If only they had another market to fall back on besides the cell phone market in the meantime while they try to fix their cellphone market-share! You know.. something they were uniquely ahead on. Say, INTERNET TABLETS. Especially seeing as how Starbucks and McDonald's are both now offering FREE wifi in all their locations. Nobody is going to particularly care about having a 3G radio in their device anymore. Hell, the iPad people aren't even going to bother with 3G anymore either. Apple, once again doing the smart thing, doing something I kept suggesting all along: offer a non-cellphone version of your f***ing device (cheaper, lighter, etc.) Nokia had opportunity and pissed it away, as usual.
Historically it's been a great buy below $14. I've made money on it twice going by that. But I'm really concerned with how low it is now. I think I'll wait until the next dip to add more. Still, it can't stay this low forever.
I agree. i think Nokia strategy as a company is pretty good long range especially regarding ME, China, India, Africa Will they ever break into a large smartphone marketshare in USA, not sure, but it might not even be necessary. i think that is what most people are blinded by.
"Despite Nokia’s decline and Android’s growth, Nokia still leads in emerging market such as Brazil, Russia, India, and China." Source: http://www.androidpolice.com/2011/08...re-in-q2-2011/
Analytics firm Canalys is reporting that global smartphone market share for Google’s Android OS platform is at a colossal 48%, with an overall lead in 35 out of the 56 countries tracked by Canalys. According to the report, the total global smartphone market has grown by 73% year-on-year with a total of 107.7 million devices shipped in Q2 2011. Android-based devices are the main culprit behind this astounding growth with an increase in shipments of 379% from over a year ago totalling 51.9 million units shipped in Q2 2011. Android sales in the Asia-Pacific region are particularly impressive, especially in South Korea and Taiwan where Android holds 85% and 71% market share, respectively. In contrast, Apple shipped 20.3 million iPhones and has a market share of 19%, overtaking Nokia’s Symbian platform to take second place in the race for global smartphone supremacy. Apple has also become the world’s largest smartphone manufacturer, racing ahead of Nokia, who has held this title for many years.