Nokia Chinese deal confirmed. Nokia stock up 13% today, Apple down over 6%.

[selnor]

kowenicki said:

dallas said:
It's going to be a good thing, bc more sales is always good, but a huge thing? Uh I can't see that. As of now, android dominates the Chinese smartphone market bc as far as measures like GDP and income look, it's still a developing market, and cheap android phones dominate in a cheap market hands down.

Still think Nokia are doomed?

Anyhow...

google shares down

ms shares up

nokia shares up

 

common trend lately.

Also Im sure Nokia will bring their Lumia 620 there also. Great smartphone which like for like beats low spec Android phones yet is priced in the same market.