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Technology Stocks : NOK... without the BS
NOK 7.105+3.0%9:51 AM EST

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To: Tumbleweed who wrote (494)9/8/2012 12:38:01 PM
From: Lahcim Leinad   of 580
 
I would not call it positive. I would call it realistic. And I agree, 100%.
It's about individual buying decisions

I left New York convinced that Nokia is a real competitor once again; it's got excellent products in the pipeline. The new Lumia 820 was neglected and barely got 30 seconds of time in the hour-long presentation, but it has most of the 920's appeal plus two features Nokia loyalists have been asked to lose in the iPhone world era: the removable battery and removable media. It's smaller and more pocket-friendly. If you don't like the garish colours, you will be able to find a third-party case that suits you.

If Nokia can't shift bucketloads of the new Lumias, I thought, then it really should go back to selling rubber boots. But it isn't that simple - because of the complex buying psychology I've mentioned above. The 'unique features' must be seen, and the risk factor of leaping to a new platform with no users must be addressed.

But I'm wary of any critical discourse which omits the individual making sensible and thoughtful choices. Reports this week are full of 'platform wars' implying some inevitability to the outcome. It's behaviourist thinking. It's not only lazy, but it underestimates us, the punters. Major shifts in the market are nothing more than the aggregate of millions of individual buying decisions.

I certainly didn't expect to write any of the above on Monday this week, but as Keynes may (or may not) have said: "When the facts change, I change my mind". I decline to give odds either way; I'm not in the prognostication business. But I merely point out that there is nothing 'inevitable' about the outcome of the smartphone market, and as long as Nokia has cash in the bank and can make standout products – which it has started to do again – there could be some surprises yet.
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