Back to top

Press Releases

For Immediate Release

Chicago, IL – April 3, 2012 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Nokia Corp. (NOK - Analyst Report), China Telecom Corp. Ltd. (CHA - Snapshot Report), China Mobile Limited (CHL - Snapshot Report), China Unicom Limited (CHU - Analyst Report) and Apple Inc. (AAPL - Analyst Report).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:

Here are highlights from Monday’s Analyst Blog:

Nokia Lumia Enters Chinese Market

Nokia Corp. (NOK - Analyst Report) is set to launch their first Window-based smartphone, Lumia 800C, in the massively growing Chinese market. The new CDMA-based Lumia 800C handset is priced at $570 and is expected to be shipped from April, onwards.

The new Lumia 800C mobile phones will be sold through China Telecom Corp. Ltd. (CHA - Snapshot Report), the third largest telecom operator in the dragon empire. Moreover, Nokia plans to extend its Lumia product portfolio in China from the second quarter of fiscal 2012 with the addition of favorably priced Lumia 610C handset. Apart from China Telecom, Nokia will also start selling its Lumia series of smartphones from the other two big players of Chinese telecom industry, China Mobile Limited (CHL - Snapshot Report) and China Unicom Limited (CHU - Analyst Report) in the near future.

In 2011, China contributed 17% of total handset device sales for Nokia while on revenue wise; it is the second largest contributor after Europe. Earlier, in November last year, Nokia launched their first Windows-based smartphones called Nokia Lumia 800 and Nokia Lumia 710 in the European markets. At year-end 2011, the company sold more than 1 million handsets in those markets. However, the company is facing stiff competition from the newly launched Apple Inc.’s (AAPL - Analyst Report) latest iPhone 4S and Samsung Electronics’ Galaxy S2.

So in order to stay in the race, the company is shifting its focus to the emerging markets of India and China as both these countries are vastly populated and remain untapped. So in order to cash in on this opportunity, Nokia is continuously bringing new wireless devices to those regions, well supported by strong distribution network and presence of manufacturing units, hence providing cost advantage to the company.

Nokia is also planning to ship their first 4G-enabled Windows smartphone called Lumia 900 in the U.S. at an affordable price of $99.99 from the beginning of April, 2012. By the end of this year, the company also plans to launch their next-generation tablets based on the upcoming Windows 8 software. These new devices coupled with other product launches will certainly help the company gain market traction going forward.

Currently, Nokia has a Zacks #5 Rank, implying a short-term Strong Sell rating on the stock.

Based in Espoo, Finland, Nokia Corporation is the largest mobile phone maker of the world. The company also provides Internet services, comprehensive digital map information, and equipment, solutions and services throughout the world.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter:

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today:

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at

Visit for information about the performance numbers displayed in this press release.

Follow us on Twitter:

Join us on Facebook:

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339