Re: Let's talk Nokia stock!
 

The suggested $4.05 stock price was last seen in May -97.

4.85 (touched yesterday) last seen in Jan -98 levels (before the 2:1 split).
We need 4.33 to be at Dec -97 levels.
If we pass 4.125, we'll be at May -97 levels.
Under 3.97 (-ish), we're reach April -97 levels.
To go back even further, we'll need to pass 3.555 - Dec. -96 levels.

The lowest 1996 number were 1.992, to find anything lower than that we'll have to go to Oct 1994. 1.992 isn't likely to happen anyway as far as I understand it.

This is like a competition.
How low can Elop go?

Going from a turnover of 6.5 billion euros in 1996 to a 2010 revenue of 42.45 billion euros, the company should be more worth now than the stock prices indicate. Either that, or the stock analysts would have to have known/believed at that time that Nokia would continue to grow like crazy and to keep selling well for years without losing market share. I don't think they were all that confident about that then. They just follow hypes.

Let's compare some (Wiki) numbers.

Apple has a 2010 revenue worth 46 billion Euro.
Exxon Mobile has a 2010 revenue worth 270 billion Euro.

Yet Apple is battling Exxon as the #1 most valuable company on the stock exchanges?

Analysts are PR-damaged, brainwashed and crazy. Apple is the #1 bubble.

Re: Let's talk Nokia stock!
 

"Revenue is Vanity, Profit is Sanity, Cash is Reality."

Nokia might have impressive revenue figures but it's not making much money (now losing money in the last quarter, certain to do so in the next two also, and probably after that too), and it's cash reserves will be declining as a result.

You don't value a company based solely on revenue, it's meaningless without also considering profitability which contributes to your cash reserves.

Apple have over $60bn in CASH, and this amount is increasing at an equally impressive rate thanks to huge profitability. If they're a bubble, they can easily ride it out once the bubble pops, whereas Nokia aren't likely to survive very long on their €6bn cash reserve and likely growing negative profitability (as Symbian and feature phone sales collapse) should WP7 not succeed.

Re: Let's talk Nokia stock!
 

I didn't compare Apple to Nokia, I compared Apple to Exxon Mobile. Sorry, Exxon Mobil. Exxon Mobil doesn't struggle like Nokia does. Infact, the Masters of the Oil Industry has very bright outlooks as they pretty much also control alternative energy research1), and invest wisely in it's own future competition.

Energy market is not going anywhere the next few seasons. Cell phone market however, nobody knows where it'll be in a decade.

Anyway, at the end of the day, Exxon Mobil also makes twice as much cash to put in the bank:

EM - Net Income: US$ 30.460 billion (2010)
A - Profit: US$ 14.01 billion (FY 2010)


1) BTW, this is a bad thing.

Re: Let's talk Nokia stock!
 

anyone know if it easy to create a widget with the stocks you have in stockthis. I'm really missing a stock widget. I will soon buy nokia :)

Re: Let's talk Nokia stock!
 

I would never dare to give advice to Chuck Norris.

Stock ended at 4.87 today despite further NYSE drops. More worthnoteable, noteworthable, etc is that Microsoft veteran Chris Weber, Elops best buddy in the new home market, says Nokia USA will ONLY sell Windows Phones as soon as Nokia has any Windows Phones. Symbian stock is thrown out as soon as possible - which basically means this year -and the same goes for any reasonably priced S40. I would think that'd at least influence the near future outcast but I guess Nokia weren't selling any cheap phones there either.

Whoever named Elop that decided that Northern S of A is Nokias most important market, was a lesson. I thought Nokia might regret it for a long time, but as things are moving now, I suspect they might regret it only for a short while.

Re: Let's talk Nokia stock!
 

I could believe these threads:
http://twitter.com/#!/eldarmurtazin/...19382428430337

jwf
Well it makes sense you said Nokia are looking to sell their smartphone devision to them
9 hours ago

Eldar Murtazin
ms dont want to buy it now
9 hours ago

jwf
So they have changed their mind or are they waiting for suitable time ?
9 hours ago

Eldar Murtazin
have no details. According to sources Elop couldnt show progress
9 hours ago via Twitter for Android

Bhairav
So what happens now elop gets fired nokia goes android gets swipe on android?
7 hours ago

This thread I could believe as well:
http://twitter.com/#!/eldarmurtazin/...19565073584128

Re: Let's talk Nokia stock!
 

Well, he didn't gain any cred from the MS buyout story, if he miss on the [far fetched sounding] S40 cancellation claim too, he will not have any left.

If it turns out to be true, he'll have regained a lot. Lot of Nokia cred riding on that statement :B

Re: Let's talk Nokia stock!
 

Well that´s a question of timeframe. News within the last week on Microsoft targeting lower range devices in the next updates after Mango might well be an opportunity for Elop to jump the gun, the same way he jumped the gun on February 11th.

I could completely see him trying to perfect his mistake from february by cancelling S40 6-12 months before WP can reach lower range devices.

That fellow who´s heading up Nokia in the US had also stated it is all-WP or nothing in US. Who knows how many of these MS-type single minded guys are being distributed into Nokia.

Re: Let's talk Nokia stock!
 

I don't believe in the microsoft buyout rumours, it doesn't make sense for microsoft to become a hardware company, or at least it would be a complete change of strategy towards an apple-like business model. Not gonna happen.

Re: Let's talk Nokia stock!
 

I suspect it's NOKIA's IPR that are the real prize for M$.