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Re: Lets talk Nokia stock!
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Re: Lets talk Nokia stock!
@enyi: there is a thread for ad hominem attack :) or you could pm me directly.
I welcome discussion/debates that are in topic here though. |
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Nokia will shortly be marked as a pretty major sell when some quarterly market reviews come out. A few senior nokia execs will be shocked about how negatively the market views the future for Nokia and a fair few will be looking for new jobs. With a new management team Nokia can trash the opposition.
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Thus I was rather surprised that Nokia listed that point as the first 'excuse' to their profit warning. As for the declining Euro value, it only comes into effect partway through the period. I can see this considerably affecting their financials going through 2010 though, if euro value doesn't recover. |
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The stock will skyrocket once the CEO is replaced... |
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That is the simple truth. iPhone, droids, Blackerries, totally uninteresting. The competition is from Sony Ericsson, and it will get worse before it gets better. Samsung and Bada is coming at full steam. |
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Hello - long time listener, first time post, anyhow I feel Nokia has fallen into the trap that many big companies have been caught in before.
My parallel example would be the big American auto manufacturers such as GM/Ford - competitors from Japan were always present in the US market but the American firms became so entrenched in a certain way of working they stopped all real R+D. By this I mean real R+D is to try totally new approaches, to break with the past - BUT to also offer the chance for the fruits from R+D to be fed into production. To me the S60 devices are suffering from a complete collapse of mindshare - development for S60 is difficult - although Nokia is desperately attempting to bring QT to S60. The UI is tired. TIRED. TIRED. But they are unable to produce a better feel; or they just don't care; I have an N900 - with a few tweaks to the phone UI app I'm sure it could work better and enter the mainstream. If Maemo had been given cellular capable hardware far far earlier Nokia would not be in this mess now. |
Re: Lets talk Nokia stock!
On a general basis, it's a great time to buy stocks when a nowhere-near-bankruptcy firm delivers short term bad news. There's bound to come some good news at some time.
In Nokias case, their strong footing in all developing markets says they can fail as much they want to in smartphones and still be the world's strongest cell phone firm. Maybe it takes a CEO or two, and a Symbian rewrite or two, but Nokia is going nowhere. They're selling loads of phones. |
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I agree with Volt. Nokia has coffers full of money and they still make profit and pay regular dividends, even in these very bad times and mediocre set of products. For short term there is nothing to help, but they are making progress. On longer term, MeeGo will bring something interesting and I believe that Symbian^3 and ^4 will also make Symbian user experience more tolerable. Therefore it might not be a bad idea to invest in Nokia.
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The only lack the n900 have is a slim and flashy outer body. (Though i wouldn't mind if it was little bigger.. 4" screen would be nice.) |
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Since 5 years Nokia's strategy is catastrophic. Two many errors (N97, N900). They can't see that the world had changed. Make some usable interface with pretty UI! It's so simple!! I think the next N8 will not be a big success with its actual awful UI.
Google, in 2 years, had made 4 realases of Android ! 4!! With it’s next gingerbread they want to focus on UI… they know it’s very important nowadays. But Nokia no. This company is leaded by a guy who don’t understand the markets. Steve Jobs use its products! He know what features/improvements people want. OPK is just a businessman with no users market. It’s keynote is boring, tiring. USA is the place of the most important medias of the world. They can build or defeat a brand name in few articles. Why nokia don”t put all its strength is this market?? In all articles on the web they says iPhone OS or Android and forgot Symbian. Why? Because Americans don”t know anything about Nokia! |
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as you say it. one could think that amaricans are lacy, easy to buy with sweet talk ;) but I would never say that. My point is this. US is important, but I would say Asia is the future.
stock is down again I think I will buy it for around 5.60 in a few months... ;) |
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is this Rafe Blantford?
i agree with you its just a shame that "long Term" does not conpute in the techworld.. as a developer, consumer and a Nokia fan (love thier hardware) knowing that the good stuff is coming but is 1yr to 2yrs away is very frustrating.. shame they do not release high end top range 4" devices like HTC and as frequent too. i believe in Nokia its just a shame the US own the tech media and Financial media and with no Nokia visibility in the US mindshare suffers. but Nokia is also very poor with communication |
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Nokia.. Japanese, right? I KNOW you get the reference. Just saying.
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Developers are also deserting Nokia in droves (esp those who develop for the Ovi store) as the software platform for Nokia is unclear. |
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at least not for me :) |
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If you want to make an excuse, why give credit to your competitors that they're doing so well to affect your own operation negatively? It's better to say there's a mistake in your own supply chain that's now under control. That is, if you expect things to get better soon; which is obviously not the case here. Quote:
I think it'd be interesting to see Nokia's financial performance of their low\mid-range handset. |
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The big problem is that a lot of Nokia investors are US based; and hence, like their bloggers; ignorant.
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A lot of Nokia's investors are USA based; and so when they see Nokia not progressing there; and Apple and RIM making advances; it is easy for them to think Nokia is doomed and what is happening in the USA is the prologue of Nokia's destruction around the world. Which it is completely unreal on how the global mobile market works. Wall Street is completely divorced from how things work in reality in many industries; and specially in mobile. |
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@mrojas: don't you think us-based bloggers pretty much dominate the gadget/tech news on the net? what other english language gadget source is bigger than engadget/gizmodo?
@enyibinakata: no, I don't work for Samsung. (nor Apple). |
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I personally don't read them too much because I find them very ignorant on what I consider important points and too USA-centric (Engadget seems to be learning a bit this days from what I hear); and off course, their content is tailored and written from the point of view of the US market; which is a pretty weird and backwards market in mobile. So yeah, I don't like misinformation and ignorance being spread and taken as truth; and we have had a lot of that shamelessly coming from those sources in this days. |
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I do agree that the tech blogs get it wrong most of the time, but also their influence is overstated. However, Nokia's offical communications are a pity.
However, that does not diminish the fact that Nokia is currently extremely weak in executing on their strategy. The N8 should be in stores now, not sometime in Q3. It is unforgivable that they block almost any Maemo / Meego development for 3rd parties just because they don't get their act together for N900 PR1.2. Nokia's problem is that too many things do not go well right now. If they continue this downward path then they might lose mindshare and then marketshare. Nokia's opportunity is the huge installed base, the brand stands for something (they need to be cautious here though), and if they deliver a few hot devices they might be able to squander the competition. I am not sure if Nokia can deliver, and many more aren't either. This brings the stock down, not the techblogs or ignorance of analysts (who usually get it right 50% and wrong 50%, so they are as useful as a coin you can flip). |
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$8.90 as of (right now) today with a big problem being due to the strength of the Euro against the US Dollar being in our advantage at the moment. Ignorance has nothing to do with that number. They've basically given up on this market like they have in Japan. Place the blame where it properly should be placed. |
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The big winner is of course Android and SE. The big looser is Nokia, but also iPhone. Samsung with Bada will also come before Nokia can do anything. Samsung will also take big chunks of both Nokia and iPhone. This is in the international arena where 95% of phones are sold. What will happen in the en-bubble-geek-world-ruled-by-operators called the USA, I have no idea. :eek: But who cares, in a years time Nokia is back with a vengeance :) |
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a recent article
http://economictimes.indiatimes.com/...ow/6072774.cms Quote:
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down again...anyone bought during the week?
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don't try to catch a falling knife..
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All I can say is to NOKIA right now is Epic FAILURE and Shame on You NOKIA. This for making All N-series phone the same in features with just different looks. If Nokia just stay with 1 N-series device and mantaining it and improving it would just like the iPhone. One product but doing it well
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