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Re: Let's talk Nokia stock!
Cutting R&D is the only way. NOkia can't cover the loses and from a stock perspective and short term its the way to go. Nokia don't have maemo meego and leaving Symbian behind. The R&D at nokia is way to expensive for Nokia's new costume. Add to that the they get the OS from Microsoft and more staff needs to leave. Nokia simply not need that much people since nokia will not be that the big anymore. You can't live in the past when your income and sales generated more money. So from my perspective its the way. Cut hard and fast. And when the company can afford it expand, do it.
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Re: Let's talk Nokia stock!
Nokia cutting R&D to survive is like General Motors cutting off its ability to develop new car models and selling rebadged Hyundai to survive. Nokia may survive but as a shadow of its former self selling phones designed by others that it has no control over.
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You know you can't go on with the costs of all the things you have today?? |
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Nokia is not a software company. They can not compete with more competitive companies. They were fine when nobody cared about Taliban phones, but as soon as money was to be made, big boys came in and whipped Nokia and exposed Nokia for what it is not. Nokia is not a software company.
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