Motley Fool Money: 03.30.2012
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 30 March 2012
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:16.0 | From Fool Global Headquarters, this is Motley Fool Money. |
| 0:19.4 | Welcome to Motley Fool Money. Thanks for being here. I'm your host, Chris Hill, and joining |
| 0:22.3 | me in studio this week for Motley Fool Pro, Jeff Fisher, Motley Fool Stock Advisor, Jason |
| 0:26.5 | Moser, and for Million Dollar Portfolio, Charlie Travers. |
| 0:29.8 | Good to see you guys. Hey, Chris. We've got the latest on Apple and Foxconn. We've got |
| 0:34.1 | Robert Schiller, one of the giants of the financial world as our guest this week. And as always, |
| 0:39.2 | we've got a few stocks on our radar. But we begin with mobile. Guys, a lot going on in |
| 0:44.2 | the mobile phone industry this week. Let's start with Nokia. Next week, Nokia is launching |
| 0:49.5 | its first ever smartphone in China. The Lumia smartphone will run Microsoft Windows. It's |
| 0:54.4 | going to sell for around 3,600 yuan. Charlie, that's about $570 US. Is this going to help? |
| 1:01.6 | Is this going to turn things around for Nokia? I'm cautiously optimistic, Chris, because |
| 1:06.2 | China is actually Nokia's largest market and has been for quite some time. They sold 65 |
| 1:11.6 | million devices in China last year at a count of for 15% of their total revenue. So the Lumia |
| 1:17.0 | 800C is their first Windows phone in China. Previously, they'd been selling feature phones |
| 1:24.1 | with their symbion operating system. So this new Lumia with China Telecom is an important |
| 1:29.7 | step for them to get to these higher price point phones versus the lower price point feature |
| 1:34.9 | phones they were selling previously where they didn't make a whole lot of money. In Q2, |
| 1:38.6 | they are going to roll out a cheaper phone because as you mentioned, the $570 price point |
| 1:43.5 | might be a little bit high. The Lumia 600 next quarter will be more competitively priced |
| 1:48.4 | with the Android devices and we'll see what happens. Jason, what do you think? I mean, |
| 1:52.8 | Charlie mentioned the price tag and certainly that's a major difference in China versus |
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