Nokia Corp. (NOK) Message Board

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Technology Stocks : Nokia Corp. (NOK)

NOK 6.835

-1.1%

Nov 7 9:30 AM EST

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To: Eric L who wrote (8942)	8/21/2013 8:40:33 AM
From: sylvester80	Read Replies (1) of 9255

Nokia is not about to field a range of low end smartphones powered by MediaTek processors running Android 2.x Gingerbread OS like its Indian or Shenzhen competitors that produce 'cheap' (not just inexpensive) branded or whitebox smartphones that retail at $55 to $95 collectively selling in very large quantities at little, no, or negative profit. Lumia 520 down to $79 to $99. ASP's getting crashed. So they are already doing that. But at pathetic volumes than what Nokia was used to even just 2 years ago. And at that price they are even under cutting their own Asha phones. BTW, those no name whitebox smartphones for $55 (???) to $95 worth as much as crap. But a brand name like Nokia selling a $99 phone in that market is worth gold.

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