Thread: Nokia disappoints in smartphones again
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allnameswereout is offline allnameswereout
2009-10-15 , 18:25
Posts: 3,397 | Thanked: 1,212 times | Joined on Jul 2008 @ Netherlands
#25
Originally Posted by livefreeordie View Post
but on the other hand I really don't know what will happen. Either Nokia will start climbing again on its own, or there will be a general stock marḱet downturn that'll ruin any chances.
If you look at the profit they made, and the products they're rolling out, I don't see a reason why to be over-negative. It is not as if NSN will again write such a loss in 2009Q4 for it was a one-time loss therefore leading to a one-time emotional reaction. Recession has nothing to do with that. Its taking the heat and going on. Although its difficult to take FUD into account.

If it wasn't for the recession, the decision would be really easy. All the analysts are seriously underestimating Maemo. Especially the US seems strangely fixated on S60, which is going away even on Symbian. As for NSN, new business areas like Windows laptops and Nokia Money should start compensating for its problems at some point as well, assuming they're successful.
Maemo, like Nokia Money, is a long-term project; not short-term. The fruits of its labor won't be visible right away whereas you're playing the stock market based on short-term prospects.
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