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Nokia suffers 40% drop in Q2 profits
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gerbick
2010-07-22 , 14:29
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I remember when Apple needed 150 million from Microsoft to stay afloat and when I bought their stock, it was less than 12.50 USD. 10 years later, it's over 220.00 USD. Nokia is now hovering around 8.75 USD per stock... and it's historically been as high as 40.00 within recent times (4/5 years).
With that said, I feel as if they will get back there, but it's all long-term. All of their moves now will dictate that. This is just a lull. Apple had one and bounced back. Nokia can do the same.
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gerbick