Welcome to the Windows Central Forums Create Your Account or Ask a Question Answers in 5 minutes - no registration required!
Results 1 to 8 of 8
  1.    #1  
    What's with Nokia's stock price dropping today? Is there some news we should be hearing about??? Its getting close to where I'll only have made $1 a share!
    - Rich


    WPCentral.com | WPCentral Store | Mobile Nations Forum Rules

    Join Bing Rewards and get rewarded - and get me a few bonus points!
  2. anthonyng's Avatar
    Member

    Posts
    271 Posts
    #2  
    seems related to some tax issues in india? And everytime euro reports something new and bad the stock seems to drop too.
  3. martinmc78's Avatar
    Member

    Posts
    2,716 Posts
    #3  
    Would expect price to keep dropping until the q4 earnings release at the end of the month.

    Sent from my Windows 8 device using Board Express
  4. pavvento's Avatar
    Member

    Posts
    408 Posts
    Global Posts
    1,434 Global Posts
    #4  
    Quote Originally Posted by anthonyng View Post
    seems related to some tax issues in india? And everytime euro reports something new and bad the stock seems to drop too.
    I agree with this- I think Nokia is building confidence (hence the steady climb) but incidents like this will leave investors skeptical. In my uninformed opinion I think it is normal to see a fallback after big gains as people question whether the new price ($4.22) is actually sustainable without concrete facts.
    ----
    My Device History circa 2007:

    Nokia 1020 > Nokia 920 > Nokia 900 > HTC Titan > HP Pre 3 > HP Veer > Palm Pre 2 > HTC Evo > Palm Pre > iPhone 3G > iPhone
  5. riffraffy's Avatar
    Member

    Posts
    269 Posts
    #5  
    I think reports of a low-priced, emerging markets, iPhone are compounding today's rout. That has me more worried than what I perceive as a cash grab by overzealous Indian officials. FWIW, I think the India tax issue will fizzle out, once India sees the response by other international companies by way of threats to reduce their investments in India.
  6. vormison's Avatar
    Member

    Posts
    202 Posts
    Global Posts
    203 Global Posts
    #6  
    I think one reason was their not coming straight out and being vocal about expanding their market to Android. Saying that, if WP8 continues to gain marketshare, Nokia is leading the way. Lets just hope MS doesn't mess it up for them.
  7. riffraffy's Avatar
    Member

    Posts
    269 Posts
    #7  
    This might have helped the Nokia "raid" story perspective. From October 2012:

    Software sector to gain from Nokia tax case ruling

    A recent ruling by the Delhi High Court on taxability of payment for software supplied along with hardware is a huge relief for the software industry.

    The High Court ruled in a case of Nokia Networks that payment for software would not qualify as ‘royalty’ under the India-Finland Double Taxation Avoidance Agreement (DTAA).

    Business Line : Industry & Economy / Info-tech : Software sector to gain from Nokia tax case ruling
    Retrospective amendment cannot override treaty; Sale of copyrighted article not taxable as royalty
  8. Bkr11's Avatar
    Member

    Posts
    159 Posts
    Global Posts
    182 Global Posts
    #8  
    lol....nice movement today ;-)
    Thanked by:

Similar Threads

  1. Any Good App Discovery/Price Drop App?
    By Frenzytom in forum Windows Phone Apps
    Replies: 6
    Last Post: 12-07-2013, 11:10 AM
  2. Price drop for Navigation app Speed Tracker!!!
    By Alexis_C in forum App Spotlight
    Replies: 0
    Last Post: 05-26-2012, 12:27 AM
  3. How many of you own Nokia stock?
    By tekhna in forum The "Off Topic" Lounge
    Replies: 1
    Last Post: 05-02-2012, 08:42 PM
  4. Games In Need Of A Permanent Price Drop
    By Gemini Ace in forum Windows Phone Games
    Replies: 12
    Last Post: 04-28-2012, 08:37 AM
  5. [App Easter Egg] Cryp2pass Price Drop
    By Cryp2pass in forum App Spotlight
    Replies: 0
    Last Post: 04-05-2012, 01:18 PM

Posting Permissions