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2011-06-02
, 02:22
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#32
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Here I was thinking focusing on the actual sales numbers for a post or two were related to the sales warning part, but I may be mistaken.
I'm looking at what lies behind the sales warning, because up until recently, and contrary to everything everyone with an online opinion has been communicating for the last couple of years, Nokia still had some whooping sales numbers. Nokia pretty much foiled their short term results all by themselves, IMO.
And I know my message here may not have come out clear, but what Ahonen says is pretty much the same as I have been trying to say: Things weren't so bad. Now they are so bad.
Last edited by volt; 2011-06-02 at 02:29.
I'm looking at what lies behind the sales warning, because up until recently, and contrary to everything everyone with an online opinion has been communicating for the last couple of years, Nokia still had some whooping sales numbers. Nokia pretty much foiled their short term results all by themselves, IMO.
And I know my message here may not have come out clear, but what Ahonen says is pretty much the same as I have been trying to say: Things weren't so bad. Now they are so bad.
Last edited by volt; 2011-06-02 at 02:29.
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2011-06-02
, 02:28
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#33
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This is what I wrote 2/12/2011:
http://talk.maemo.org/showthread.php...208#post944208
I am sad that I was right, at least with the short term part (ditching Symbian)
I am not hopeful that I will be wrong with the second part (MS alliance).
http://talk.maemo.org/showthread.php...208#post944208
I think this is the reason why Nokia stock tanked: The deal with MS does nothing for short term profitability, on contrary, they will have a hard time to unload phones running their Symbian OS as Symbian is now officially a dead platform. I was thinking about purchasing the N8 or E7 for a family member, but not anymore.
Additionally, short term Nokia will incur substantial costs for shedding thousands of employees and writing down intangible assets.
And their long term earnings potential is diminished too, as without a credible platform of their own a (major ?) share of their revenue will go to MS.
So, short term bad, long term bad. At least that is how I see it.
I am not hopeful that I will be wrong with the second part (MS alliance).
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2011-06-02
, 02:48
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#34
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Ahonen's blog were quite the good read, too.
Yes, let us all hope we are wrong, however the minute the board lend their ears to the analysts and people like Ahonen, Nokia will change course again. And that might happen well before Windows Phone 8 is in stores.
So far he seems to have taken good growth trends and turned them into a world-record speed market share nosedive and the fastest destruction of profits of any company that didn't suffer a natural or engineering catastrophy. He is well on his way to be in the history books, but not as someone Nokia shareholders could be proud of... He is acting very single-mindedly to ensure he snatches defeat from the jaws of victory.
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2011-06-02
, 02:52
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Posts: 572 |
Thanked: 259 times |
Joined on Jan 2011
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#35
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i beat money, nokia WP7 gotta fail.
now i am sure of it.
now i am sure of it.
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2011-06-02
, 03:31
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Posts: 619 |
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Joined on Feb 2010
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#36
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....
"trade the news".....
"trade the news".....
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2011-06-02
, 04:08
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Banned |
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Joined on Feb 2010
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#37
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Amazing assumptions on here.
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2011-06-07
, 01:33
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#38
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Nokia's been climbing some now. But they never seem to recover to the previous status quo before the next earthquake.
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2011-06-07
, 02:42
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Banned |
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#39
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Nokia will bounce back to the top when they complete a working Windows OS device you will see.
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2011-06-07
, 03:24
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#40
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Originally Posted by abill_uk
Doubtful. WP7 sales have been panned by AT&T's CEO. For Nokia to bounce back, WP7 better sell. Not just appear as a release.
Nokia will bounce back to the top when they complete a working Windows OS device you will see.
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| free fall, nok+ms rox more, popcorn anyone?, yes please |
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All times are GMT. The time now is 18:09.
There is Ahonen's well known blog, he has information about unit sales and market share. He also tries forecasts, according to him Nokia's numbers will not be pretty at all.
http://communities-dominate.blogs.com/brands/
Nokia's profit warning is so serious because management reiterated guidance a few weeks earlier with decent unit sales and decent profit. The fact that management had to retract their guidance is an alarming signal of the state of their business and their ability to control their business. This is management failure, plain and simple.
The share price reflects market's expectation about future performance of the company. Nokia's share price was about $40 in fall 2007. Less than 4 years later Nokia's share price closed at $6.69 today.