The Following 2 Users Say Thank You to cBeam For This Useful Post: | ||
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2011-06-07
, 21:36
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Posts: 304 |
Thanked: 233 times |
Joined on Jul 2009
@ São Paulo, SP, Brasil
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#82
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http://press.nokia.com/2011/04/21/no...-eps-eur-0-09/
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2011-06-07
, 21:53
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Posts: 519 |
Thanked: 366 times |
Joined on Sep 2009
@ North Carolina (Formerly Denmark and Iceland)
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#83
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Ericsson, your posts are refreshingly optimistic (or hellofalot naive).
Here is how it went:
- Nokia’s share price is on a downward trajectory since fall 2007.
- Finally (way too late) the board decides to act and brings in a new CEO to turn the company around.
- During the first few months on the job the share price stabilizes and increases (Qt-strategy with MeeGo and Symbian; S40).
- Feb 2011: The CEO burns the platform, announces death of Symbian, and commits Nokia to WP.
- Nokia’s share price loses more than 40% since the announcement. Fitch downgrades Nokia’s bond rating two notches to one notch above junk.
- Nokia is falling off the cliff. There will be no more Nokia as an independent concern of any relevance pretty soon.
Is Elop the only culprit? No, but he is the CEO and was hired to make Nokia successful again.
40% down is no success.
Investors do not buy his strategy (20% drop after WP announcement 2/11) nor his execution (20% down after profit warning 5/11).
The Following User Says Thank You to olighak For This Useful Post: | ||
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2011-06-07
, 22:18
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Posts: 89 |
Thanked: 24 times |
Joined on Jun 2006
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#84
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The Following User Says Thank You to Vinh For This Useful Post: | ||
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2011-06-07
, 22:30
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Posts: 673 |
Thanked: 856 times |
Joined on Mar 2006
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#85
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That's for sure. Even when a CEO fails miserably, s/he can claim that s/he is more experienced now and knows what *not* to do the next time. Company boards seem to go for that every time...
The Following User Says Thank You to momcilo For This Useful Post: | ||
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2011-06-07
, 22:37
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Guest |
Posts: n/a |
Thanked: 0 times |
Joined on
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#86
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2011-06-07
, 22:56
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Posts: 49 |
Thanked: 39 times |
Joined on May 2011
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#87
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Now let's put them together. Low selling WP7 + lack of releases = two wrongs. There's nothing right in that equation.
Savvy?
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2011-06-07
, 23:02
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Posts: 62 |
Thanked: 62 times |
Joined on Jul 2010
@ New Hampshire, US
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#89
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So what you are saying is MS will crash along with Nokia? if so that is a complete never going to happen simply because of the size of them unlike tiny companies in comparison you have named.
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2011-06-07
, 23:41
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Banned |
Posts: 974 |
Thanked: 622 times |
Joined on Oct 2010
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#90
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Ericsson, your posts are refreshingly optimistic (or hellofalot naive).
Here is how it went:
- Nokia’s share price is on a downward trajectory since fall 2007.
- Finally (way too late) the board decides to act and brings in a new CEO to turn the company around.
- During the first few months on the job the share price stabilizes and increases (Qt-strategy with MeeGo and Symbian; S40).
- Feb 2011: The CEO burns the platform, announces death of Symbian, and commits Nokia to WP.
- Nokia’s share price loses more than 40% since the announcement. Fitch downgrades Nokia’s bond rating two notches to one notch above junk.
- Nokia is falling off the cliff. There will be no more Nokia as an independent concern of any relevance pretty soon.
Is Elop the only culprit? No, but he is the CEO and was hired to make Nokia successful again.
40% down is no success.
Investors do not buy his strategy (20% drop after WP announcement 2/11) nor his execution (20% down after profit warning 5/11).
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Tags |
free fall, nok+ms rox more, popcorn anyone?, yes please |
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Here is how it went:
Is Elop the only culprit? No, but he is the CEO and was hired to make Nokia successful again.
40% down is no success.
Investors do not buy his strategy (20% drop after WP announcement 2/11) nor his execution (20% down after profit warning 5/11).