Thread: Topic of the Day: Should Nokia Drop Meego and roll with Android?
View Single Post
bzhbok is offline bzhbok
2010-07-09 , 16:16
Posts: 13 | Thanked: 6 times | Joined on May 2010
#112
Originally Posted by superg05 View Post
yes and see where its gotten them


If I was any of Nokia’s shareholders right now I would seriously be disgusted to see this.

I mean Nokia as valuable as RIM. Come on Nokia what are you doing ?!?!?!?!?

This chart shows Apple’s market cap at roughly $247 billion exactly the same market cap Nokia had in 2000 a full 10 years ago, oh how time flies. Shows how much Nokia has become complacent and possibilities of Nokia being overtaken as the world’s largest mobile phone maker is a certainty and I can’t help but thinking that no one at Nokia is serious enough to become great as it once was. It is important for big European companies to stay relevant in the world stage especially Nokia, we don’t want( well i don’t) a world where tech companies are only from America and far eastern Asia. It would be nice to see European tech companies doing well.
souce: http://mynokiablog.com/2010/06/22/gulp/
This chart means most investissor are like teenage girls, they follow the trend. They look at the current profit of each firm but hardly anticipate any change in the market. I guess that for most of them MeeGo is flying under their radar or in the case they heard about it they hardly looked at the technology... Anyway MeeGo is something like 6 month away, and it is far away for traders. So the situation is that most of them doesn't see the potential, and if they do, they are waiting an upward trend before to invest. I don't expect any upward trends before autumn since Nokia's quaterly results are going to be bad for te next two quarter (profit warning announced).
Last edited by bzhbok; 2010-07-09 at 16:19.
 

The Following User Says Thank You to bzhbok For This Useful Post: