Thread: Let's talk Nokia stock. Really.
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Lumiaman
2012-09-10 , 02:33
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#276
Originally Posted by Dared View Post
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

I don't think you guys get it. Nokia was successful before real competition showed up. Once android and iOS showed up, Nokia became history. History. They were seizing upon inteoduction of iphone. They knew since 2007 that they had to convert Symbian to touch phone, and they couldn't do it. They couldn't do it. And they still can't. Did you try out Symbian Belle...it's so uncompetitive. Symbian was dead after that. Very dead. Muy dead. Deep six dead. Yes, Nokia could have gone Android. Perhaps they would have done better with it. But nothing they had in house was a solution. They were beaten by superior forces and execution. Sometimes you got to look deep inside yourself and decide what am I good at it. They lost the software war. Will they lose the hardware war? And Elop has nothing to do with it .