Thread: Nokia CEO Blames Salesmen For Windows Phone Struggles
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patlak is offline patlak
2012-02-07 , 17:37
Posts: 1,033 | Thanked: 1,013 times | Joined on Jan 2010
#286
Originally Posted by gerbick View Post
I think you all are arguing from different angles sorta the same thing. Let's put it this way... if your market share drops considerably, then your margins need to jump considerably - I haven't seen any proof of that yet.

If you switch to something that's not selling well, your profits will invariably decline as well as your valuation - case in point, Nokia's stock is less now than it was a year ago... under $5.00, I bought in at low $8.00, sold at $8.40, got out before this drop.

The point though, charts will prove most anything - but the above is a fact. Nokia isn't selling as much, they've dropped in valuation, they're supporting a lesser selling WP7 platform and they've yet to hit their stride in anything in their portfolios - heck, by most accounts, N9's are selling more than Lumia 800's.
The main question that comes out of the argument is: Why put faith in an OS that is rejected and doesn't sell? Yes, obviously Symbian's fare share has dropped considerably, however new updates have arrived and are proving themselves worthy and are accepted by the consumer which should be of utmost importance for the company. Harmattan is also selling and is on the most wanted list, so what gives? WP is a joke when Nokia is concerned. Longtime loyal consumers have stayed with Nokia for their OS, design, reliability, services, etc. If all those consumers wanted Windows, they would have bought it by now. WM is as close as an OS will get to its desktop counterpart.

My conclusion is, Nokia's customers have been crying out for something new and flashy, but not different. Nokia has this inhouse and yet they throw their current and potential customers to Samsung, HTC, etc.