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#31
Originally Posted by imperiallight View Post
There is no point in Nokia producing high end phones unless they have the OS to match it.
http://meego.com/
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#32
Originally Posted by imperiallight View Post
There is no point in Nokia producing high end phones unless they have the OS to match it.
 

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#33
Originally Posted by slender View Post
I think that most of blogs currently analyze on level that is same as what construction workers (no offense) could talk in their lunch breaks after seeing FOX news.
Sadly, many traders and investment bankers are on that level too.
 

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#34
Originally Posted by etuoyo View Post
http://m.gizmodo.com/5638995/nokia-i...alds-of-phones

I know Gizmodo and Engadget are frowned on here (to mainstream for what we consider to be a geek site). But this is a very good article (and if McDonalds have poor customer services then I agree completely).

I am shocked to hear that Nokia's profits dropped from $9bn to $300m in just two years. That is the most shocking profit drop I have ever heard and probably one of the greatest drops in history for any company. Shows how much trouble Nokia is in despite what people may think here. Yes they sell a billion phones but profits are in the high end where Nokia has nothing for now.
excuse me? are you high or something? or do you just lack understanding of certain things?
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#35
Originally Posted by etuoyo View Post
2. The more money a company makes the more money it has for R&D which means the more likely it is to make a super amazing product.
oh never mind the earlier questions, I just got the answer: you just don't get it.

profits are for owners. and 500% increase to R&D budget doesn't mean 500% better devices anyway....
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#36
Originally Posted by efekt View Post
Tell that to Samsung... BADA-Boom
Well Samsung gets away with it by using an operating system with loads of traction. Just like Motorola and HTC.
 
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#37
Originally Posted by ossipena View Post
oh never mind the earlier questions, I just got the answer: you just don't get it.

profits are for owners. and 500% increase to R&D budget doesn't mean 500% better devices anyway....
Are you insane? You think a company distributes all its profits in dividends? That is far from the case. Nintendo for example is sitting on billions and billions of cash. The board decides out of the available profits how much to distribute. Decisions will also be made as to how much to pay staff and how much to spend on R&D.

A company which brings in mad profits and has lets say $10bn cash is almost more likely to spend more on R&D than a company that has only $500m cash.

And yes increasing R&B budget does not automatically result in an exact proportionate increase in product quality but can you seriously suggest that increased cash on R&D and getting the best staff on board does not increase likelihood of increased product quality?

And the shared view here that things are so rosey at Nokia (shared with Nokia execs it seems) and they should continue as they have been may be the reason why Apple has come out of nowhere and blown them away and why it will not be a shock to see HTC do the same.
 
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#38
Originally Posted by sela View Post
You don't read a lot of financial reports, do you?

First, the numbers you quote are not profit but net income. Their gross profit was actually down from 25B in 2007 to 19B in 2009. After you take from this all the operating expenses (R&D, marketing, administrative) taxes, liabilities etc you get the net income. Because it takes time to cut down expenses, a 20% drop in profit can be easily translated to a huge drop in income.

In addition, they're comparing Nokia's best year ever (2007) to Nokia's worst year ever (2009). The 2010 numbers so far are not as bad as 2009. In 2009, there was a huge worldwide financial crisis, which was also a factor, together with more than 1B dollars of non-recurring expenses.

Nokia is definitely in trouble because of shrinking gross margins, lack of presence in the US, lack of commercially successful high-end smartphone, and losses from some of its other devisions (esp. Siemens-Nokia networks), but looking at net income alone gives a distorted picture and make things look worth than they actually are.
I did not read the financial reports. I merely quoted what Gizmodo said - "profit". Maybe in the US profit is used to mean net income or maybe Gizmodo intentionally used net income as profits to paint as bad a picture of Nokia as possible. Either way your issue should be with Gizmodo and not with me. Unless I am expected to read the financial reports of a company before quoting something from an article
 
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#39
Originally Posted by etuoyo View Post
Well Samsung gets away with it by using an operating system with loads of traction. Just like Motorola and HTC.
Well Nokia shouldn't be worried then, as Nokia have MeeGo and Symbian - right?
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#40
Originally Posted by efekt View Post
Well Nokia shouldn't be worried then, as Nokia have MeeGo and Symbian - right?
Agreed generally.

Only problem is meego is yet to be tested. Hopefully it will be awesome and gain some huge market share. Doubt it will ever be able to gain the kind of traction Android and ios have but hopefully it should be able to kick WP7 to the curb.

As for symbian it will always be the market share king but the general public seems not too interested in symbian for high end touch devices even though it sells like crazy on reasonably priced phones.
 
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