Sunday, November 27, 2011

Nokia Lumia 800 sold out in U.K. despite rumors of weak demand

Nokia’s stock took a hit this week as Pacific Crest analyst�James Faucette cut his sales forecast for Nokia’s first two Microsoft-powered smartphones. Having initially estimated that fourth-quarter sales of Nokia’s Windows Phones would approach 2 million units, the analyst dropped his expectations to just 500,000 devices, saying early checks indicated lower than expected sell-through.�Bernstein Research analyst Pierre Ferragu piled on, writing in a note this week that�Nokia’s new phones offer no “breakthrough innovation” or price advantage that might draw attention away from the competition. Just one day after Faucette shared his new estimates, however,�Nokia confirmed that its hotly anticipated Lumia 800 smartphone has been a big seller across the United�Kingdom. Read on for more. “Lumia 800 sales in the U.K.

Source: http://www.bgr.com/2011/11/24/nokia-lumia-800-sold-out-in-u-k-despite-rumors-of-weak-demand/

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