Thread: Nokia CEO Blames Salesmen For Windows Phone Struggles
View Single Post
GrimyHR is offline GrimyHR
2012-02-08 , 16:38
Posts: 470 | Thanked: 399 times | Joined on Jul 2011 @ Croatia
#320
Originally Posted by gerbick View Post
Thanks for calling me stupid. It really validates your point.

I guess you overlooked the statement I made about how Symbian was a big seller for Nokia until Elop made that announcement distancing Nokia from Symbian.

So let's recap, in smaller words. Symbian was selling great. Along came Elop. He stated that Nokia was going away from Symbian. Sales started slipping on Symbian. WP7 isn't selling great - 1 million or so phones tops so far for Nokia; more for Symbian even on their decline. Nokia's share is lesser now than ever. And their valuation - be it stock or otherwise - is lower now too.

Sales might have been going up, but not after Elop's comments. Added on top of the loss of sales due to competition, that's not a good formula for Nokia. Worse, WP7 isn't gathering the attention of even Harmattan right now.

And in the future, keep the conversation civil and adult. I know it's hard to do, but it makes for a better community.

Take care.
i didnt call you stupid, i asked you a question since you made a mistake, i corrected you and in your response to me you again the same invalid point as in your previous post so that doesnt leave many options as to why you did it and my question was valid

btw:
gerbick:

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.


GrimyHR:
you are mixing market share and sale numbers, if SALE NUMBERS fall THAN you need tu boost up your margins, and at the time nokia anounced that its killing symbian(around the time n8 was the top symbian device), even thou the market share percentage was down, the NUMBER OF SYMBIAN DEVICES SOLD WAS BIGGER THAN EVER!


gerbick:
And you're quite mistaken my friend.

Let's keep numbers simple.

I once sold something for $1.00 in a 1 million lot - so 1 million dollars, and it cost me 50 cents to make each and advertise. The margin would be 50 cents on each, so half a million would go into my pocket.

I now sell something for $1.00 in a half million lot - so half a million dollars and it still cost me 50 cents to make each and advertise. The margin would be the same, so quarter of a million would go into my pocket.

If I want half a million to go into my pocket, I would either have to sell the product for higher, advertise it less but still sell, sell more, or find other ways to cut corners if my sales were lower than before and I want to pocket the same. Or diversify. Or expand to new areas.

Nokia's not doing any of the above. Their market share is shrinking meanwhile world population is growing. They might be charging higher for certain products, but those aren't selling high. The one thing that sold in mass quantities is on the decline because of prior announcements - read: Symbian.


you really dont see your mistake? its not a small one you know...