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Buy Nokia: Samsung's WP8 Launch Is A Good News For Nokia

The market saw the first major reaction to the Samsung (SSNLF.PK) vs. Apple (AAPL) verdict, from none other than Samsung itself.

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PRLog (Press Release) - Aug. 31, 2012 - The market saw the first major reaction to the Samsung (SSNLF.PK) vs. Apple (AAPL) verdict, from none other than Samsung itself. The tech giant shocked the market with the announcement of the ATIV S, the first WP8 smartphone. The news came as a shock to Nokia (NOK) investors who were banking on the Lumia to be the first WP8 smartphone.

The ramifications of the Apple vs. Samsung case are still being discussed and analyzed. There might be a difference of opinion on the possible after effects, but the significance of this event is agreed upon by all. Other than the obvious winner being Apple, a few other companies have also gained from this verdict. A couple of big winners are Nokia and Microsoft (MSFT). These two might be the world's most recognized brand names, and their products have been dominating the market for many a year.

We had given a hold rating for Nokia in our previous analysis. The primary factors behind the rating at that time were the uncertainties about access to the WP8, and the close proximity of the market price with our estimates of the patent price per share. Nokia will be launching its first WP8 phone next week. Samsung has already scrambled to get access to Windows, which is a testament to the manufacturer's interest in a rival platform, which will preferably take them to the consumer and not the courtroom.

Source URL: http://seekingalpha.com/article/838891-buy-nokia-samsung-...

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Source:Qineqt
Country:United States
Industry:investment professionals
Tags:new for nokia, samsung wp8,
Shortcut:http://prlog.org/11963865
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