This week’s mobility market buzz is almost overwhelming in “wow” potential:
The Lumiae reception got the most media notice, mainly because Nokia’s share prices dropped as analysts expressed a lack of “wow” factor. Apparently, the new phones are nothing more than colorful, functionally-capable communications devices with improved OS, apps software, camera, and more. There are only about 100,000 apps available. Massive disappointment ensued. Sarcasm aside, what truly fed analysts’ disappointment with the Lumiati and its parent firms was the business basics, i.e., no rollout timetable, no pricing, no Win8 demo, and what really came across in the calls I attended as an ongoing disconnect between MSFT and Nokia in terms of information sharing. They come across as one not really knowing what the other is going to say, and there is a tendency for one to rely on the other to fill in important blanks, leaving leaders on both sides to deliver disappointing “we’ll get to that” statements. That seeming lack of business competency/vision is what really drove investors to push prices down – but every blog post and media report leads with “disappointment” in the phones’ “Wow” factor.
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