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    Nokia is the McDonalds of Phones

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    etuoyo | # 51 | 2010-09-17, 13:00 | Report

    Originally Posted by ossipena View Post
    whats this thing with possible, vary, may etc? Your statement was a bit more solid earlier wasn't it?
    Really? This is what I said:

    "The more money a company makes the more money it has for R&D which means the more likely it is to make a super amazing product."

    It does not anywhere state eg that if you have profits of $1bn you have R&D budget of $500m but if profit falls to $500m then R&D budget falls to $250m. You may have read it along those lines but in no way does it say that.

    What it simply says is the more money a company has the more money it has for R&D. Obviously! A company that has $1bn in cash is in all probability not going to have the same R&D budget if all of a sudden it has only $50m in cash.

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    gerbick | # 52 | 2010-09-17, 13:07 | Report

    After a hallmark year in 2007, the decline from 2008 to present day in Nokia's earnings have been somewhat significant, but they also had assimilated Navteq and incurred other reasons for losses.

    Let's see what the next two years bring about.

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    Näky | # 53 | 2010-09-17, 18:29 | Report

    Originally Posted by etuoyo View Post
    What it simply says is the more money a company has the more money it has for R&D. Obviously! A company that has $1bn in cash is in all probability not going to have the same R&D budget if all of a sudden it has only $50m in cash.
    From nokia.com financials:
    "Total cash and other liquid assets of EUR 9.5 billion at the end of Q2 2010."

    No drops there.

    Originally Posted by
    I am shocked to hear that Nokia's profits dropped from $9bn to $300m in just two years. That is the most shocking profit drop I have ever heard and probably one of the greatest drops in history for any company.
    Nokia still made profits. And it´s mobile phone division have made profits every single quater for over a decade.

    Comparison to Motorola 2006->2008 net earnings dropped from $3.7 billion to $-4.2 billion. Thats real loss.
    link to moto numbers

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    Last edited by Näky; 2010-09-17 at 18:32. Reason: error in link
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    SAABoy | # 54 | 2010-09-17, 18:42 | Report

    Originally Posted by Descalzo View Post
    Wait a minute, I would think that Nokia's sustainability would make it MORE like McDonald's, which has demonstrated that it has the most sustainable business model for fast food.

    What am I missing?

    Is red font supposed to mean sarcasm?
    i dont knoe what a sustainable business model is, but from wat i understand its operations are horribly unsustainable, from how much water is used to make their "food", to how "cows" are being raised, to how they stiff arm real farmers who dont succumb to their corporate bullies...

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    ossipena | # 55 | 2010-09-17, 19:07 | Report

    Originally Posted by etuoyo View Post
    Really? This is what I said:

    "The more money a company makes the more money it has for R&D which means the more likely it is to make a super amazing product."

    It does not anywhere state eg that if you have profits of $1bn you have R&D budget of $500m but if profit falls to $500m then R&D budget falls to $250m. You may have read it along those lines but in no way does it say that.

    What it simply says is the more money a company has the more money it has for R&D. Obviously! A company that has $1bn in cash is in all probability not going to have the same R&D budget if all of a sudden it has only $50m in cash.
    this is unbelieveable. Please study a bit more. Your logic is bit like "I ate an apple, that is why my car ate gasoline 7l/km"

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    shockgiga | # 56 | 2010-09-17, 19:35 | Report

    regardless of how much profit drop has happened and where nokia is standing right now, fact is nokia is still on top of apple in global revenue according to this page:
    http://en.wikipedia.org/wiki/List_of...logy_companies

    fact is. apple only brags about their US sales figures.

    they may be the leading smartphone manufacturer right now, but it will not stay like that forever. like how bill gates is not the worlds richest man anymore and like how samsung beat hp as the world's largest tech company. people will one day get tired of their eye candy, no-input proprietary devices with frivolous, only a kid would enjoy apps.

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    SAABoy | # 57 | 2010-09-17, 20:19 | Report

    Originally Posted by ossipena View Post
    this is unbelieveable. Please study a bit more. Your logic is bit like "I ate an apple, that is why my car ate gasoline 7l/km"
    i dont see whats wrong with his statement. if a company makes less money (i know i should use proper terminology but im not comfortable enough...) then they might tend to spent less on RD... this seems logical unless thats some sort of tech company red flag noob decision to make... otherwise, less income leads to cutting costs...

    is there maybe a language barrier thats contributing to the confusion?

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    SAABoy | # 58 | 2010-09-17, 20:22 | Report

    id like to say that even through my rose-ish colored nokia glasses, the usa market is looking pretty bad to me, for nokia... apple and android phones are owning freaking noobs all over the place, so much so that my glasses got slapped off my face, spat on, and then stomped by the apple and android gang...

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    bsving | # 59 | 2010-09-17, 21:00 | Report

    Originally Posted by etuoyo View Post
    What I do know is that Nokia has always been king but is far from king now and something needs to be done to arrest the situation before it gets even worse. I think Nokia recognises that which is why it has taken on a new CEO.
    Are you people blind or something. The solution is here, N8, E7, Symbian^3, and soon (a couple of months maybe) two more phones with Symbian^3.

    Forget about MeeGo as a "savior" for Nokia. On comparable HW, Symbian will always win.

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    wmarone | # 60 | 2010-09-17, 21:05 | Report

    Originally Posted by bsving View Post
    On comparable HW, Symbian will always win.
    You can think that, but I assure you that I'd never have bought an N900 if it ran Symbian. Certainly I'm not alone in this.

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