Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Dynamic Wealth Management Headlines: New Nokia Smartphone fails to turn tide

By Dynamic Wealth Subscribe to RSS | April 1st 2012 | Views:

Helsinki: Nokia’s long-awaited Windows phones may be too little, too late in the smartphone war dominated by Apple and Google, irrespective of positive assessments by handset critics.

The Lumia 800, the first Windows model has acquired little interest from consumers, with only 2% of Europeans in the market for a smartphone saying they would pick it, according to a survey by Exane BNP Paribas.Analysts said there was nothing particularly wrong with the sleek-looking handsets, other than a software glitch on some models affecting battery life, but consumers were just not biting.Smartphones working with Microsoft software have just a 2% market share, compared with Google Android at around 50% and Apple at 15-20%.“There isn’t much room kept for a third ecosystem. The smartphone market is merging fast,” said Bernstein analyst Pierre Ferragu who rates Nokia a “sell”. According to the Dynamic Wealth Management Business Reports, Nokia’s shares have fallen over 20% for the reason that 26 October launch of the new phone, with investors dreading Nokia would be unable to claw back the market share it has lost in the past several years to rivals like Apple.Phones working with Nokia’s old Symbian software, which it decided to get rid of Microsoft, are still in circulation and outsell Windows phones 10 to 1.But as Nokia keeps switching to Windows, sales of Symbian have a lot of room to dissatisfy over coming quarters and some analysts are warning of lower dividends and weaker-than-expected earnings ahead.

Now even Microsoft has begun to hedge its bets, making its software increasingly available for rivals to Windows Phone. Smartphones are designed on mobile computing platforms, and the most modern combine web browsers, navigation systems, cameras and portable music systems as stated on Dynamic Wealth Management Business Reports. A so-called “feature” phone – a market Nokia still dominates – has far fewer of these applications.

Nokia officials defended the Lumia, and a spokesman said there was “positive momentum” while declining to provide any data. One executive argued that Nokia had never counted on the first Lumia phones to lead to a quick turnaround but instead expected it to be the first step towards recovery.In fact, there are just as many analysts suggesting a “buy” on the shares as there are “sell” ratings. Those who are keeping the faith consider the new invasion on the smartphone market may be enough to provide Nokia a place at the table. As reported on Dynamic Wealth Management Business Reports, Many of them say the variety of concerns over the Finnish company are fully priced into the shares, while the company’s formidable cash position and some prized patent assets could entice a takeover approach.“With current and upcoming models, Nokia can win back market share in both – in feature phones and in smartphones,” said Swedbank analyst Jari Honko, who rates the shares a “buy”. “Today’s share price does not take into consideration any recovery in the Nokia market position.”Optimists also cite a noticeable difference in Nokia’s product portfolio, which looked out of date when Stephen Elop took over as the chief executive in September 2010.And while some dispute there is no room for a third replacement for Google and Apple, some developers and operators do see room for more competitors in this market.The 2012 Windows 8 upgrade could also attract a wider audience by making the way smartphones, tablets and PCs work more comparable.For investors, the greatest positive surprise could be an acquisition offer. After Nokia signed a deal with Microsoft, rumours of full takeover by Microsoft or at least purchase of smartphone unit have made rounds on a weekly basis.Last week the stock jumped 4% when Danske Bank suggested Microsoft could buy Nokia’s smartphone unit.But even if investors do not get a rich buyout – online gambling company Unibet is putting odds on Microsoft buying Nokia in 2012 at just 1 out of 15 – analysts say the company’s relatively-solid finances should at least offer some security.Nokia had €1.36 per share of cash at the end of the last quarter. It also has a formidable patent portfolio – on its own worth more than a euro per share – and owns top digital mapping firm Navteq and half of number two mobile network gear maker Nokia Siemens Networks.

Dynamic Wealth - About Author:
At the Dynamic Wealth Management Zurich, Switzerland, we realize that no two clients are the same. Every client has different financial needs, goals, and plans. For this reason, the DWM offers a wide array of investment options to suit every client. We tailor your investment strategy to be as individual as you are.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Business Articles Subscribe to RSS

Make waste management easy with skip bins
Published by Matthew Arthur on August 6th 2012 | Business
Waste, trash or garbage is needed to be disposed in a proper way. There are many reputed companies w...
Outsource stock management and order fulfillment to make your work easier
Published by Diego Hall on December 15th 2011 | Business
A business has many parts and taking car of each part single handedly is impossible, hence outsource...
Building management services- Setting up new relations
Published by Julia Roger on May 9th 2012 | Business
The owners corporation management services are taxed on profits and are permitted deductions for sal...
Contractor Expenses – effective cost management
Published by Crowin Smith on April 3rd 2012 | Business
Managing a business is a hard task when the world economy is not creating the right condition that f...
Versatile restaurant management systems available online
Published by Vem Call on May 24th 2012 | Business
In today's competitive hospitality market, meeting a customer's expectations is imperative in order ...
Spend analytics and Supplier relationship management at times of uncertainties
Published by Glenn Farrier on March 7th 2012 | Business
With globalization, businesses are spreading their presence all across the globe. This also brings w...
Zodiac Solutions Inc- Making effective management your criteria for growth
Published by Rahul on July 24th 2012 | Business
To help your organization’s success stay constant even in the times of economic slowdown, there ar...
Financial management of a small business
Published by Adam Walker on April 11th 2012 | Business
Small business owners tend to many times think that it is best to do all the work by themselves. Tha...
Mistakes to avoid while choosing property management North Shore companies
Published by Jack on August 15th 2012 | Business
Choosing the best property management North Shore company is not an easy task. Learning more about t...
Off-site records management is always a more secure option
Published by Nancy Deholla on January 13th 2012 | Business
Document and records management provided by an external source is the most secure option for busines...
Some advantages of the fulfilment houses and the stock management companies
Published by Diego Hall on January 9th 2012 | Business
A business can only be successful enough when it is dealt professionally in terms of stock managemen...
Efficient ship management - the biggest need of shipping business
Published by Saurabh Pandey on December 3rd 2011 | Business
If you are the owner of a ship then you might be looking for someone who can manage it so that you g...
Advantage of Joomla for a content management system
Published by Roney on February 7th 2012 | Business
Joomla hosting allows users to keep track of each part of the website content users are more or less...
Financial management of a festival production
Published by Adam Walker on April 11th 2012 | Business
Summer is coming up in Europe and the festival season is opening. This summer hundred thousands of p...
Biscuit 'big brother' - asset tracking saves time, money and the environment
Published by Netta Maistro on August 20th 2012 | Business
Whilst wandering through the aisles of your local supermarket, you're tracked by a silent host of CC...
A win-win situation for both an organisation as well as debt management companies by hiring a debt collector agency.
Published by Gabi William on March 27th 2012 | Business
We do all the hard work for you and approach each case very seriously - no matter what the size....
Strategic management of physicians’ day-to-day operational issues
Published by Jacob Thomas on November 29th 2011 | Business
Unlike physician practices of yesteryears, physician practices today have found themselves surrounde...
Why is management training so important
Published by Julia Roger on March 22nd 2012 | Business
Dancing Lion are leading providers of Management Training, Call and Contact Centre Training and Cust...
Handle all aspects of property with Dallas property management companies
Published by James Blee on June 9th 2012 | Business
Dallas property management companies are one of the reputed names in handling all aspects of propert...
The Katale Partnership are without question leading management consultants
Published by Julia Roger on March 23rd 2012 | Business
Are you looking to improve your business practices so that your business can function better as a wh...