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Posts: 322 | Thanked: 218 times | Joined on Feb 2012
#1855
Originally Posted by danramos View Post
You addressed the one point about stocks and then neglected to address everything else I mentioned. How do you square the rest of the issues (rapidly dwindling assets/cash, ruined confidence from investors and lenders, compromised and damaged relationships with consumers and vendors). OK--your turn. Go ahead.. address the other issues beyond stocks. Go.
Well I'm not Jesus (close but still... ) IMO Nokias problem is size. They are way too large, even with all the cuts the last couple of years. I am 100% sure that not a single person will inject a single euro into Nokia before it is cut to the bone. However, they may have all that under control in a carefully laid out plan, I would be surprised they didn't. They are also not competitive, they lack a real flagship or two, and lack good low end devices to compete with low end Android.

Consumers are the least problem. Consumers are loyal. I would say 95% of all Nokia users are satisfied, more than satisfied with their Nokias through the last 10-15 years. It's only a load minority of smartphone users that are not satisfied, particularly with the death of Symbian and less than optimal last generation Symbian smartphones, + a tiny group of Maemo users. Consumers are also practical and opportunistic, right now Samsung has better phones, and that's where most old Symbian users go. Old Nokia dumb phones users go for cheap Android (HTC and Samsung) and are not very satisfied, or they chose high priced iOS and are very satisfied, but would like something cheaper the next time. The ones who had gone for Sony (Ericsson's) mid price range are very satisfied, but they typically had Sony Ericsson before also. It seems to me the ones who are satisfied are high end Samsung (exclusively SGS3/2) and mid range Sony as well as iPhone. There is a huge bunch of people with low end Android Samsung/HTC that are genuinely very dissatisfied.

The strange thing is that most Lumia users are very satisfied, but let down to smaller or higher degree by the Osborne trick lately (the ones who cares, also a minority). So the fact that Lumias don't sell more is a bit of a mystery. The only reason I can think of is that they have snapped up that something newer is coming, or simply bad timing. I have personally given away several Lumias as gifts to older people, and its strange to see they start using e-mail, MMS, swipe around the device, enjoying it. That would not have happened on a Android. On iPhones, yes, but at 4 times the cost (Lumia 610). I hate everything Apple anyway.

When Nokia comes with WP8 PureView they will be back. The first customers will be still going die hard Symbian users and long time iPhone users. Then the SGS3 crowd starts to get bored and jump ship, but that will take some time. By that time low end WP8 devices will be out as well to satisfy dissatisfied low end Android users.

So Nokias problem is size and not being competitive. Investors is no problem. Damaged relationship with vendors? what damaged relationship are you referring to exactly? Besides, vendors and sales people are opportunists, they are not sorry assed glum cry babies. A good deal is a good deal, good products are easy to sell and bring lots of cash. When Nokia comes with good products, it will be all smiles.

Still, the ultra low end Nokias sell well. they sell well in all regions.