NAVTEQ and NSN, Nokia is no doubt going big with PureView imaging technology. Some authors compare Nokia to Eastman-Kodak, I think it is almost the opposite.

  Eastman-Kodak was the old era and Nokia is starting the new evolution with smart-phone imaging, when consumers won´t have to carry another gadget (camera) during traveling.

  One of the reasons why Nokia is one of the most defensive stocks right now during bear markets is that Nokia has been already shorted massively about 19% of its total shares (while Apple only about 0.5%, Samsung over 2%, and other telecom companies about 4% in general).

  By the way, NAVTEQ just reported it is making navigators into 4 out of 5 cars (80%).

  And I hope Nokia will license City Lens to tablet makers like Amazon, Asus, Acer etc (at the same time it can turn Google maps users into using Nokia´s advanced mapping platform) soon.

  When also Nokia´s Devices & Services division is profitable as well, will you ever have a chance to buy NOK stock this cheap again? The answer might be: NEVER.

  Another aspect is, when now NOK has been already shorted massively about 19% of its total shares, bears could not go any further, because the share number that is available for borrowing/renting has already hit record high.

  If bears still dare to sell, there are plenty of happy buyers out there, for example Switzerland´s central bank has announced it had bought more NOK shares and has become the 5th biggest shareholder in Nokia.

  Considering now the total loss is about 17 million euros, it got much better from the 290 million (2 prior quarters each) loss.

  3.6 billion euros net cash should be enough for Nokia´s transitional period before WP8 phones take off.

  Nokia is also getting more cash from convertible bonds and selling its HQ and other non-core assets.

  Nokia is a big chance and good bargain at over 4 dollars, because Nokia Siemens Networks has grown so strongly and profitable that Nokia and Siemens have decided to make it independent in these couple of years. That means Nokia shareholders will have two companies´ shares in their hands.This is a bonus.

  The conclusion is Nokia is for long-term and medium-term investing not for short term. Just think about this, even when Apple and Google reach 1000 dollars, that is not even doubling, but in the long term Nokia has the opportunity to triple or even more.

• Report this Comment On December 31, 2012, at 10:40 AM, NatalieBoman wrote:

  Nokia Siemens Networks (NSN) has won two different network orders in quick succession from telecom giant China Mobile Ltd (CHL) and Telefonica S.A. (TEF). This successive order wining reflects the company’s ability to serve diverse network needs of different customers.

  Under the agreement, NSN will deploy China Mobile’s Serve atOnce Intelligence customer and business network analysis tool in the Guangdong region of China. The new analysis tool will provide information regarding customer usage and preference. It is also expected to allow the largest telecom carrier in the world to increase customer loyalty and add new revenue streams.

  In another agreement, NSN will upgrade the existing GSM and 3G network of O2 (Telefonica UK) with radio access network technology to provide LTE (Long Term Evolution) services across London and south east of England. The contract includes installation of NSN’s NetAct network management system that will allow consolidated configuration, monitoring and network optimization across the network.

  In the last two months, the company has won two network contracts from China Mobile and South Africa’s Vodacom.

• Report this Comment On December 31, 2012, at 10:41 AM, NatalieBoman wrote:

  Nokia 2050, the phone which is exclusive for China online retailer 360buy was officially launched today in China. The phone costs only 399 yuan.

  http://winp.cn/portalthread-121314-1-1.html

  Read the features and specs!

• Report this Comment On December 31, 2012, at 10:41 AM, NatalieBoman wrote:

  A few days ago, Bloomberg’s Adam Ewing wrote that Nokia (NOK) may have an advantage over Apple in Europe because the “Lumia” line of phones running Microsoft‘s (MSFT) Windows Phone 8 operating system works on two dozen different 4G networks using “long term evolution,” or LTE speeds, while the iPhone 5 only works on two networks. Ewing quoted some shoppers who said they went with a Nokia because LTE was a must in their smartphone purchase.

  Strategy Analytics analyst Neil Mawston, who thinks Nokia will sell 5 million Lumia devices this quarter, said, “There is clearly strong demand among European consumers for 4G phones.”

• Report this Comment On December 31, 2012, at 10:42 AM, NatalieBoman wrote:

  Nokia is a wide-ranging company. It does not just only make phones.

  It has network business (Nokia Siemens Networks).

  Navteq, even 3D mapping platform is coming soon after buying Earthmine; Nokia´s augmented reality City Lens is unique in Lumia phones.

  And Nokia is bringing almost the same app called “Nearby” to Asha phones.

  Nokia is also making GPS for many car companies.

  Nokia´s Asha phones are becoming half smartphones and they are with very competitive price, only about $60 without any contract.

  Nokia´s patent portfolio earns about 500 million euros a year.

  New Lumia generation is doing well, Lumia 920 is selling out almost everywhere.

• Report this Comment On December 31, 2012, at 10:43 AM, NatalieBoman wrote:

  China Mobile sells Lumia 920T for 4599 yuan, but with wireless charging pad or other gifts. So the phone costs only about 4000 yuan.

  It is much cheaper than Galaxy Note II or iPhone 5.

  Bloomberg reported, in Sweden consumers returned iPhone 5 and changed it into a Lumia 920, because iPhone 5 does not work in 4G there and the Lumia 920 works.

  Actually, iPhone 5 works only on two 4G networks in Europe, while Lumia 920 works on two dozen 4G networks there.

  T-Mobile Germany Forced to Offer the Nokia Lumia 920 Due to High Demand.

  PhoneArena just chose Nokia´s PureView camera technology in phones as the best innovation of the year. Also Lumia 920 belongs to the best product designs of the year.

  Lumia 920 wins Gizmodo Australia’s Mobile Phone of the Year 2012 People’s Choice Award.

  The Independent UK calls the Nokia Lumia 920 “probably the most advanced smartphone on the market”.

• Report this Comment On December 31, 2012, at 10:43 AM, NatalieBoman wrote:

  Actually, beside China Mobile, China Unicom is also selling Lumia 920 (the version like in Hong Kong).

  That means 2 out of the 3 biggest carriers in China are selling Nokia´s flagship phone!

  The world´s second largest carrier Vodafone´s chief Vittorio Colao said a few days ago that Nokia is back on top with innovations. He mentioned especially Nokia´s camera technology and maps combined with augmented reality: PureView camera with optical image stabilization and Augmented reality City Lens.

  By the way, Verizon is Vodafone´s affiliated or branch company.

  The world´s biggest carrier China Mobile (with about 700 million subscribers) starts to sell Lumia 920T before the end of the year. Nokia and China Mobile had co-launch party in Guangzhou China a few days ago.

  Lumia 920T´s processor is said to be the fastest in a smartphone in the world.

  The chief of China Mobile said Nokia and China Mobile have worked together since the 80´s. China Mobile has about 700 million subscribers, and in average, one subscriber buys or changes a new phone every 23 month. That means China Mobile sells about 350 million phones per year.

  Nokia also launched Lumia 620. It is the most affordable WP8 phone up to date, and it will hit the markets early 2013.

  Lumia 505 WP 7.8 phone is being launched in Mexico.

• Report this Comment On December 31, 2012, at 10:44 AM, NatalieBoman wrote:

  Nokia did announce a couple of months ago (when asked why it bought Norway´s Smarterphone but has not used the OS) that Nokia bought Smarterphone because of the company´s expertise, in order to develop Nokia´s feature phones which are going to be kind of half smartphones right now, e.g. the newest Asha 205 and Asha 206, in which there are features like Facebook, Twitter etc and internet access to thousands of Nokia´s most popular apps.

  Either Nokia has integrated Smarterphone into S40, we don´t know, but the fact is Nokia´s feature phones have become really smarter!

  Apart from the features I mentioned above in the new Asha phones,

  Nokia has already brought an app called Nearby (which is almost the same as Lumia´s City Lens) into Asha phone line!

  In addition to all these, Nokia has 40 most popular games of the world in these Asha phones for free. And Asha 205, 206 is only $60 without any contract at all. And Nokia´s Asha phones are profitable, that is one really important thing to keep in mind, because almost 2/3 of the world´s population is still using a featurephone!

  As Nokia has said, with these Asha phones Nokia is targeting the next billion people to reach internet. There is still a huge opportunity out there which even Android can not target (because cheapest android right now is above $100 and Asha is only $60), not to mention iOS!

  Asha phones were and have been profitable.

  Actually, all the other 4 Nokia´s business divisions (Navteq, NSN, intellectual property rights and feature phones) were profitable in 3Q12, except smartphone division. And the total EPS was -0.07 euro per share, while the consensus was -0.11 euro per share. In other words, Nokia has beaten expectations and estimations (and to be exact, this has already happened in the last two quarters, with beating consensus. Those are ones of the most important reasons why NOK stock has jumped from its lowest this much)! The news of the last two weeks are only part of the whole reason.

  And at this price, NOK is still undervalued!

  Morningstar´s analysis for the whole Nokia:

  Estimated price: intellectual properties over 1 euro per share (Motorola´s patent portfolio was worth about $5.5 billion); other business parts (smartphones, featurephones, NSN) at least over 1.50 euro per share.

  And NAVTEQ´s price not included (Nokia bought NAVTEQ with 5.7 billion euro). All in all, even in this case, Nokia share price would be at least over 2.50 euro, excluded NAVTEQ! And Nokia´s net cash is now 3.6 billion euros.

  In other words, the sum of parts of Nokia and net cash are worth much more than its market cap now, which means NOK share is right now heavily undervalued.

• Report this Comment On December 31, 2012, at 10:45 AM, NatalieBoman wrote:

  Right now, the stock is at this price (no tech stocks usually this cheap with valuations), just because the stock has been beaten down and short sold extremely heavily around 20% of the company´s total share number (New York + Helsinki).

  When and if Nokia reports profit, will one have a chance to buy the stock at this price anymore, the answer might be NEVER!

  Now, many authors start to write how much the stock has jumped, but they might have forgotten the realizing of the whole picture scale. Only one and a half year ago, Nokia was still around $10.

  And keep in mind, the stock went down like this, just because of the bearish idea that the company would have gone bankrupt. Without that NOK would have never been this cheap.

  Also remember that Nokia has beaten estimations and expectations in the last two quarters (in 3Q the EPS was -0.07 euro per share any more, while the consensus was -0.11 euro per share), that is why the stock is now over $4, it is not just due to the recent positive news alone.

  It is worth to keep in mind that the stock is undervalued right now.

  Nokia has “low end competitive Asha phones and high end competitive Lumia phones”, that is why I trust in Nokia´s phone business into the future. Apart from that, one of the reasons why I chose NOK, is because Nokia has other business units like Navteq, NSN and intellectual property rights.

• Report this Comment On December 31, 2012, at 10:45 AM, NatalieBoman wrote:

  Nokia Lumia 920 And Nokia Lumia 820 Available In Singapore and Malaysia From December 8th.

  Nokia is also selling the following accessories in Singapore:

  JBL PowerUp Wireless Charging Speaker for Nokia

  JBL PlayUp Portable Wireless Speaker for Nokia

  Nokia Purity Pro Wireless Stereo Headset by Monster

  Netherlands, Device Availability From Jan 2013.

  Microsoft announced 40 million Windows 8 licenses sold in 30 days.

  Swedish online store calls demand for the Nokia Lumia 920 “absolutely huge”, causes a backlog twice as big as that for the Samsung Galaxy S 3.

  Nokia Lumia 920 “Extremely Popular” At Walmart.

  Walmart is running a great offer for smartphones in their online store. They are offering a free $100 Walmart gift card with every smartphone purchase. You can see the list of eligible devices here. Nokia Lumia 920 is listed there in all colors and it is available for just $69.99 with free gift card.

  Hot deal in UK offers Pay as You Go Nokia Lumia 920 on EE for only £399, locked to EE/ Orange.

  The deal is in store and not online.

  2014 Ford Fiesta adds MyFord Touch with Improved Microsoft Sync Voice Recognition, Navigation and Phone Pairing.

  Nokia Lumia 920 is now available in Sweden from online retailer Phone House. The device is available in all colors and is expected to be delivered on November 29th. You can buy the device on contract from all the major carriers in Sweden such as Three, Telia, Tele2, Telenor and also Halebop. If you want an unlocked device with no contract, you can get it for 5790 svenska kronor(670 Euros).

  Finnish Carrie: Demand for Nokia Lumia 920 is the highest for any Nokia phone in the last 10 years.

  DNA Store’s Managing Director Sami Aavikko have told a local magazine in an interview that the demand for Nokia Lumia 920 in its stores were highest for any Nokia model released in the past 10 years. He also revealed that they are selling out of the devices as they receive.

  The issue is not just due to short supply, with Sami saying quantities delivered were similar as for the iPhone 5, but that shortages was due to true demand.

  Google Trends shows interest in the Nokia Lumia 920 exceeds NL 800,900 peaks, still growing.

  Verkkokauppa sent a Lumia 920 into space attached to a balloon. The Windows Phone managed to achieve a height of 30km, spending more than 27 minutes in sub-zero temperatures. And it survived well after landing back to the earth.

  It is now called “space version” Lumia 920.

  Nokia Lumia 920 takes on a DSLR with night photography. Keng Chang, took the issue to task and compared his Canon 1DX DSLR to the Lumia 920. The results do speak highly of the Lumia 920′s low light performance.

  Lumia 920 available at Telstra stores in Australia, but sold out.

  The 920 on Rogers are not SIM unlocked though you could pay the Canadian carrier $50 to do so (assuming you bought it under contract).

  Microsoft in talks with landlords – Set to push Microsoft Stores to Europe in 2013.

  Amazing concert capturings with the Nokia Lumia 920 on Youtube.

  Lumia 510 available now in Philippines after India.

  Press Release: Facebook and Nokia partner to increase connections on-the-go; The new Nokia Asha 205, 206. “Slam” feature showed in Engadget videos.

  Microsoft and Nokia have not intended to beat Samsung and Apple.

  For them, the third horse in the race is quite enough. Why?

  Because Nokia and Microsoft have other business divisions than just smartphones!

  Nokia has NSN, Navteq, feature phones and patent portfolio.

  And these 4 other parts of its business have been profitable.

  Feature phones Asha 205 and Asha 206 belong to Nokia´s “next billion people to reach internet” strategy. This is a big chance. There are still many many people out there using feature phones, especially in developing countries.

  In these phones, there are Facebook, Twitter etc, and also 40 most popular games in the world for free. All packed in a $60 phone without any contract. Therefore, I think it is quite hard for other manufacturers to compete featurephones with Nokia.

  And the featurephone division in Nokia has been profitable, because of this Asha family. Therefore, Nokia´s 3.6 billion euros net cash, plus NSN, Navteq, patent portfolio and featurephones (all these 4 divisions have been profitable) are giving enough time for Lumia phones to take off (pushing them with huge marketings, discounts and campaigns). And Nokia´s EPS was -0.07 euro any more last quarter, when Lumias were sold 2.9 million units. And now, even Street estimation is above 5 million units. Kantar just reported WP phones have reached 11.7% in Italy. The WP phones most sold there are Lumia 610 and Lumia 800.

  Yahoo-China reported last week that Lumia 920 alone was ordered from Nokia up to date 2.5 million units. And Lumia 920 still sells out

  in most of the countries launched. Lumia 920 and 820 also support Arabic now, which meas WP8 phones will arrive to more markets.

  In addition, China Mobile (the world´s biggest carrier with about 660 million subscribers) is selling Lumia 920T soon, starting December!

  Lumia 920 has repeatedly sold out in many countries, such as:

  Italy, Germany, Australia, US, UAE and so on. Two days ago, this also happened in France, Sweden and England.

  Dutch Nokia Lumia 920 confirmed as pre-orders match or exceed that of the iPhone 5.

  Dutch retailers have confirmed that there is real excitement about the Nokia Lumia 920 coming to the Netherlands.

  Clove UK sells out of all Lumia 920 colours for the second time, even before shipments arrive.

  In Hong Kong, the first lot of Lumia 920 sold out so quickly, and many consumers were even willing to buy the phone from others who could get the phone during launch with higher price, up to over 800 US dollars (the phone was sold only over 600 US dollars in Hong Kong).

  Wireless Chargers for the Nokia Lumia 920 now showing up in Red Espresso coffee shops in Russia and in Beijing Airport´s VIP lounges.

• Report this Comment On December 31, 2012, at 10:46 AM, NatalieBoman wrote:

  While many stores such as Amazon (AMZN) and Best Buy (BBY) seem to be out of Lumia 920s, and Nokia is having trouble with supplying sample phones to journalists for them to review and write about, the company keeps its silence about the issue. When companies remain silent, speculationsgets going. When Nokia launched Lumia 900, it was initially launched in only a few select countries. On the other hand, Lumia 920 was launched in more than 20 countries simultaneously, and it is possible for many stores to have thin supplies of the phone in the first place.

  Danske Bank Markets’s Ilkka Rauvola mentioned that his channel checks indicated some component supply issues. However, he raised his estimate of the number of Windows 8 based Nokia devices to be sold from 23 million to 36 million for 2013. Mr. Rauvola also changed his rating on Nokia from Sell to Buy, suggesting a price target around $3.80. Deutsche Bank’s Kai Korschelt and Johannes Schaller also agreed that Nokia was experiencing supply issues and they identified the supply issues as the main culprit for the stock issues. Unlike Mr. Rauvola, Mr. Koschelt and Mr. Schaller don’t seem to believe that there is a high demand for the new line of Lumia phones. In fact, Deutsche Bank’s analysts don’t even think the company can sell as many as 30 million Lumia phones in 2013, and their estimated number sits around 23 million. Another industry analyst, Tero Kuittinen, suggested that Nokia probably sent most of its supplies to Europe instead of North America, because the company’s products usually see much stronger demand in Europe than North America. In that case, the shortages in countries like Germany, Italy and France must be due to strong demand while the shortages in the US must be due to low supply.

  If the issue is based on low supplies alone, this is a big mess from Nokia’s management. Having short supplies of this Lumia 920 would be a big mess because Nokia’s very existence relies on this phone at the moment. Why would a company put all its eggs in one basket and still not have enough eggs to feed itself? I don’t think Nokia’s management would make such a big mistake. Yes, Nokia’s management isn’t the best when it comes to marketing, but the company is pretty good when it comes to building and distributing phones. That is unless there is a serious problem in the supply chain where Nokia doesn’t have much control.

  Michael Walkley at Canaccord Genuity performed his own channel-checks in the USA, and he found out that while there are some supply issues with the phone, the demand for the phone has also been pretty strong. Mr. Walkley’s channel checks indicated that Lumia 920 was the best selling Windows Phone and third best selling phone overall at AT&T stores. This is pretty encouraging for investors of Nokia.

  Amazon currently sells Lumia 920s for $69 when one agrees to sign a 2-year contract with AT&T. In the phone’s page, the review of the users is overwhelmingly positive. The phone’s average score is 4.7 out of 5.0, which is the highest average score I’ve ever seen in Amazon for a phone. Prior to Lumia 920′s arrival, the users assigned an average score of 4.6 for Lumia 900. In comparison, Apple’s iPhone 5′s average score is 3.7 and Samsung’s Galaxy s3′s average score is 3.9 at the moment.

  Of course, for the time being, one shouldn’t expect Nokia to sell its Lumia 920 in numbers similar to Samsung’s Galaxy S3 or Apple’s iPhone 5. Those phones will sell more copies in a quarter than Lumia 920 will sell in a year, but this is not all bad. Nokia’s current market value is about $15 billion whereas Apple’s market value is over $500 billion. Basically, Nokia can sell way fewer copies of its flagship phone than Apple, and this can still be bullish for the company. J. S.

• Report this Comment On December 31, 2012, at 10:46 AM, NatalieBoman wrote:

  One way or another, this quarter is no doubt going be a lot better than last quarter in smartphones.

  All Lumias were sold only 2.9 million units last quarter.

  Yahoo-China reported last week that Lumia 920 alone was ordered from Nokia up to date 2.5 million units. And Lumia 920 still sells out

  in most of the countries launched. Lumia 920 and 820 also support Arabic now, which meas WP8 phones will arrive to more markets.

  In addition, China Mobile (the world´s biggest carrier with about 660 million subscribers) is selling Lumia 920T soon, starting December!

  The only 1 out of 5 Nokia´s business parts, which is not profitable, is smartphone business, till now. And the EPS in last quarter (3Q12) was only -0.07 euro per share any more.

  Nokia´s current 3.6 billion euros net cash should be enough for Nokia´s transitional period before WP8 phones take off.

  Nokia is also getting more cash from convertible bonds and selling its headquarters and other non-core assets.

  Morningstar´s estimated price for the whole Nokia:

  Intellectual properties over 1 euro per share; other business parts (smartphones, featurephones, NSN) at least over 1.50 euro per share. And NAVTEQ´s price not included (Nokia bought NAVTEQ with 5.7 billion euro). All in all, even in this case, Nokia share price would be at least over 2.50 euro, excluded NAVTEQ! And Nokia´s net cash is now 3.6 billion euros.

  In other words, the sum of parts of Nokia and net cash are worth much more than its market cap now, which means NOK share is right now heavily undervalued!

• Report this Comment On December 31, 2012, at 10:47 AM, NatalieBoman wrote:

  Clove UK has completely sold out Lumia 920. EE still has supply. EE-exclusivity ends January, so also other carriers in UK will sell the phone.

  Lumia 920 AT&T back at Amazon US, supply just arrived.

  Lumia 920 and Lumia 820 are arriving India in January.

  Lumia 620 (the most affordable WP8 phone up to date) is available in many markets starting the end of January, including China and India.

  Lumia 800 at number 1 in Amazon UK.

  Lumia 800 and Lumia 610 in UK top ten chart.

  Nokia has brought a new app called “Nearby” into Asha phone line. “Nearby” is almost the same as Lumia´s City Lens, which is one of the most advanced, useful and unique features in Nokia Lumia phones. It has location data, such as restaurants, hotels, hospitals, shops, sight-seeing places etc, and also voice guided navigation how to go there by walking, by car or by public transport.

  Lumia 505 is being launched in Mexico.

  Lumia 510, 610, 710, 800 and 900 are getting firmware update from WP 7.5 to WP 7.8

  The new lots of these phones are going into the markets with WP 7.8 factory installed.

  Lumia 920T and Lumia 920 are selling well at China Mobile and China Unicom.

  The first lot of the phones arriving around Christmas, second lot in January.

• Report this Comment On December 31, 2012, at 10:47 AM, NatalieBoman wrote:

  Nokia is a very good candidate for a big short squeeze.

  Because the stock has been over sold.

  Nokia is the most short sold stock in both Helsinki and New York!

  NOK short interest:

  NYSE November 30

  295,118,232 shares

  Helsinki December 6

  10.7% (with investors over 0.5%, below 0.5% not listed)

  Nokia´s total share number (approximately 3.75 billion shares) covers both New York and Helsinki.

  That makes the sort interest in NOK around 20%!

  I also think HTC´s and Rim´s gains are almost pure predictions,

  but I have trust in Nokia.

  And I believe Nokia is already recovering.

  Here is what I think:

  WP 7.5 phones such as Lumi 800 and Lumia 610 are still selling well because of the price cut, and the phones are also getting update to WP 7.8.

  Nokia is flooding the markets with these WP 7.8 phones in order to make the ecosystem grow (maybe with thin profit or no profit, but it is very important, and it is worth it).

  The encouraging things in Nokia are:

  Nokia has both low end competitive Asha phones and also high end competitive WP8 Lumia phones.

  In addition, apart from phones, Nokia has other business units like NSN, Navteq and patent portfolio.

• Report this Comment On December 31, 2012, at 10:48 AM, NatalieBoman wrote:

  Nokia is a stock to own with great upside opportunity right now, I have to say there are many more factors that have driven Nokia lately and into the future. Beside Verizon news, which is of course very important for North America markets and Wall Street, for example in China regarding Gartner´s report, WP phone sell is going to pass 10 million units worldwide this quarter alone. In Finland, with national TV interview, even though CEO Stephen Elop did not say how many units of Lumia 920 have been sold, but he thanked shareholders and people who have supported Nokia through difficult times. He also said all the hard work has been worth it and the company is starting to see ray of light and the effort has been now fruitful.

  According to China site, the Nokia factory in Beijing alone is producing about 600 000 units of Lumia 920 a month (Nokia has several factories, so we don´t know if Nokia is producing Lumia 920 in other factories or not, but this Beijing factory also produces other Lumia phones, and the production in this factory alone is about 2 million Lumia phones a month.)

  Then there is also a piece of news that Nokia will launch a tablet next year at MWC. In addition to positive Lumia 920 news, Nokia´s Asha phones are said to be ones of the hottest Christmas presents this year for kids in many countries.

• Report this Comment On December 31, 2012, at 10:48 AM, NatalieBoman wrote:

  The question is Apple is only growing in saturated developed countries and not in emerging countries where live most of the population in the world. that is the problem.

  A spokesperson lady of China Mobile said at Wall Street a few days ago, that the deal problems with Apple are not technical, but they are business conditions.

  That means China Mobile won´t let Apple enjoy that high profit that Apple used to enjoy. And why should they?

  Think about this: Lumia 920T is with 32 GB storage, and it is barely 700 US dollars without contract. And iPhone with only 8 GB is already a lot more expensive than the 32 GB Lumia 920T!

• Report this Comment On December 31, 2012, at 10:48 AM, NatalieBoman wrote:

  And don´t forget Samsung has been judged and fined that it has copied other´s inventions and now even Ericsson is suing Samsung!

• Report this Comment On December 31, 2012, at 10:49 AM, NatalieBoman wrote:

  Chinese people know a Samsung or iPhone is made with only about $200 and sold to them with high price for almost $900. Instead, Nokia uses a lot more than that $200 to make a Lumia 920, and it is sold a lot less expensive than Samsung and Apple phone.

  In addition, Chinese people know Nokia is really famous with build quality.

• Report this Comment On December 31, 2012, at 10:49 AM, NatalieBoman wrote:

  Business men and women like the Lumia 920 in China, because of Office, good maps and location data City Lens and GPS, and good virus protection firmware built in the phone.

• Report this Comment On December 31, 2012, at 10:49 AM, NatalieBoman wrote:

  Nokia and Rim have agreed on a new patent licensing pact which will end all existing litigation between the two companies.

  The agreement includes a “one-time payment and on-going payments, all from RIM to Nokia,” Nokia said, but did not disclose “confidential” terms.

• Report this Comment On December 31, 2012, at 10:50 AM, NatalieBoman wrote:

  Windows Phone Kid’s Corner Won Pogie Awards For the Brightest Ideas Of 2012.

• Report this Comment On December 31, 2012, at 11:35 AM, NatalieBoman wrote:

  China Sets 100 M 3G Customer Goal

  People’s Republic of China – the biggest telecom market in the world by subscriber base has set an ambitious goal for the forthcoming year. Additionally, the East Asian country expects 3G subscribers and broadband Internet to collectively propel growth in 2013. According to China’s Ministry of Industry and Information Technology (:MIIT), the country expects to add 100 million 3G subscribers with the number of broadband Internet users to increase by 25 million in the coming year.

  China Mobile is planning to offer Nokia Corporation’s (NOK) Lumia 920T at a very low cost, which is expected to increase its 3G customer base even further.

• Report this Comment On December 31, 2012, at 12:10 PM, PeterC89 wrote:

  I'd like to know how many units did each of those countries in Europe receive. Nokia is not giving out numbers, which leads me to believe that the total units are below WS estinate.

• Report this Comment On December 31, 2012, at 2:27 PM, CruzanB wrote:

  Think global - 'rich' US may love the latest Apple or Samsung but in southern Europe and other areas of the world cost rules. MS has room to make inroads globally. There was a good article recently comparing phone market share in different regions - our US based perceptions are not global.

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