Originally Posted by Texrat

as for Jolla, I'm realistic and have low expectations.

MKM Partners lowered their price target on shares of Nokia (NYSE: NOK) from $2.00 to $1.50 in a research note issued on Monday. The firm currently has a “sell” rating on the stock

Shares of beaten-down Nokia (NYSE: NOK) are fractionally higher Monday but according to one analyst there is only on direction for the stock to go... and that is down.

MKM Partners slashed its price target on Nokia from $2.00 to $1.50, while reiterating their Sell rating. The firm cited a recent analysis of communications patent transactions.

"Given the ongoing large operating losses and cash burn, we continue to see all of the value of the company in its intellectual property," said analyst Michael Genovese. "We are updating our view of the value of Nokia’s IP based on our analysis of five patent purchase deals that have occurred over the past two years including the recent Intel/IDCC transaction and Google's purchase of Motorola Mobility. As shown on the table on the next page, these deals suggest an average per patent value of $560,000. Applying this number to Nokia's 10,000 issued patent families results in our new $1.50 price target for the stock."

Originally Posted by switch-hitter

If Tomi Ahonen's figures are correct China Mobile is bigger than all North American carriers combined.

Originally Posted by volt

Do you need to look to Tomi Ahonen to know this to be true? The North American market is tiny. China Mobile has two subscribers per one U.S. citizen. And they have growth potential, at that.

[snip]...when Steve Ballmer was asked whether Microsoft would start building smartphones, he refused to give a clear answer. He pretty much said "we will wait and see." According to Mr. Ballmer, Microsoft will focus on its tablet first and take it one thing at a time. The fact is that a company as large and sophisticated as Microsoft doesn't have to focus on "one thing at a time." The company can focus on tens of projects at the same time.

Ballmer didn't rule out the possibility of Microsoft producing its own smartphones, he simply said "not now." Why not now and why later? It looks to me like Microsoft will let Nokia give it a try first and it will take the matter in its own hands only if Nokia fails at it. Microsoft doesn't know whether Nokia's turnaround will be successful or not. At this point, even Nokia itself might not know the case. If Nokia fails, Microsoft is likely to buy Nokia and take the matter in its own hands. [snip]