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2011-06-02
, 01:33
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#22
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Originally Posted by volt
You are funny. No numbers to back it up? Type "NOK" on yahoo finance and look at the share price from 2007 to today.
You have no sales numbers to back up that claim (until Q1 this year, that is). That's all based on the hype and feeling that Iphone is such a revolution and Android is moving too fast, Nokia can't deal with it. From 2007 up until the disaster 9th/11th of February 2011, Nokia sales were increasing.
People who only read Engadget would think me a liar, for that statement. However, that's what the Gartner numbers show. Android and IOS has been growing really quick. But Symbian has also been growing, up unto recently.
HInt: Corporations are there to make money for the owners.
And I stopped reading eng*****et about a year ago.
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2011-06-02
, 01:36
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#23
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Originally Posted by volt
You're not lying, neither nor Gartner. The focus of the annoucement is about breakeven in net sales rather than change in sales figures. And that re-adjustment in forecast is so huge that shakes the stock values immensely.
You have no sales numbers to back up that claim (until Q1 this year, that is). That's all based on the hype and feeling that Iphone is such a revolution and Android is moving too fast, Nokia can't deal with it. From 2007 up until the disaster 9th/11th of February 2011, Nokia sales were increasing.
People who only read Engadget would think me a liar, for that statement. However, that's what the Gartner numbers show. Android and IOS has been growing really quick. But Symbian has also been growing, up unto recently. And honestly, it's much more difficult to grow when you're at 24 million sold units than when you're at 1 million sold units. Nokia may have been said to have saturated their market, while Google has just began to tap theirs.
Truth is, it's in the stock market that Nokia has come to an embarrassing end. Not in the sale booths.
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2011-06-02
, 01:40
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#24
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Originally Posted by cBeam
Here, adjusted for you!
You are funny. No numbers to back it up? Type "NOK" on yahoo finance and look at the share price from 2007 to today.
HInt: Corporations are there to make money for the stockholders.
And I stopped reading eng*****et about a year ago.
Chill man. He's talking about sales figures, while the announcement is about profit forecast. They're talking about different things.
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2011-06-02
, 01:45
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Posts: 304 |
Thanked: 233 times |
Joined on Jul 2009
@ São Paulo, SP, Brasil
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#25
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Originally Posted by Hurrian
That is a great idea. After all, we all have some money spared, waiting to take Jessie's Girl for a spin...
At this rate, TMO might just be able to pool enough cash to buy out Nokia.
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2011-06-02
, 01:52
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#26
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Originally Posted by cBeam
I said sales numbers.
You are funny. No numbers to back it up? Type "NOK" on yahoo finance and look at the share price from 2007 to today.
HInt: Corporations are there to make money for the owners.
And I stopped reading eng*****et about a year ago.
What you are talking about is what the stock market think of Nokia, what I am talking about is what the consumers think of Nokia. I am talking about the actual trade that has been happening but underappreciated by the analysts.Those should be somewhat related, but they aren't at all.
You see the opposite with Apple. If you divide the overblown stock value on numbers of sold Apple products, you get a pretty absurd ratio. It's all in media hype.
Also, Elop has - temporarily, hopefully! - lost 40% of the stock holders' value since February.
Last edited by volt; 2011-06-02 at 02:03.
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2011-06-02
, 01:55
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#27
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Originally Posted by 9000
Yes. However, it seems sales figures has plummeted since February, also. They're not making the money they estimated because they're not moving the stock they estimated.
You're not lying, neither nor Gartner. The focus of the annoucement is about breakeven in net sales rather than change in sales figures. And that re-adjustment in forecast is so huge that shakes the stock values immensely.
Edit:
If it wasn't clear, what I am saying is that Nokia is producing a lot of hardware, generally considered good hardware, and that they have been quite successful in selling this hardware. They have money in the bank. It looks like you can buy Nokia, break it up in parts and sell it with profit.
Today, it's no wonder Nokia stock is falling like crazy. Nokia has ****ed up their turnover and have nothing to sell consumers. What I think is Wrong, is that the situation weren't at all as bad on a three-four year scale as analysts and tech media would have you think.
Nokia could have sold 100 million phones a year for at least another three-four years if they just kept churning out positive statements about Symbian*3. Instead, they chose the path of instant near-bankruptcy. Stock may take several years to recover, even if Nokia can handle the loss in credit rating that the low stock price ultimately means.
Nokia went all kamikaze, when even a failure to fix Symbian should give them profit for years to come. THAT is what seems Wrong to me.
Last edited by volt; 2011-06-02 at 02:12.
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2011-06-02
, 02:01
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Posts: 535 |
Thanked: 598 times |
Joined on Apr 2011
@ Republic of the Philippines
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#28
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Originally Posted by Hurrian
At this rate, TMO might just be able to pool enough cash to buy out Nokia.
Originally Posted by nwerneck
Are you guys serious about this? I'd like to chip in! hehe
That is a great idea. After all, we all have some money spared, waiting to take Jessie's Girl for a spin...
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2011-06-02
, 02:10
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#29
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Originally Posted by volt
Of course, who would want a phone running on something that the phone maker officially abandoned?
Yes. However, it seems sales figures has plummeted since February, also. They're not making the money they estimated because they're not moving the stock they estimated.
Samsung for one annouced to shutdown its Symbian division after Elop's note. That's sad.
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2011-06-02
, 02:17
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#30
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I agree.
I feel it's kinda ironic that it's me that have to pull out these (rather good) Symbian sales figures, since I've never owned a Symbian phone and don't have any intention to get one. I think Nokia is a really stupid company that really messed up their market leadership even when they had one of the biggest research budgets in the world and that they seriously wasted a perfectly good opportunity with Maemo even before Android were a contestant. Bah!
I feel it's kinda ironic that it's me that have to pull out these (rather good) Symbian sales figures, since I've never owned a Symbian phone and don't have any intention to get one. I think Nokia is a really stupid company that really messed up their market leadership even when they had one of the biggest research budgets in the world and that they seriously wasted a perfectly good opportunity with Maemo even before Android were a contestant. Bah!
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The problem is that the market doesn't like this fishy deal, thus reflect that in their stocks value accordingly.
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