Let's talk Nokia stock. Really. - Page 237 - maemo.org

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gerbick	2016-05-25 , 16:34
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Originally Posted by mikecomputing

OMG! Who wake up this thread again

Definitely not the people that owned $NOK stock. Those people lost their asses on that investment.

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	danramos	2016-12-13 , 10:00
	Posts: 4,672 \| Thanked: 5,455 times \| Joined on Jul 2008 @ Springfield, MA, USA	#2362

Originally Posted by gerbick

$NOK is 5.36 right now. And let's be honest, the feature phone business was not a good revenue for income for Microsoft - who's stock has been jumping by leaps and bounds as of late.

Elop did what Ballmer wanted; not what Nadella needs for his future view of Microsoft.

And with a global presence of less than 1%, they've now become as forgotten as BlackBerry. Microsoft has already written off $7.2 Billion around the Nokia purchase.

Feature phones COULD have been good revenue if they were designed and marketed right but, more importantly, Microsoft couldn't convince people that their disease-ridden, half-assed operating system was something people would want or trust on their phones--especially after screwing past customers repeatedly with every new iteration. Good riddance.

Originally Posted by gerbick

It just hit me... holy crap, a danramos sighting...

INDEED! IT IS I!

Originally Posted by gerbick

Definitely not the people that owned $NOK stock. Those people lost their asses on that investment.

If you can't evolve with beneficial traits to survive the environment, don't be surprised when you die off.

__________________
Nokia's slogan shouldn't be the pedo-palmgrabbing image with the slogan, "Connecting People"... It should be one hand open pleadingly with another hand giving the middle finger and the more apt slogan, "Potential Unrealized." --DR

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juiceme	2016-12-22 , 09:44
Community Council \| Posts: 4,920 \| Thanked: 12,867 times \| Joined on May 2012 @ Southerrn Finland	#2363

Might be relevant on stock market too?

https://www.nokia.com/en_int/news/re...-nokia-patents

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	danramos	2017-08-16 , 13:35
	Posts: 4,672 \| Thanked: 5,455 times \| Joined on Jul 2008 @ Springfield, MA, USA	#2364

Originally Posted by juiceme

Might be relevant on stock market too?

https://www.nokia.com/en_int/news/re...-nokia-patents

It's the only way Nokia knows how to make money, after Microsoft came in and sucked them dry like a thirsty, horny vampire.

https://www.theverge.com/2017/7/28/1...illion-dollars

Stock-wise... well, it's up 35% recently but... honestly, it's like saying that you've doubled your profits on an investment of a penny. Big deal. Their income is still sinking pretty badly. What did you expect when your clinically stupid executives decided to gut all your products and leave you with the crap you weren't even known for or best at.

https://www.fool.com/investing/2017/...-recovery.aspx

I'm not qualified to give investment advice but ... :P It doesn't look great to me.

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juiceme	2017-08-16 , 19:58
Community Council \| Posts: 4,920 \| Thanked: 12,867 times \| Joined on May 2012 @ Southerrn Finland	#2365

Originally Posted by danramos

It's the only way Nokia knows how to make money, after Microsoft came in and sucked them dry like a thirsty, horny vampire.

Well, as it really happened was that MS got the smelly end of the stick after all; things on the mobile devices division were speeding down the sink when Nokia was able to distangle from it, leaving MS to crash with it. As a consequence Nokia got some money out of a worthless business.

MS was not the cause of the original blunder, that was totally a homemade mess

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gerbick	2017-08-18 , 14:41
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Originally Posted by juiceme

Well, as it really happened was that MS got the smelly end of the stick after all; things on the mobile devices division were speeding down the sink when Nokia was able to distangle from it, leaving MS to crash with it. As a consequence Nokia got some money out of a worthless business.

MS was not the cause of the original blunder, that was totally a homemade mess

That's all past tense though. Now, $NOK could be seen as a moderate success if you got out before it dropped below $7 USD to like $4 USD and now it's back up to $6 USD.

But if you rode it all the way down, then that's just not smart. The rest is just fan talk. Loved their products, hated their internal politics, who cares in the end if you're an investor. As long as they make you money is the name of the game.

$MSFT stock is doing darn well. So to have the sticky end of the stick, that end must be coated in money as well it seems.

Note: I own both $NOK and $MSFT and have benefitted from both.