Thread: Let's talk Nokia stock!
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danramos is offline danramos
2010-06-16 , 15:26
Posts: 4,672 | Thanked: 5,455 times | Joined on Jul 2008 @ Springfield, MA, USA
#7
Originally Posted by ysss View Post
The truly interesting things in the pipelines are way way way distant.

They've managed to maintain (well +1% increase) their high end smartphone marketshare by lowering their average sell price from 190E to 150E. I expect this strategy to fail this quarter.. there's not much more to give while the competitions are stepping up.

More downtrend for at least another 9+ months unfortunately...
If only they had another market to fall back on besides the cell phone market in the meantime while they try to fix their cellphone market-share! You know.. something they were uniquely ahead on. Say, INTERNET TABLETS. Especially seeing as how Starbucks and McDonald's are both now offering FREE wifi in all their locations. Nobody is going to particularly care about having a 3G radio in their device anymore. Hell, the iPad people aren't even going to bother with 3G anymore either. Apple, once again doing the smart thing, doing something I kept suggesting all along: offer a non-cellphone version of your f***ing device (cheaper, lighter, etc.)

Nokia had opportunity and pissed it away, as usual.