Microsoft will not buy Nokia smart phone business

Tuesday 10 January 2012

Nomura Securities analyst Stuart Jeffrey Stuart Jeffrey on Thursday said that Microsoft microblogging will not buy Nokia microblogging smart phone business. Earlier rumors said that Nokia is about intelligent machines on a definitive agreement to sell the business with Microsoft.

Nokia shares rose 46 cents to $ 5.54, or 9% on Thursday. Nokia mobile phone business was influenced by the rumors of the sale, The Credit Suisse analyst Kulbinder Garcha was rating on Nokia shares to "Outperform".

Russian mobile website Mobile Review editor Eldar Motta gold Eldar Murtazin said on Twitter yesterday, Nokia CEO Stephen Elop will meet Microsoft CEO Steve Ballmer, and the "Nokia smart phone department will have a definitive agreement about selling."

However, Jeffrey did not think so, he wrote a report to the customer and said: "We do not know whether the rumors are true or not, Nokia does not rule out the possibility of a deal with Microsoft, but we did not find a dealing evidence on both sides manifestly. if they really reached a deal, I would be surprised. "

Jeffrey said the a potential deal of two sides may be due to Microsoft to emulate Apple in hardware, software and services for vertical integration. In addition, it is difficult to find other reasons for the deal. For example, he said, Hewlett-Packard microblogging wanted to buy Palm to integrate, but failed. As for Google's acquisition of Motorola microblogging mobile, Jeffrey believes that the relative integration of Google pay more attention to the patent.

Jeffrey also cited a lot of reasons that did not buy microsoft's acquisition of Nokia's smart phones, of which one is that alienate relationships of Microsoft and other hardware manufacturer.

Jeffrey is expected the price of Nokia smart phone business out in 6 to 7 billion U.S. dollars, which means that Nokia has 10 percent of the smart phone market share, the average price per phone $ 200, EBIT profit 9%;

"If Nokia sold for intelligent machine business to 6 to 7 billion U.S. dollars, which was not only loss of its credibility, but also it will impede the function of mobile phone unit and its chances of future success." Jeffrey says.

Jeffrey maintain Nokia shares "neutral" rating and price target is 4.10. Helsinki Stock Exchange common stock trading on Thursday's, Nokia shares rose to 4.16 euros, or 7%.

0 comments:

Post a Comment

 
© Copyright 2010-2011 PC TACTICS All Rights Reserved.
Template Design by Vinod Kumar | Published by Team Vinod | Powered by Blogger.com.