Wall Street not impressed by the new Nokia Lumia models as Nokia's stock is downgraded by brokers
0. phoneArena 07 Sep 2012, 20:46 posted on
While many smartphone fans were impresed with the bright colors of the new Nokia Windows Phone 8 models, Wall Street and the global brokerage community simply was not as firms like Deutsche Bank and Societe Generale downgraded Nokia's stock to "sell"...
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94. haseebzahid (Posts: 1775; Member since: 22 Feb 2012)
well its good that those phones got updated but it is coming to market very late after the OS is going down if it was in N8 from start today symbian could have one of top three postions but time is harsh and dont wait for anyone. and now symbain got no chance it is much alike andoid not completly but quite the same looks and android devies got cheaper + WP is the new competetor far more superrior i admit people dont like it and it is limited but it doesnt stop here MS is unlocking the features as the demand goes up they are not stubborn like apple they proved it too and it is only 1 year since it was launched remeber android first year no one believed it could ever be better then even symbian
67. pikapowerize (banned) (Posts: 1869; Member since: 03 May 2012)
but too bad... WP7 cant be upgraded to WP8...
unlike iOS, iPhone 3GS will be ungraded to iOS 6 coz that iPhone is apple's solution to low-to-mid market!
95. haseebzahid (Posts: 1775; Member since: 22 Feb 2012)
that is because wp7 and wp8 is of differnt kernal means different platform only the name is similar thats one of the reason they did not make it for wp7. for example if u want to run MAC OS on X86 platform u cannot normally same goes for wp7 and wp8
42. redmd (Posts: 786; Member since: 26 Oct 2011)
I prefer a bit of lagginess than an awful lot of limitations. My last Symbian phone was from Samsung, it was the best Symbian at that time. I felt the need to root. When I shifted to Android I lost the need though rooting is everywhere. I won't be buying Nokia phones for long unless the 820 turn out impressive though it might be unjustly expensive.
51. haseebzahid (Posts: 1775; Member since: 22 Feb 2012)
i also had 5800XM i loved it cuz it was nokia awsome phone with good durability not just symbian
43. Glim12808 (Posts: 391; Member since: 26 Oct 2011)
I have news for you, Meego is dead to Nokia because they already gave the OS away. It's not coming back to Nokia. As for Symbian, it's a dying OS. Both Motorola and Sony (SonyEricsson then) already gave up on it three years ago. Time to move on. If you don't like WP8, then there's Android, iOS, or BB10.
44. redmd (Posts: 786; Member since: 26 Oct 2011)
Yes, time to move on. Nokia is not the only phone maker out there.
60. -box- (Posts: 3566; Member since: 04 Jan 2012)
I agree that Symbian is a killer OS in terms of functionality. It is truly a pocket computer OS that can be used for making phone calls and taking pictures. I just upgraded from a C7 to a 701, and the difference im software optimization and a processor with higher clockspeed is stunning. I strongly feel that Belle should get some younger sisters, as there is a lit of life and potential still for this OS. That said, I envision a day when WP, under Nokia's development, can do all the things Symbian/Nokia Belle could, but better and faster and with more support from multiple companies.
That said, for most consumers, WP is a great OS. Easier to use than any other electronic OS I have yet encountered, aesthetically pleasant, lots of great features, backing from two of the largest tech giants in the world (and with Samsung pledging further support, especially with devices like the ATIV S, which we all know is a reskinned GS3 with some modifications) it stands a strong chance at topplong ios, and going head to head with Andtoid, which will be great as consumers would have two competitive capable OSes to choose from with lots of support, and apple's app launcher will fade into history
47. Tsepz_GP (Posts: 664; Member since: 12 Apr 2012)
I think many of us were expecting something more like the 808PV, with a ridiculously mind blowing Camera, but what we got was a fairly good camera without a Xenon flash, its almost like deja vu ,they did something similar when they brought the N86 8MP, tried to convince us that Xenon is not necessary, and that did not work out very well, being beaten by the Samsung Innov8, SE C905, and the Pixxon ,and that was at a time where the companies were in the MP race.
The 920 and 820 are going to be eaten alive in the phone shops, with phones like the GS2, Xperia Acro S, HTC One S, Motor RAZR MAXX, iPhone4S and some Huawei models holding the mid end, phones like GS3, iPhone5, Galaxy Note2, Xperia T, RAZR MAXX HD, HTC One X/One X+ etc...taking up the high end.
Nokia needed something huge to differentiate them, NFC and Mapping will only taking them so far.
52. haseebzahid (Posts: 1775; Member since: 22 Feb 2012)
u are right about PV but look at the lumia series they are build flat body if PV 41 or 21 mpx is in it the design could not be as cool so its a good thing they dont something different although i think they might put it back in some other wp8 in 2013
48. DIYguy (Posts: 190; Member since: 27 Feb 2011)
Am I the only one that doesn't give a sh** about some no brain brokers and only care about how good the phones are....
49. DIYguy (Posts: 190; Member since: 27 Feb 2011)
If the majority of brokers would say they were impressed by Nokia's new handsets Nokia's shares would have gone up. It's not about the phones anymore!
71. Droid_X_Doug (Posts: 5282; Member since: 22 Dec 2010)
"It's not about the phones anymore!"
It has never been about the phones for investors. Investors that buy large lots of shares in a company are concerned only about making money on their investment. Nokia does not look like it is going to be making money for a while. The latest product announcement only confirmed that perspective. Therefore, the large investors bailed and the stock lost 16% in value. In the time since, the stock has regained some value, but it is still down around 12% from where it was just before the announcement.
79. Sprintfan (Posts: 68; Member since: 18 Nov 2011)
It's not about that. Usually the brokers are right when something is announced. Unfortunately, to the average Joe, this isn;t something that is going to change their mind over an Iphone or Android for Xmas.
72. 7thspaceman (Posts: 900; Member since: 14 Feb 2011)
Windows phone 8 smartphones are a different Animal than the current windows phone7 smartphones. 1=they will have state of the art Electronics and can use a Quad core Cpu they have NFC, High def screens, good cameras,.2= The new Windows phone 8 operating system's features are better than the current windows 7 smart phones. Even Verizon who was not a fan of the the windows 7 smart phones are backing the Windows 8 smart phones now because Verizon knows the Windows phone 8 operating system has good features for their customers to have verizon know they will be selling their customers a great smart phone not junk! Microsoft has vowed to give better support to the Windows phone 8 smart phone owners. Nokia says current Windows 7 Lumia smart phone owners will continue to get software upgrades and will look like a windows phone 8 smart phone soon and get some of the windows 8 software updates and more to come in the future. so windows smart phones are not dead at least Nokia made smart phones will continue to get software upgrades. I do not put much faith in wall street in 2008 their people almost cause the country to fall into a depression.
78. Sprintfan (Posts: 68; Member since: 18 Nov 2011)
If it is even questionable that you can't get your device on all 4 major US carriers, it will not succeed or gain market share.
83. lyndon420 (Posts: 1641; Member since: 11 Jul 2012)
Nokia could run Android, microsoft can get their so-called Android license fees, and then Nokia can start making $ again.
87. Droid_X_Doug (Posts: 5282; Member since: 22 Dec 2010)
You forgot the part about Elop could go back to MS.
89. lyndon420 (Posts: 1641; Member since: 11 Jul 2012)
I'd be surprised if that happened...regardless of how much Nokia employee's must hate him. They should find a way to take back control once their obligations with ms dissolve...they need to start thinking for themselves again. MS sure knows how to take a struggling company and really run it into the ground.
93. picka_vi_materina (Posts: 156; Member since: 21 Nov 2011)
Nokia's BoD, I and many others suggest you fire Elop and rethink the MeeGo strategy. If you have listened to your dear customers, bloggers and critics, WP would have been dead and MeeGo and Qt would have been at the top. Also you'd still have the almighty Symbia for non-US markets.