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2011-06-01
, 12:32
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Posts: 249 |
Thanked: 277 times |
Joined on May 2010
@ Brighton, UK
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#12
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2011-06-01
, 12:47
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#13
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2011-06-01
, 13:02
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Posts: 1,062 |
Thanked: 961 times |
Joined on May 2010
@ Boston, MA
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#14
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2011-06-02
, 00:07
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Posts: 159 |
Thanked: 53 times |
Joined on Jan 2011
@ Romania, Cluj-Napoca
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#15
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The Following User Says Thank You to geojoking For This Useful Post: | ||
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2011-06-02
, 00:55
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Posts: 1,309 |
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Joined on Nov 2008
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#16
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2011-06-02
, 01:16
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Posts: 139 |
Thanked: 224 times |
Joined on Nov 2007
@ San Francisco, CA
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#17
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2011-06-02
, 01:20
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Posts: 1,425 |
Thanked: 983 times |
Joined on May 2010
@ Hong Kong
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#18
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Oh come on. Let's not blow this out of proportions. Sure, the stock plummeted today after the sales warning. It's normal for investors to be concerned for their profits. And when these fail to appear, they sell shares like "hot cakes".
But we should keep in mind that profits for Nokia have seen a general downward trend for a while now. And even without the Q1 incident in February, when they announced the strategy shift, share price and sales would still have seen a steady decrease. Meantime, the investments in R&D would have increased, at least at a rapid rate for Symbian. Plus, there was no way out of this paradox. Even if they tried (and still do try) to make Symbian a "digestible" OS, they won't succeed, because it can't compete with other mainstream OS's. And sales would still have decreased.
So, from my point of view, a shift in their strategy WAS needed. Too bad that MeeGo/Maemo got caught in the middle.
It will be interesting to see what happens when Q4 2011 and Q1 2012 results appear. Will we see a dramatic increase in sales and share prices after the Nokia-WP products are launched ?
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2011-06-02
, 01:28
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Posts: 1,309 |
Thanked: 1,187 times |
Joined on Nov 2008
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#19
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Wrong is:
- Nokia's management (at least since 2007)
- Nokia's execution (at least since 2007)
- Nokia's management (got even worse 2010)
- Nokia's execution (gets worse and worse)
- Nokia's strategy (since 2/11/2011)
That's wrong.
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2011-06-02
, 01:32
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Posts: 76 |
Thanked: 87 times |
Joined on Mar 2010
@ Scotland
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#20
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Tags |
free fall, nok+ms rox more, popcorn anyone?, yes please |
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Nokia needs a facelift. Nokia needs to a new identification. Nokia doesn't need WP7 unless they can do something with it that will make more than one sector take notice. Nokia needs to avoid becoming the newest version of the KIN. And they needed to have shown something from their February 2010 announcement of going MeeGo, followed by the hiring of Elop and his "burning ship" memo...
Nothing has been shown thus far and it's now mid-2011. So the stock price even being at $7.10 or so is testament to their prior position. They need to fix things, post haste or risk watching 8.90 to 7.10 being the second biggest drop after the next one.
No good news on the horizon for sales either? I'm waiting on the stock price to drop to $2.90.