Nokia's (NOK) Lumia Sales Show Promise, But That's It - Canaccord Genuity
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Strong Nokia (NOK) Lumia Sales are All Smoke and Mirrors - Analyst
November 29, 2012 11:36 AM ESTShares of Nokia (NYSE: NOK) have been on fire of late as early sales of Lumia are seemingly strong and investors sentiment is improving. However, one analyst is out today throwing cold water on the new-found enthusiasm.
Deutsche Bank analyst Kai Korschelt said recent press reports on Lumia stock-outs are "misleading." The firm's retail and industry research indicates these initial stock-outs are caused by limited device supply, rather than overwhelming... More
