Revisiting Nokia... on both my messages here and here I cautioned that any move from Nokia was preconditioned that Lumia and Windows Phone 7 gaining traction. So far the signal have not been encouraging that WP7 is gaining any market share. If anything, they continue losing the little that they have. Without clear signals that the bleeding has stopped Nokia IMO will be range bound between $4.8-$6. Only clear indications of WP7 traction can get Nokia out of that range and to $8 and $10.
I continue holding my Nokia shares from $5 and will continue adding trading shares to play the ups and downs.
Lag is clearly evident in crApple's own ads... and even by simple math, the display has 4x as many pixels as the A5 iPad2. So the equivalent of moving those pixels would be a 4x faster A5. But the A5X is only 2x faster.... hence LAG....
Several analysts who cover TI said they believed a slowdown in Kindle Fire sales was likely the main culprit to the shortfall. “We believe the majority of wireless softness can be attributed to disappointing Kindle Fire sales, and to a lesser extent, connectivity weakness at Research In Motion wrote Rick Schafer of Oppenheimer.
Nokia's Symbian Sales Behind Texas Warning -Analyst Last update: 3/9/2012 3:21:29 AM 0821 GMT [Dow Jones] A faster-than-expected decline in Nokia's (NOK) Symbian handset sales, as announced in its 4Q report, is likely to have forced Texas Instruments (TXN) to issue a profit warning overnight, says Pohjola Market analyst Hannu Rauhala. Texas said it will miss its 1Q financial targets due to weak wireless chips demand. "One third of Texas' sales still come from Nokia, but these chips are used in Nokia's Symbian handsets, and production is being ramped down," Rauhala says. Pohjola has a hold recommendation on Nokia, with the target price under review. Shares trade 0.6% lower at EUR3.79. (firstname.lastname@example.org) Contact us in London. +44-20-7842-9464 Markettalk.email@example.com (END) Dow Jones Newswires March 09, 2012 03:21 ET (08:21 GMT)