maemo.org - Talk - View Single Post - Let's talk Nokia stock!

SamGan	2012-06-05 , 02:06
Posts: 648 \| Thanked: 650 times \| Joined on Oct 2011	#1459

Originally Posted by Chuck Norris

Still possible for nokia stock to come back to $20. Have you heard of a company called apple? If so look at its history. Or even better, if you can look in the future? The stocks that we call success stories today like Apple, Google or Microsoft will eventually face serious stock crises. You know mobile phones and tabs is not the last new thing? One great new idea an your company can rise as Google and force the current giants to adapt or shrink... Why not a teleporter?

For every success story of a company which has pulled back from the brink there are others who have died. Have you heard of Kodak?

Apple was pushed to the brink when the Board appointed Gil Amelio to take over from John Sculley. He was an unmitigated disaster. If the Board hadn't corrected their blunder by sacking Amelio and bringing back Steve Jobs there would be no Apple now.

Nokia is now on a death spiral with Elop. His WP only strategy is a sure path to the grave. The latest comScore report show that Lumia 900 has failed to gain traction in U.S. Microsoft's U.S. share actually shrank another 0.4%. up to April '12. Lumia has also failed to gain traction in India and China (no it did NOT overtake iphone, its sales share is a rounding figure of iphone's) and Western Europe is lukewarm at best.

It may be possible for Nokia to turnaround but not with Elop. Even with Elop out survival is not guaranteed as this man has extensively damaged Nokia's intellectual infrastructure. Unfortunately there is no "Steve Jobs" to save Nokia.

If you are a risk taker you can buy Nokia stocks now and hope for a rally if, and only if Elop is sacked. This is not guaranteed to happen and the Board is likely to keep on buying Elop's line that Nokia is "in transition".

Last edited by SamGan; 2012-06-05 at 02:20.