Nokia revealed recently that it has completed migration to Android 12 and if any smartphone hasn’t received the OS, won’t be getting it in the future. The announcement was followed by a confirmation of which devices are first in line for Android 13.

The list includes five devices - Nokia X10 and Nokia X20, Nokia XR20, Nokia G50, and Nokia G11 Plus, all of them on the cheaper side of the price spectrum.

Nokia X20 • Nokia X10 • Nokia XR20 • Nokia G50 • Nokia G11 Plus

The trio of new smartphones, C31, G60 5G, and X30 5G, announced back in September at IFA 2022 in Berlin, are not on the list, but that's because the last two aren't yet available in the China. The company already confirmed their update plans and Android 13 is definitely coming.

The other five Nokia phones confirmed today meet the Android Enterprise Recommended requirements, which are business-oriented, such as bulk deployment with zero-touch enrollment, quick Android security updates (within 90 days of release from Google), physical availability of enough units, and “consistent application experience”.

Via (in Chinese)

Nokia announced that Balitower, a leading provider of telecommunication tower and network infrastructure in Indonesia, will use Nokia WiFi Beacon 2 to provide high-speed internet to home users under a three-year frame contract. 

The project marks the first deployment of a mesh Wi-Fi 6 solution in Indonesia. Nokia's Beacon 2 will allow the end users to enjoy high-speed internet throughout the premises and easily deploy and manage the Wi-Fi network through a mobile application.

Nokia WiFi Beacon 2 will allow Balitower to provide the end users with an intelligent, self-organizing and self-healing mesh system equipped with Wi-Fi management capabilities in the cloud. Nokia Beacon supports Wi-Fi 6, with higher speeds and lower latency, and enables Balitower to provide a consistently superior experience in every corner of the home.

Balitower is already using Nokia fiber access nodes, fiber modems and WiFi Beacon 1 to provide in-home Wi-Fi to its customers. The new deployment will enable extended coverage and enhance the end-user experience by delivering an intelligent mesh Wi-Fi 6 solution for homes.

The N-Gage wasn't exactly the worst Nokia phone, but for a communications device with dedicated gaming hardware, it wasn't such a stellar attempt either. One of the biggest complaints was the N-Gage's bulky form factor, which had already been an issue since its pre-production unveiling. Another gripe involved Nokia's odd design decisions, which required users to dismantle the N-Gage's back cover and battery every time they wanted to swap in another game. For a phone that was meant to be a handheld gaming device, it didn't help that the N-Gage utilized cellphone-like buttons that were "mushy," along with a tiny 2.1-inch display in portrait orientation (via Phone Arena). This made the real gaming experience cumbersome.

Meanwhile, using it for phone calls felt awkward given its unusual taco-like shape. Now, outrageous design aesthetics are still one of the most prevalent compromises in gaming phones, but during the N-Gage's release, it was a social stigma that was even more palpable. Nokia's first gaming phone attempt didn't offer the best experience as either a cellphone or a dedicated portable gaming console in the first place. Then there are the N-Gage games, which consisted of fewer titles than those in the massive games library of Nintendo's cheaper alternative (via IGN). That's not to say it was inferior though, as the N-Gage's features were ahead of its time, even making wireless portable gaming possible courtesy of Bluetooth. Unfortunately, not everyone was ready for it just yet.

Everyone’s wondering where Nokia has been in the premium smartphone market. This company sits along with the likes of Motorola, Blackberry, LG, and other phone companies that are way past their prime or not making phones anymore. Regardless, Nokia confirmed that five of its smartphones are going to be getting Android 13 (via GSM Arena).

Nokia’s most premium phones right now are far removed from the current premium smartphones from the likes of Google, Samsung, Apple, and others. These are true-to-form mid-range phones, but that’s what makes them compelling for average consumers. While the hardware is subdued, Nokia does not want them to fall behind in terms of software.

The five phones on this list are on the cheaper side. First off, we have the Nokia X20. This phone will set you back $496 on Amazon. It has a decent 6.67-inch display with a 1080 x 2400 pixel resolution, a maximum of 8GB of RAM, a maximum of 128GB of storage, a 64-megapixel main camera, and a decent 4470mAh battery.

The only downside will be the processor. This is using a Snapdragon 485 G.

Next up, we have Nokia X10 this is a step down from the X20 with a maximum of 6GB of RAM, but it has the same 6.67-inch 1080p+ screen, battery capacity, and the same Snapdragon 480 5G SoC. Aside from the RAM, the camera also sees a drop. We’re looking at a 48-megapixel camera.

Third, we have the Nokia XR20. It has the same 6.67-inch 1080 x 2400 display, the same maximum of 6GB of RAM, and the same Snapdragon 480 5G SoC. It has a slightly smaller 4630mAh battery and a 48-megapixel main camera.

Moving further down the line, we have the Nokia G50. This is the first phone on the list that we see with a drop in display resolution (6.82-inch, 720 x 1560).

It caps out at 6GB of RAM, but it has the biggest battery out of the bunch, a 5000mAh battery. That’s about the average size for flagship smartphones. As for the processor, it still uses the Snapdragon 480 5G SoC.

Last but not least, we have the Nokia G11 Plus. The display is ever so slightly more pixel-dense than the Nokia G50. It’s a 6.52-inch display with a resolution of 720 by 1600. The camera got a slight bump up to 50 megapixels, however the RAM caps out at 4GB. There’s a 5000mAh battery.

We don’t know exactly when these Nokia phones will get Android 13, but it shouldn’t be too long.

Nokia (NYSE:NOK)(OTCPK:NOKBF) is a cellular network infrastructure provider focusing on next-generation communication. It also has a consumer division of other commodity-based electronics. After surviving its Microsoft takeover, it emerged as a potential industry leader. However, this company has some drawbacks, including the need for more exciting messaging for leading industry-competitive products.

Recent Fundamental Strength with Unclear Direction

Ratios

Nokia has grown very little over the last five years but has strengthened significantly since 2019. As a result, current and quick ratios have risen slightly in the previous three years.

Source: Financial Modelling Prep

Growth

It seems 2020 was not kind to Nokia as significant losses were taken for net income growth and revenue growth. One concern is how long it will take Nokia to recover from this underperforming year.

Source: Financial Modelling Prep

Data

As one can compare Nokia against other companies, it has performed relatively well with minimal losses over the last 200 working days according to its simple moving average. One encouraging sign is how it has strengthened over the previous 20 days as the stock market seems to recover.

Source: FinViz

Enterprise

Nokia's stock price seems to have declined and then recovered since the low point of 2019. At the same time, market capitalization has grown over 20 plus percent in approximately year over a year.

Source: Financial Modelling Prep

Estimate

Nokia's revenue between 2022 and 2025 appears to grow by 35% approximately. Earnings price per share may double over the same time. These are encouraging signs based on the network infrastructure product Nokia offers. They offer some competitive advantage by focusing on 5G advanced and 6G network products.

Source: BusinessInsider

Technical Analysis Indicates Short Lived Upswing

Fibonacci

In terms of initiating market orders for Nokia, it appears they are very close if one wants to take advantage of any upcoming momentum in this stock price. Nokia, over last year, has had a quick, short-lived spike but dropped back in February.

Bollinger Bonds

As for the current stock price of Nokia, the upper band of the Bollinger was able to stay ahead of the price action. This may indicate that momentum is very short-lived.

MACD

When any investor views the compressed price line of MACD, it is pretty rangebound but minimizes any collapse in the stock price this year. However, many companies did suffer from this, which shows the tight management control Nokia appears to have. On the upside, Nokia is not precisely participating in sexy product lines like it once did when making cellular phone handsets.

RSI

As with the current relative strength indicator, Nokia's latest price action might not have room to increase the stock price; however, as said earlier, it appears there's not enough momentum for this to be achieved, so it will continue to be rangebound as it has been since early last year.

Prediction via AI

Monte Carlo

One encouraging sign for Nokia is that predictive paths generated from this Monte Carlos simulation show higher potential for stock price upswings. Even better, the normalized distribution overwhelmingly shows higher stock price potential, which is encouraging.

Regression

Despite what the normalized distribution chart shows, the forecasted 30-day regression price line indicates Nokia will have a subdued stock price outlook.

Risky Selling Recommendation for This

Insider Stats

As usual, it is beneficial to see how their executives feel about the future of Nokia’s stock price. As one can see, for November, some are selling off stock which is not encouraging for Nokia. This helps hint at the future direction of the stock price despite other contradicting analyses.

Insider Activity

Source: BusinessInsider

Recommendation

Based on other market analysts, there is a strong recommendation for selling. When you overlay this and what executive insider activity shows, it only hints that Nokia can expect downward momentum.

Source: Trading View

Sustainability

If Nokia could boost its stock price over the long run, it is wise for the company to focus on raising its sustainability rating. This could deliver Nokia a competitive edge over Asian-based competition as large institutional investors could be compelled to invest in Nokia.

Source: Yahoo Finance

Conclusion

Based on the lackluster product line, Nokia will need to focus on higher profile products to garner attention as it once did with its cellular handsets. Also, Nokia should focus on market messaging to explain its competitive advantage over other players in the same space. As it stands, few market analysts are watching this stock, and there is little momentum in the stock price. It is encouraging to see guidance estimates showing some decent growth, but more is needed to boost the stock price. In summary, it might be wise to put Nokia on hold until certain competitive advantages are established.

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According to Pombukhchan, two applications were sent to European regulators, while another two were submitted to a U.S. regulator. He added that one of the applications had already been accepted.

Read also: Finnish energy company Fortum still buying Russian uranium fuel to power its nuclear reactors

At the same time, he confirmed that Nokia does not plan to return to the Russian market but wants to complete contractual obligations and supply equipment.

The share of Nokia equipment in the Russian market is 20-25%. All major telecom operators use the company’s equipment.

Read also: Over 1,000 major companies have left Russia, Yale study shows

After Russia had launched its full-scale invasion of Ukraine, the Finnish company announced it would cease all supplies to Russia and would gradually reduce its business there.

Nokia’s Russian legal entities will reportedly be liquidated as the company’s obligations to clients are completed. It may take about a year after obtaining export licenses.

According to RBC, Nokia also recommended that its customers contact Russia’s Telesistemy Servis LLC for technical support of its equipment installed by mobile operators. Part of the employees of Nokia’s Russian entities will continue to work in this company.

Read also: Finnish ATM chain stops accepting UnionPay cards after ‘devastating’ influx of Russians

According to an investigation conducted by The New York Times, Nokia helped the Russian authorities create a wiretapping system for phone calls, as well as intercepting messages and tracking other Internet communications.

Read the original article on The New Voice of Ukraine

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ANI / Updated: Dec 4, 2022, 06:00 IST

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