Nokia Corp. (NOK) Message Board

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Technology Stocks : Nokia Corp. (NOK)

NOK 6.970

+2.0%

3:59 PM EST

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To: Eric L who wrote (8385)	1/26/2013 9:33:37 PM
From: tinaqm	2 Recommendations Read Replies (1) of 9255

<"People sometimes forget that China has an extremely flush upper tier population and the segment of its population that can justify the TCO of high end subsidized Lumias is probably as large people wise (as opposed to percentage wise) as the equivalent population of Europe. That is a big market and one Samsung Nokia and Apple will all be chasing even as Huawei and ZTE move their Android and/or Windows Phone ranges upstream."> Absolutely! Such segment is very sensitive to the fashion trend (as matter of fact, the whole Asian high end market seems more or less "fashion driven" IMHO). One can't underestimate publicity on either upside or downside. iPhone 5 lost quite a bit its majestic attraction there compared with its predecessors already. Any further erosion can't be a good news - or at least reduce its negotiation power over China Mobile. Not sure Apple can afford "lower end" iPhone in China market, which could further dilute its social status/brand, unless Apple wants to change its current business model. Sorry for OT on NOK board. But, it may have effects on the whole mobile market including Nok's.

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