Nokia stock down 15% following Windows Phone announcements

After Nokia announced its latest devices today, the Lumia 820 and 920, the company saw a stock drop of 15% (0.40) in trading.

The move for Nokia to announce new devices has been widely heralded as a risky move, and has been considered as critical for the company's continued existence, so the market is likely hesitant of the potential success of the devices, considering the upcoming iPhone launch on September 12.

It's also worth noting that many smartphone manufacturers see a similar drop when they make announcements of new devices.

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45 Comments

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Probably a good investment I'd say.

Anyone thinking Nokia are only going to have two devices is a bit silly. They aren't going to clog up their flagship announcement with cheap devices. Just like Samsung didn't with their Win8 devices.

LightEco said,
Maybe if they would have told us anything we didn't already know, the stock wouldn't have dropped so much.

You win ten internets.

Not for your comment, but because you said "would have" instead of "would of", and I was pretty sure the internet had long since gone full retard on that one.

still1 said,
Wp saving Nokia!!! lol.

Android taking Samsung down!!! lol.

Meh. This was fun, we should do this more often.

Once more I should tell you, Nokia will be just fine even if WP fails. Nokia is MUCH bigger than just a phone business, even IF WP will fade for a moment from smartphone market do you really think Nokia doesn't already have an backup plan? Oh god.

alwaysonacoffebreak said,

Android taking Samsung down!!! lol.

Meh. This was fun, we should do this more often.

Once more I should tell you, Nokia will be just fine even if WP fails. Nokia is MUCH bigger than just a phone business, even IF WP will fade for a moment from smartphone market do you really think Nokia doesn't already have an backup plan? Oh god.


when did Android take down Samsung?? when you claim something do it at least properly so that i cannot come back... if it was Motorola there then its at least true.

I will give you a facepalm there.

still1 said,

when did Android take down Samsung?? when you claim something do it at least properly so that i cannot come back... if it was Motorola there then its at least true.

I will give you a facepalm there.

My claims are currently tied to the market, Samsung is shifting more and more focus on Windows and Windows Phone, HTC is currently in a big mess themselves with Android, releasing also new Windows Phones and if those two shift their focus to something else than Andorid them I'm sorry to say Android has not much left to live on, they won't survive on Huawei...oh wait, Huawei is going to also shift focus on WP. Daaayum.

alwaysonacoffebreak said,

Android taking Samsung down!!! lol.

Meh. This was fun, we should do this more often.

Once more I should tell you, Nokia will be just fine even if WP fails. Nokia is MUCH bigger than just a phone business, even IF WP will fade for a moment from smartphone market do you really think Nokia doesn't already have an backup plan? Oh god.

One thing I should tell you. Samsung is much bigger than their phone business. Samsung will survive...Android is not and will never take Samsung down.

techbeck said,

One thing I should tell you. Samsung is much bigger than their phone business. Samsung will survive...Android is not and will never take Samsung down.

That was not meant like Android will take Samsung down as a whole business. That was an sarcastic response to his dumb comment. Samsung, however, will focus more and more on Windows.

alwaysonacoffebreak said,

That was not meant like Android will take Samsung down as a whole business. That was an sarcastic response to his dumb comment. Samsung, however, will focus more and more on Windows.

My bad. Maybe put /s next time. :-)

Depending on how well WP8 does depends on how much Samsung and others will focus on them.

alwaysonacoffebreak said,

My claims are currently tied to the market, Samsung is shifting more and more focus on Windows and Windows Phone, HTC is currently in a big mess themselves with Android, releasing also new Windows Phones and if those two shift their focus to something else than Andorid them I'm sorry to say Android has not much left to live on, they won't survive on Huawei...oh wait, Huawei is going to also shift focus on WP. Daaayum.


all those shifting is speculation and rumors!!! you living on rumors make me feel that you comments are not to be taken seriously!! dumb comments are dumb.

still1 said,

all those shifting is speculation and rumors!!! you living on rumors make me feel that you comments are not to be taken seriously!! dumb comments are dumb.

All your comments that Nokia is doomed are even less than speculations, they are just your opinions, dumb comment is just dumb.

alwaysonacoffebreak said,

All your comments that Nokia is doomed are even less than speculations, they are just your opinions, dumb comment is just dumb.


nope they are not speculation!!! you can see that in the last revenue!!
they are losing money.

still1 said,

nope they are not speculation!!! you can see that in the last revenue!!
they are losing money.

Actually no, Nokia-Siemens is doing pretty well, also Nokia's phone department is stabilizing pretty well from the WP sales, also "dumb-phones" are selling good even after they are decalred EOL. Don't argue over things you don't understand, you're just making a fool out of yourself.

You can't take in account year-to-year revenue after a big shift like from Symbian to WP, you need to look at the Q-to-Q results to see how it's affecting them.

alwaysonacoffebreak said,

That was not meant like Android will take Samsung down as a whole business. That was an sarcastic response to his dumb comment. Samsung, however, will focus more and more on Windows.

And your assumption is based on? A Samsung CEO statement? An official announcement or what? I read these rumors as well but they are just rumors......

alwaysonacoffebreak said,

My claims are currently tied to the market, Samsung is shifting more and more focus on Windows and Windows Phone, HTC is currently in a big mess themselves with Android, releasing also new Windows Phones and if those two shift their focus to something else than Andorid them I'm sorry to say Android has not much left to live on, they won't survive on Huawei...oh wait, Huawei is going to also shift focus on WP. Daaayum.


Samsung is not shifting focus to Windows Phone, they simply said they will make more of them than before. Most times Sasmmie only had 3 models at most.

HTC was teh biggest seller of Windows based devices. Theer numbers also have dropped after the Touch Pro issues. I loved thephone itself and Windows Mobile 6.5, but the frikkin hardware using a 528Mhz CPU was sad and the phone was so slow it was just impossible to use. That is why MS dicatated hardware requirements to prevent the iuse of crappy hardware in devices with their logo on it. Just like with PC OEM's.

Time to jump ship! Guess it's time to start selling myself short and buy some cheap Android junk.


Oh, wait. Troll article is trollololo... This happened to Apple too.

Dot Matrix said,
Time to jump ship! Guess it's time to start selling myself short and buy some cheap Android junk.


Oh, wait. Troll article is trollololo... This happened to Apple too.

Ego defence mode engage!

lol

Eh? Sorry Owen but this article is simply a troll.

Apple's stock drop when the iPhone was released. Big deal...

Tom said,
Eh? Sorry Owen but this article is simply a troll.

Apple's stock drop when the iPhone was released. Big deal...


FWIW, most sites report on this kind of reaction by the market.

Owen W said,

FWIW, most sites report on this kind of reaction by the market.

But this isn't reaction by the market, as Shyatic said:

"This is not even news... the trading day started 2 hours ago, and on a stock this small there's fluctuation midday."

spy beef said,
The future of Nokia seems too uncertain; I will not be investing in a 920.

Uncertain in what regard? The company is at about equal validation, they're worth as much as their assets, not vastly overrated and their outlook is improving after their massive re-organization. I for one will buy the 920 the second its out, knowing full well MS will be around to support the 18+ product cycle and Nokia isn't going anywhere without a fight.

spy beef said,
The future of Nokia seems too uncertain; I will not be investing in a 920.

The only reason why I won't be investing in an 920 is because my contract doesn't run out until October next year. You need to give a better reason not to buy a 920. The company isn't dying, and I can't see a reason why you'd think that.

This is not even news... the trading day started 2 hours ago, and on a stock this small there's fluctuation midday.

Please don't try to be a finance site, even those guys suck at it, you are even worse.

Shyatic said,
This is not even news... the trading day started 2 hours ago, and on a stock this small there's fluctuation midday.

Please don't try to be a finance site, even those guys suck at it, you are even worse.


News enough that I heard it on national TV right now.

It was a slight disappointment that they only have phones greater than or equal to 4.3", as my fiance needs a smaller phone.

However, almost all companies take a stock hit following big announcements because they can rarely live up to the hype, specifically when there are leaks ahead of the event to spoil it all.

This is the problem. There just isn't enough diversity in their line-up and indeed with WP itself. The Android ecosystem is a lot more diverse, from the super-budget to bleeding-edge; micro-phones to mini-tablets.

The entire company is riding on this product launch and Nokia cannot afford to get it wrong.

theyarecomingforyou said,
This is the problem. There just isn't enough diversity in their line-up and indeed with WP itself. The Android ecosystem is a lot more diverse, from the super-budget to bleeding-edge; micro-phones to mini-tablets.

The entire company is riding on this product launch and Nokia cannot afford to get it wrong.

Here is the thing, they did get it wrong -- no price and ship date.

theyarecomingforyou said,
This is the problem. There just isn't enough diversity in their line-up and indeed with WP itself. The Android ecosystem is a lot more diverse, from the super-budget to bleeding-edge; micro-phones to mini-tablets.

The entire company is riding on this product launch and Nokia cannot afford to get it wrong.

How is little diversity a problem? Apple doesn't have any cheap, budget junk clogging up the market, and they're doing fine.

Dot Matrix said,

How is little diversity a problem? Apple doesn't have any cheap, budget junk clogging up the market, and they're doing fine.

Oh come on. Are you really comparing Nokia to Apple? Nokia doesn't have Apple's brand power, supply chain, or devoted followers.

simplezz said,

Oh come on. Are you really comparing Nokia to Apple? Nokia doesn't have Apple's brand power, supply chain, or devoted followers.

Huh... Wow are you way out the. Nokia definitely does, just in a different age segment.

simplezz said,

Oh come on. Are you really comparing Nokia to Apple? Nokia doesn't have Apple's brand power, supply chain, or devoted followers.

You seem really defensive today with your comments. Did Nokia/Microsoft hurt your dog or something?

theyarecomingforyou said,
This is the problem. There just isn't enough diversity in their line-up and indeed with WP itself. The Android ecosystem is a lot more diverse, from the super-budget to bleeding-edge; micro-phones to mini-tablets.

I personally would rather have just a small number of phones, and this would likely lead to a more stable ecosystem as a result. It also means that the manufacturer can put more effort into making them, as well as supporting them.

This is why Apple can usually get its phones right. Throwing paint onto the wall to find out what sticks rarely leads to stability, which is why it tends to be only the bleeding edge phones that get any updates with Android.

theyarecomingforyou said,
The entire company is riding on this product launch and Nokia cannot afford to get it wrong.
Yep. Hopefully the phones don't suck. I am happy to see the large battery in the 920, but I am annoyed with this constant push across the industry to get bigger screens (even Apple is apparently getting in on it, but with the much more modest 4" screen that I prefer: 4" - 4.3" is my favorite range). I already own a tablet. I want a smartphone that easily fits in my pocket.