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Re: Nokia shares dive after sales warning
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Here is how it went:
Is Elop the only culprit? No, but he is the CEO and was hired to make Nokia successful again. 40% down is no success. Investors do not buy his strategy (20% drop after WP announcement 2/11) nor his execution (20% down after profit warning 5/11). |
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Puts them 2 steps closer to the grave. Any more profit / sales warnings and they might drop further down in ratings. Then there´s no independent Nokia any more, Elop will sell them out, get a nice fat bonus and ride on to his next gig. |
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He can retire. |
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Nokia has not really gone far in terms of introducing anything that was not Symbian based since February 2010 - the same month they announced their movement to MeeGo (later rescinded) or the announcement to move to WP7 in February 2011. It's now June 2011 and neither a MeeGo, Harmattan or WP7 device has been released by Nokia. So on one hand, you have a company with a new mobile OS (WP7) that's not selling well. It's been all but panned so far by AT&T, it was late to hit Verizon, and I'm willing to bet that no overseas carriers are even concerned with it thus far. That's one wrong. On the other hand, you have a company that has announced two different OS strategies in the last 18 months and so far, they've only seen their market share drop to something not seen since 1997 and have yet to produce one new OS, be it any of the aforementioned, derived device(s) as of yet. That's the other wrong. Now let's put them together. Low selling WP7 + lack of releases = two wrongs. There's nothing right in that equation. Savvy? |
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just kidding... |
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I don't actually think MS as a company will fail anytime soon. They do have their desktop monopoly and Office cash-cow. However, other than the XBox, they don't have a very good track record of getting into new markets. So it is entierly plausible that WP7 won't go anywhere. In the long run, there is a danger for MS. The world is changing again, maybe as much as it did when the PC came along. The track record of technology companies across a paradigm shift is not a good one. At best they seem to "do an IBM", which is to say they remain large and profitable but no longer lead the market. A lot of signs point to MS heading down that path. I think WP7 and Windows 8 are their shot at remaining relevant. If they fail they will continue to exist but will no longer dominate the industry the way they have for the last 20 years. If they succeed, it will be one for the history books. |
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About 1% of Nokias shares are actually in the wild. The rest of the shares are owned by long term investors that have one single goal in life, and that is to see Nokia thrive, and they are loaded with money. Nokia is very similar to VW group, virtually indestructible. It is those investors that hired Elop to gang up with MS and put Symbian to sleep. You may cry and whine that Nokia is doing bad, WP is doing bad, two bads don't make it good and so on, but it is nothing but brainless whining any way you look at it. The phones and devices coming this fall from Nokia will truly kick some serious ***. The HW will make you scream, and the integrated OS/ecosystem that follows will make you pee in your pants. And lots of them will come, cheap ones, expensive ones, phones, tablets, communicators, camera monsters. What is happening is the larger part of the entire tech industry including the most powerful investors in the world swamping the world market with exactly the thing people want, and it is happening in one single long lasting blow. There is no way this will fail. So, if you can get hold in some Nokia shares, for gods sake get some now. |
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Besides, MS has done great success with Windows CE in billions of devices, and WP is only the last and most advanced version of that OS. |
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I work in the embedded systems field and CE is nothing but a bad joke. Linux and VxWorks are kicking their ***. Nobody cares anymore. And now it is virtually abandoned by MS. A perfect example of MS having a hard time with new markets. |
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If Elop's 'tell people what we're selling now is ****, start selling Windows Phones eventually' strategy is a success, stocks will start rising when investors start to believe this. That will not happen until Nokia has something to show with potential, which they will not do any time soon. However, if the 'tell people what we're selling now is ****, start selling Windows Phones eventually' strategy is a failure, stocks will not start rising until investors start to believe in the next administration and strategy. That will not happen until a new administration and strategy is presented, which will not happen until a new administration and strategy is conceited. So, not any time soon. Oh, and Nokia is facing a credit problem already. It appears to me that the chances of short and long upturns are much slimmer than the chances for continued price fall. |
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I consider myself pretty savvy in finding relevant data, but I never came across this information. Do you have a source or a link to substantiate this information? |
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;) |
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first rule of trading/investment - have your own thesis if you dont have a thesis, stay the fvck OUT the answer to your question is inherently complex - anyone who just says "long" or "short" without knowing your risk tolerance, time frame, intended position size etc is just giving you bad advice without knowing your circumstances |
Re: Nokia shares dive after sales warning
I would like to say its refreshing to have a "champion" of "satan" here
balances out the religions here lolz still an atheist - and will stay that way hah |
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You may argue that MS and Nokia both are mushrooms, but the point is that Nokia is the archeotypical example of the opposite. MS have shown by now that they will survive. Another point is that neither MS or Nokia need to revolutionize anything. They only need to do what they are good at. |
Re: Nokia shares dive after sales warning
Dunno where to put this, probably here is the place:
http://communities-dominate.blogs.co...stephen-e.html |
Re: Nokia shares dive after sales warning
All it will take is a damm good device from the merger and Nokia will bounce back to fame and glory and i for sure think that will be the case, it is just a matter of when.
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Re: Nokia shares dive after sales warning
todays new rumour on WSJ, Samsung are preparing bid to buy Nokia.
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MS is trying, I will give them that. They seem to be making an effort to catch whatever the next wave is. Maybe it will work, maybe not. It sure is expensive though. Quote:
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They have not shown any real talent for mobile devices in the past. Which is why WP7 is a make or break for them. If it fails, they they will be done in that market. It is moving too fast to just keep trying over and over like they did with XBox. Even MS doesn't have that much money. Nokia on the other hand is making a huge gamble. The best outcome is that WP7 is a big success. But if that happens other vendors will start using it as well (I don't think they have an exclusive deal with MS) and Nokia will have no differentiation. They will be just like HTC. They will still exist, and probably make a profit, but they won't be the same Nokia they have been. That's the best case. Worst case is that WP7 fails. It will be much harder on Nokia than on MS. I suppose they could always go back to rubber boots. Would you consider that a good outcome? That would be "survival", right? |
CEO of which corporation?
Trivia question of the day:
Who said this in a keynote at Qualcomm’s Uplinq? "The point though is that I want Peter Chou, CEO of HTC, to be successful with Windows Phone. I want G.S. Choi at Samsung to be successful with Windows Phone." [quote slightly edited for name and function of referred to persons] a) Steve Ballmer, CEO of Microsoft b) Larry Page, CEO of Google c) Steve Jobs, Apple dude d) Stephen Elop, CEO of Nokia |
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As I said, MS seems to be aware of this. Perhaps they wll be the exception. I won't bet my retirement savings on it. |
Re: Nokia shares dive after sales warning
I posted this link in the other thread but it is probably more applicable on this thread ...
http://www.bbc.co.uk/news/business-13682580 Fitch cuts Nokia's bonds to one step above junk status. |
Re: Nokia shares dive after sales warning
To me, this seems like the biggest crash since the collapse of the Soviet Union. Well, maybe that's overstating it. Biggest crash since Enron?
I have noticed that many companies seen holding hands with Microsoft end up sleeping with the fishes. |
Re: CEO of which corporation?
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If it was d then all of Nokia, shareholders and employees have a huge problem. It´s then obvious the F/E-lop is working for Microsoft and not Nokia at all. |
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Well, at one time Microsoft did push in some cash in a struggling company, ending a patent feud. Not going to name the company, but it may just be that Microsoft now regrets both helping out, and later selling the share they got from it. Image not quite related. http://www.zune-online.com/images/D5..._handshake.jpg |
Re: Nokia shares dive after sales warning
cbeam you should quote...
http://mynokiablog.com/2011/06/08/vi...his-ecosystem/ He seems to be overly excited by moving from the Nokia identity to being another MS OEM. |
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Nokia has a huge problem. |
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Rich Green leaving company.
Take a look at this: http://www.taloussanomat.fi/informaa...on/20118123/12 use google translate. |
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Re: Nokia shares dive after sales warning
GreatGonzo already posted a link to "My Nokia Blog".
Here is the direct link to the video of Elop's keynote address: http://www.uplinq.com/sessions/keyno...bile-ecosystem Elop's comments regarding HTC and Samsung being successful with Windows Phone start about 17'30 into the video. Interesting talk, and I think he is a good speaker. I also think he sounds like a MS executive doing the best he can to promote Windows Phone. I have a hard time to believe he is a Nokia manager trying to do the best for Nokia. |
Re: Nokia shares dive after sales warning
Not even CLOSE - well by magnitude anyway.
Look at the chart of ABK during the GFC. Now THATs a crash. Quote:
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Re: Nokia shares dive after sales warning
Poor Nokia.
The share price is in free fall, Nokia lost almost 50% value in the last 5 months. The handset business is essentially valued as 0. And even Microsoft is not interested in taking over Nokia as it would complicate their dealings with other handset makers. When will it end? http://www.reuters.com/article/2011/...7580X520110609 |
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The Microsoft may take over the Nokia at any point now. The question arises: what are they waiting for? The answer is that they are targeting the market with WF as an OEM product. This means they want to compete with Android/Apple, and for that they need Nokia, HTC, Samsung, LG and Chinese to start producing WF based devices. If this is the case than buying Nokia officially is a bad move at the moment, because that will repulse the HW manufacturers. My guess is that the Nokia is unofficially M$ already. This was not announced, but I believe that the shareholders of Nokia have closed a deal before Elop came to Nokia. The trade may not have been done publicly, but it would be worthy to investigate if major Nokia shareholders have somehow gained some stocks from certain other companies at that time. The crucial message M$ is sending to HW manufacturers is: We don't want to crush you, we want to crush Google/Android. There is also the unspoken: We don't want to crush you (now), we will do it for later, once we crush Google/Android. |
Re: Nokia shares dive after sales warning
I wish I could follow stocks in realtime.
http://www.google.com/finance?client=ob&q=NYSE:NOK Nothing new since yesterday there. I think CTO departure will further dent the stocks. |
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