Thread: Let's talk Nokia stock. Really.
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danramos is offline danramos
2016-12-13 , 10:00
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#2362
Originally Posted by gerbick View Post
$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 View Post
It just hit me... holy crap, a danramos sighting...
INDEED! IT IS I!

Originally Posted by gerbick View Post
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.
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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