Thread: Let's talk Nokia stock. Really.
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2012-09-10 , 00:38
Posts: 187 | Thanked: 143 times | Joined on Nov 2011
#272
Originally Posted by Lumiaman View Post
Oh my, oh my. Again: what is Nokia trying to do- make profit. How will they make profit: they need idiot proof devices that are part of a good ecosystem. Was meego or Maemo a contender: Never. Nokia is not a software company so what they do: they join the next logical system. Elop did the best thing he could do.
Heh, Lumiaman, tell me what the current stock price is? (compared to what it was just before the N9 was released).

Going by your logic, about Elop doing the best thing he could do, you mean to say had Nokia stuck with MeeGo, or adopted Android, their stock price would be even lower than it currently is? A company's success is judged on it's share value.

Face the facts - Elop made the worst decision he possibly could have made. Look at the stock price. Look at the cash burn rate. Look at the extremely poor Lumia sales. Enough said