Thread: Let's talk Nokia stock!
View Single Post
Texrat's Avatar
Texrat is offline Texrat
2010-06-16 , 17:32
Posts: 11,700 | Thanked: 10,045 times | Joined on Jun 2006 @ North Texas, USA
#51
Originally Posted by Average Joe View Post
Ouch! From a high of $40 a share in 2008, to $8 a share today. Not cool if you are a shareholder.
Very cool though if you sold close to that $40 and are buying now.

Originally Posted by ysss View Post
Is Nokia's position in low-end/mid-market any better than in high-end smartphone segment?

I'd think the competition from the far-eastern companies will be tougher than ever.
Low end has been doing great for Nokia in certain markets. They have struggled in the midrange but mainly because it's disappearing as they knew it in their mature markets. Smartphones are pushing down into the midrange and changing the game. Nokia WILL do well there, but not for a year or so.
__________________
Nokia Developer Champion
Different <> Wrong | Listen - Judgment = Progress | People + Trust = Success
My personal site: http://texrat.net
Last edited by Texrat; 2010-06-16 at 17:35.