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2011-02-14
, 12:15
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Posts: 7,075 |
Thanked: 9,073 times |
Joined on Oct 2009
@ Moon! It's not the East or the West side... it's the Dark Side
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#212
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2011-02-14
, 13:34
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Posts: 356 |
Thanked: 231 times |
Joined on Oct 2007
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#213
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2011-02-15
, 01:23
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Posts: 4,672 |
Thanked: 5,455 times |
Joined on Jul 2008
@ Springfield, MA, USA
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#214
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2011-02-17
, 15:19
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Posts: 118 |
Thanked: 202 times |
Joined on Aug 2010
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#215
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2011-02-17
, 15:35
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Guest |
Posts: n/a |
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#216
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How many of you were/are investors? I remember that when some of us were pointing and saying, 'This isn't good', looking at the stock and at the market shares, the reaction was something along the lines of standing up to say they owned stock and believed it was a solid investment and that the numbers didn't include Asia and other markets as if those markets would float the company along just fine, ignoring the failures in the rest of world and especially in North America and even within Europe. Is this still the case?
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2011-02-17
, 15:39
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Posts: 94 |
Thanked: 59 times |
Joined on Jun 2010
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#217
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2011-02-17
, 15:42
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Banned |
Posts: 706 |
Thanked: 296 times |
Joined on May 2010
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#218
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2011-02-17
, 16:05
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Posts: 733 |
Thanked: 991 times |
Joined on Dec 2008
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#219
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2011-02-17
, 16:47
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#220
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That is why you don't EoL something without having its sucessor ready and providing your customers a transition path.
Elop's handling of the "strategic change" will go down in history as a textbook case of how not to do such an announcement.
Tags |
goodbye nokia, investing, last quotes, lumiatard, samsung, specc=ericsson, stock, the elop flop, the flop elop, tizen |
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- nothing is proposed for the short-term. And even worst: there is now less short-term perpective than a week ago: Symbian could have kept maybe 15 to 20% of the market at the end of 2011. Now this is possible that Symbian will become marginal quickly.
- the long-term is doubtfull.
So share prices is going down and it will continue for sure.
Especially because in the finance, I guess that what is the most important is the short-term. They do not care too much if Nokia succeed in two or three years with WP.
And I am pretty sure that Elop is not too much surprised about the decrease. How come it could have been different: they announce a new partnership with nothing in hands (except image of a concept phone). In the mean time, their leading platform is going to die with only two hopes: most consumers will not know that + mobile operators will keep subsidize their coming symbian phones (and it will be the case if they prefer M$ to Google). That is still a crazy challenge but Nokia has good relations with operators.
However I think that a proposal with Android would have been more or less the same for the finance. Because what is the most important is that Nokia has nothing to show and to sell with their committed main partner.
The fact that they announce it now comes probably from M$. The announcement is helping current sell and attraction of WP7. And Nokia had to say it because otherwise, there was a possibility that they had become too small (think about 2012) to be a strong partner for M$: remember that Nokia will sell services to M$.
And if WP7 is selling well in 2011, it is probably a good sign for Nokia sales for 2012.
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