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gerbick's Avatar
Posts: 6,645 | Thanked: 14,894 times | Joined on Jul 2007 @ undecided.
#2361
Originally Posted by mikecomputing View Post
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's Avatar
Posts: 4,672 | Thanked: 5,453 times | Joined on Jul 2008 @ Springfield, MA, USA
#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
 
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#2363
Might be relevant on stock market too?

https://www.nokia.com/en_int/news/re...-nokia-patents
 
danramos's Avatar
Posts: 4,672 | Thanked: 5,453 times | Joined on Jul 2008 @ Springfield, MA, USA
#2364
Originally Posted by juiceme View Post
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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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
 
Community Council | Posts: 4,440 | Thanked: 11,081 times | Joined on May 2012 @ Southerrn Finland
#2365
Originally Posted by danramos View Post
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
 
gerbick's Avatar
Posts: 6,645 | Thanked: 14,894 times | Joined on Jul 2007 @ undecided.
#2366
Originally Posted by juiceme View Post
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.
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mosen's Avatar
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#2367
 
Posts: 39 | Thanked: 113 times | Joined on Apr 2010 @ Norway
#2368
Originally Posted by mosen View Post
Medium just published an article with the full translation of the finnish "Operation Elop" book.
If someone is interested in some necromancing
This book will be very interesting.
 
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