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

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man-bear-pig on 05 December 2012
kowenicki said:
man-bear-pig said:
kowenicki said:
Apple shares down 6% today and Nokia up 11% today.

This seems to be a big deal.


No...Apples shares didn't drop for the same reason Nokias went up.

I thought Apple bottomed out at 548 today, so I bought some. Now they're at 539. 539 for Apple is an absolute steal, but they'll jump a bit tomorrow when the market opens.


it appears to be one of 3 reasons according to analysts.


The effect of this news on Apple would be negligible. Apple fell mainly because of the capital gains tax



My prediction threads:

Wii U will sell under 40m units (made on 14th September 2012)

PS Vita will sell under 20m units (made on 30th September 2012)

Wii U will sell under 7m in 2013 - I was right

Halo 4 first 9 weeks sales prediction

PS4 to be down YOY in 2015

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MoHasanie on 05 December 2012
dallas said:
This isn't going to be a hyuuuugggee deal for Nokia, as china still doesn't have a lot of income and it's market of smartphones tends to be like a lot of developing countries, primarily a low-end market. But all the same that's good for Nokia I guess.


Well, I've been reading tons of Iphone 5 sales predicitions,and all of them mention that the deal with China will give a major boost to Iphone sales, so clearly its a big deal. Glad Nokia has finally found some success with this phone after so many faliures. I haven't tried a Windown phone, but I'm tired of Android and IOS, so maybe I'll switch to Windows. 



    

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dallas on 05 December 2012

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.



dallas on 05 December 2012

This doesn't mean that Nokia isn't out of trouble, and that msft is moving from a mediocre stage to a great one again. With msft, they are just riding high after their new product launch, anyway. It's just more of the same story, so don't change your perceptions too much now.



the2real4mafol on 08 December 2012

Hopefully, China will sort out Nokia's failings...



Xbox Series, PS5 and Switch (+ Many Retro Consoles)

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selnor on 13 December 2012

Great news. I bought shares in Nokia last year. Still holding on to them. I expect further increases over the next year when the heavily rumoured Nokia Coffee tablet releases with Windows 8 RT. It looks awesome just like the Lumia phones. 7" screen and is likely 2-$300.

Nokia will be rising more yet.



selnor on 13 December 2012
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.



selnor on 13 December 2012
kowenicki said:
Yeah this 620 is a good move. I'm holding my shares too selnor. I'm up massively with them.


Werent we the smart ones.

:)