06-21-2013 11:23 AM
34 12
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  1. Lundon44's Avatar
    Ok.. So I've never seen NOK shares spike up $0.36 (or 10%) in an instant..

    I'm not complaining but why??
    Last edited by Lundon44; 06-18-2013 at 12:34 PM.
    06-18-2013 12:13 PM
  2. martinmc78's Avatar
    Might be pumping it up due to Samsung's upcoming event. Maybe a leak has gone out that they aren't providing another WP8 device leaving nokia as dominant OEM?


    Pure speculation of course
    06-18-2013 12:18 PM
  3. Lundon44's Avatar
    Might be pumping it up due to Samsung's upcoming event. Maybe a leak has gone out that they aren't providing another WP8 device leaving nokia as dominant OEM?


    Pure speculation of course
    I know they are announcing devices from both the galaxy and ativ line up so I'd be surprised if nothing WP was in there.. EOS has been leaked for a while now so I can't see it being that.. I read today Nokia is testing devices with the Snapdragon 800 but doubt that would push the stock up.
    06-18-2013 12:26 PM
  4. Booston's Avatar
    Ok.. So I've never seen NOK shares spike up $0.36 (or 10%) in an instant..

    I'm not complaining but why??
    rumor of a possible buyout from a Chinese company... Hope not.
    06-18-2013 12:31 PM
  5. Lundon44's Avatar
    Nevermind.. I just found out that Huawei has commented to being "open" to buying Nokia. Not sure if this would be a good thing or not though... The brand of Huawei devices in my opinion have never been appealing.
    06-18-2013 12:33 PM
  6. martinmc78's Avatar
    Actually I swear I saw this morning something about a company selling its stake in nokia.
    06-18-2013 12:36 PM
  7. sandysan's Avatar
    Nevermind.. I just found out that Huawei has commented to being "open" to buying Nokia. Not sure if this would be a good thing or not though... The brand of Huawei devices in my opinion have never been appealing.
    they also has less than complimentary things to say about wp8 ( specifically the low market share and licencing fees). I've used their comet ( a low end android phone) and their 4G mobile hotspot which has some good aspects and some bad.
    06-18-2013 12:49 PM
  8. Booston's Avatar
    Actually I swear I saw this morning something about a company selling its stake in nokia.
    Siemens is shopping around their portion of their partnership with Nokia
    06-18-2013 01:27 PM
  9. Lundon44's Avatar
    So would a Huawei buyout result in good or bad news for us shareholders?
    06-18-2013 01:33 PM
  10. rahul4aug's Avatar
    no no no no!!! this would be very very bad.
    06-18-2013 01:38 PM
  11. anon(5335899)'s Avatar
    If this happens WP is dead
    06-18-2013 01:41 PM
  12. Letros's Avatar
    I'd cry, not really, but yea, that'd suck. If MS didn't stop the aquisition, they would probably release the Surface Phone.
    06-18-2013 01:44 PM
  13. 12Danny123's Avatar
    likely MS will out bid them
    06-18-2013 01:48 PM
  14. anon(5335899)'s Avatar
    I could see MSFT move here actually. Always expected them to do so and IMO they should.

    Huawei would use Nokia tech in CrapDroid phones and kill off the Nokia hardware.
    alaskanjackson likes this.
    06-18-2013 01:51 PM
  15. Lundon44's Avatar
    no no no no!!! this would be very very bad.
    I thought so.. Ugh...
    06-18-2013 01:56 PM
  16. gsquared's Avatar
    Siemens is shopping around their portion of their partnership with Nokia
    This is the likely cause. That or short-covering. Not sure, Blackberry is also up with both having very heavy volume. Something is afoot...
    06-18-2013 02:07 PM
  17. Bkr11's Avatar
    likely MS will out bid them
    *This* (I would hope)
    06-18-2013 02:09 PM
  18. EchoRedux's Avatar
    Nokia's market cap is like 50 times what Huawei's is. How could Huawei ever dream of buying out Nokia at their current position?
    06-18-2013 02:17 PM
  19. raul_junior's Avatar
    06-18-2013 02:20 PM
  20. Bkr11's Avatar
    Pretty sure Huawei is more substantial than you are giving them credit for. One of the largest tech companies in all of China. I didn't spend time trying to find the right quote on Yahoo finance, but Wikipedia is stating $217B CNY of revenue in 2012, which is about $35B USD. More profitable than NOK (they are profitable), so it's not beyond consideration.
    06-18-2013 02:24 PM
  21. Lundon44's Avatar
    I just can't imagine this buy out happening. And I can imagine the reactions being more negative than positive.
    06-18-2013 02:35 PM
  22. EchoRedux's Avatar
    It's not happening, Huawei doesn't have the cash. The spike actually corrected and Nokia is only up 4.8%, which means Nokia is where it was trading about a month ago. Blackberry is up by about the same amount. Basically a lot of people are buying options thinking that there's a ton a growth potential in those two companies which are trading at a discount.
    06-18-2013 02:46 PM
  23. cgk's Avatar
    Just so people know what was said (this is behind a paywall):




    Huawei would consider buying Nokia to help it become the world’s leading smartphone maker, according to the head of the Chinese telecom group’s consumer business.
    “We are considering these sorts of acquisitions; maybe the combination has some synergies but depends on the willingness of Nokia. We are open-minded,” said Richard Yu, chairman of Huawei’s consumer business group, ahead of a glitzy launch of its latest premium smartphone, the Ascend P6, in London.



    Mr Yu predicted that the smartphone market would consolidate to about three or four companies – and warned that Microsoft’s Windows phone platform used by Nokia as well as Huawei was “weak”. Huawei has mostly adopted Google’s Android operating system for its smartphones.
    “Whether Windows Phone [will be] successful is difficult to say – it has a very small market share. [Windows Phones] are weak but still require a licence fee. That’s not good. Android is free.”

    Huawei open to Nokia deal but says Windows mobile remains weak - FT.com
    06-18-2013 02:52 PM
  24. theefman's Avatar
    I just can't imagine this buy out happening. And I can imagine the reactions being more negative than positive.
    I think the reaction would be positive, from the financial sector at least and definitely from former Symbian users now on android. Nokia would obviously switch to android and who knows what would happen. They dont have to overtake Samsung right away but they would probably be right up with the second best, HTC. And with no financial worries and an open, mature OS they would be able to innovate faster than they could on WP. Cant see how that is negative for Nokia, for WP obviously it would be but it might work out very well for Nokia.
    a5cent likes this.
    06-18-2013 03:14 PM
  25. cgk's Avatar
    If Nokia were taken over and moved to being an Android house - WP would be effectively dead unless Microsoft stepped in and because a mobile OEM themselves.
    06-18-2013 04:08 PM
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