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Posts: 139 | Thanked: 224 times | Joined on Nov 2007 @ San Francisco, CA
#21
Originally Posted by bugelrex View Post
If Nokia did nothing but continue on current strategy (with their history of failing to execute) there's probably a 80% chance of the stock going to 5.

With the W7 and Meego strategy, I feel there is a 30% of going to $5 and a 60% chance of going to $15. A pleasant surprise might be a decent Meego phone. You'll be surprised how much productivity you can squeeze out of your employees when they know their job is on the line...

Just laying off all Symbian developers saves them 1Billion EUROS a year! shocking!
http://digitaldaily.allthingsd.com/f...Dbreakdown.jpg
Yes, Nokia can save a lot of costs (R&D, Developers, Marketing, etc).

But I agree, if Nokia cannot turn their investments into profits, they are better off de-investing.

Nokia's valuation must therefore go further down similar to Dell's valuation (assembles and sells commodity hardware).