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Re: Let's talk Nokia stock!
Well Fire elop would be fun, but that force a much bigger and harder question. What To do then, i think that means more or less death so they are trying with windows and elop two more years and I Do T Blame Them In The Current Situation.
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Re: Let's talk Nokia stock!
Generally speaking, if the owners was looking to throw the board, they'd likely not do it on an general meeting, but at an extraordinary general meeting.
The new chairman is prepared and groomed to work with Elop, for a board takeover, they'd most likely bring in someone new who was preinformed. I guess a safer plan is for the owners to bully the board into firing Elop. Or letting Elop talk more in public. |
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As for why NYSE:NOK went up a few cents yesterday this could be speculators buying in the hope that Elop will be sacked soon. When it is clear that this isn't going to happen NOK will crash to $1.50. Those betting Nokia's future on WP8 must realize that Nokia may run out of cash. Forget about WP8 phones this year, it will be 2013. Can Nokia survive another 2 Qs bleeding cash with almost no sales on top of retrenchment payments? Next year some debts will be due and Nokia can't borrow any more as its bonds are rated junk. It doesn't matter even if Nokia manages to push out WP8 phones next year, the smell of death will stop consumers buying. |
Re: Let's talk Nokia stock!
Christ. Nokia has been in the hands of a very few for as long as Nokia has existed. Ultimately they have the last word. They have done much more drastic things in the past than to change the OS on bloody phone.
You people got to stop trolling!!! Elop is hired to do a job, and he is doing it. Nokia will NOT run out of money. MS will NOT buy Nokia. There are no parasites, moles or other evilness involved. This is what is going to happen: Nokia will launch a WP8 Lumia PureView and become King :D Jolla will launch a bug nest with no features, no ecosystem, and disappear after less than a year. (this wouldn't prevent me from getting a device though, if I can get hold of one. Will they even be sold outside China?) I will be happy. You will continue to be cry babies blaming some obscure old lady for ganging up with Elop, exercising voodoo spells upon the Jolla. |
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And let's face it in the unlikely circumstance WP8 does become a success in 2013 Samsung will just ramp up their production of WP8 devices. By that time NOKIA will be so small comparatively they simply will not be able to compete with Samsung's economies of scale. Anybody that says NOKIA didn't have an option except to walk this path only has to look at Samsung to know that's not true. You only have to go back to early 2010 and, in terms of smartphone sales, Samsung were smaller than HTC never mind NOKIA. Now look at them towering above NOKIA who were by far the biggest back then. Samsung are announcing a record breaking quarter whilst NOKIA crash and burn. NOKIA painted themselves into a corner whilst Samsung kept all options open. Exclusively adopting a low-functioning OS that had already proven to be a failure for at least three other major manufacturers was never likely to be a winning strategy and NOKIA's resulting crash is not the least bit surprising. There's very little NOKIA can do to turn it around either now, their hardware is still good but they've lumbered themselves with an OS that most people just don't seem to want. |
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I'd bet you that even when Nokia gets broken and sold in pieces, or worse files for bankruptcy, they'd still be telling that the strategy was right, but Nokia just had a bad fortune... But the WP10 will going to rock the world! I remember when we all laughed here at the famous `step 4 of 5` claptrap as an excuse for not fixing some minor, albeit very annoying bugs, on the N900. Now I long for those days - Nokia might have been slow but they at least delivered something, which cannot be said for Microsoft in the mobile space for the past 10 years. The way it looks, cell phone as a concept will die before Microsoft manages to create a competitive product. Too bad they've dragged down to the ditch a lot of companies that fell for their sweet talk, but the stupidity always comes with a steep price... |
Re: Let's talk Nokia stock!
Right now the Nokia stock price is rallying remarkably well. This time yesterday it was trading pre-market at $1.62, and finished the day's trading at $1.73. Right now it's trading in pre-market up 8% at $1.87. In just over an hour's time (8am EDT) is the Q2 announcement, I'll be interested to see how the price moves at that stage.
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Re: Let's talk Nokia stock!
It will go up. As usual the analysts will think that the news are very very bad, but not as bad as they feared. Then a few days later they will realise that yes, the situation is just as bad as they feared, if not worse, and the price will drop to even lower levels again.
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Re: Let's talk Nokia stock!
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Robert Palmer at Digital Equipment Corporation (DEC) Eckard Pfeiffer at Compaq Carly Fiorina at HP George Bell and Patti Hart at @Home Jonathan Schwartz at Sun George Shaheen at WebVan John Sculley through Gil Amelio at Apple Bernard Ebbers at WorldCom Kay Whitmore at Kodak John Rigas at Adelphia (so badly messed with the company's money that he ended up in jail) Kenneth Lay at Enron (similarly would have gone to jail if he hadn't died first) Now that I'm looking at such a long, long list.. maybe this isn't as rare as one might have hoped. Hmm? Don't worry for Elop, though. I'm sure he'll do just fine even if Nokia dies off. |
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