- 05-01-2012, 09:59 AM #1
- 05-01-2012, 11:47 AM #2
Mostly right. Nokia didnt seem to expect on the big move away from cheap old fashioned symbian handsets to cheap android ones. Big part of revenue gone because they didnt keep up. I always thought it was a big mistake for MS to not get into the cheaper end of the market straight away. The lumia range has been a sucess compared to other WP7 handsets, but not compared to any other OS. not enough.
Wouldnt surprise me to see Microsoft buy it once its gets nearer to collapse (and cheaper).
05-01-2012, 11:54 AM #3
- 755 Posts
I don't know, with the boom that has been the Nokia Lumia line, I'd say buy buy buy. But I'm no stock trader or anything. All I know it that Nokia is building it's reputation back. people love the 800 and the 900 along with the 710 and the other windows phones. The cool part is, WP7 is not as complete as WP8 will be. Nokia is building momentum and gearing up for a good 2013. It's already been proven that Nokia actually listens more than other companies, so I'm almost certain we will be getting more of what we want in October.
The world is getting a taste right now, then people will be seeing what WP8 is all about.
- 05-01-2012, 11:56 AM #4
It's possible they turn it around, but they're in a bad place right now, where their core market is eroding, they're still selling 5 times more Symbian phones than WP phones, and Apollo is right around the corner with a new generation of hardware. There's a decent chance Nokia sells well in the US, but it's probably not enough to stop the hemorrhaging, and the decision to go WP over Android might have lost them Europe.
All that being said, their stock is really, really cheap right now.
Edit: But please don't take the stock advice of strangers on the internet, please. Talk to your financial planner, or do your own research, but buy or sell based on the strength of the company, not your belief, or not, in the company.
- 05-01-2012, 12:52 PM #5
They burned €1.5 billion in the past year, probably the worst year in the history of the company
Within that, this last "disastrous" quarter they burned €700 million in cash
Even if Nokia has no recovery and continues to burn money at these rates, it has anywhere from 2-3 years of gas in the tank
- 05-01-2012, 01:49 PM #9
I wonder how much worse the situation would look with out the multi-billion dollar cash infusion Microsoft gave Nokia.
- 05-01-2012, 01:58 PM #10
Anyway, to take a quarter where Nokia was ramping up spend for a big launch in the US (with obviously no corresponding revenue due to launch in Q2) and just starting its pivot to actually producing and selling Windows Phones and extrapolate that out seems a bit harsh to me. I'm very interested in seeing Q2 numbers, I think that's when you can start to get a sense of whether Nokia can stabilize the ship with an eye towards actually righting the ship in Late 2012 / 2013
- 05-01-2012, 03:31 PM #11
05-01-2012, 04:59 PM #12
- 166 Posts
The way I see it, big risk, big reward. With Microsoft making a push, my latest investments include Microsoft, Intel, Nokia (long) and Alcatel-Lucent (watching carefully).
Sorry if this shows up again but I thought I hit send on my phone but never saw the post, hehe.
Sent from my Lumia 900 using Board Express
- 05-02-2012, 01:41 PM #14
As Warren Buffet says, you invest in something you believe in. If you have to like the product then look at the business. For me, and my personal experience with the Lumia 900, it is a solid idea that wasn't executed. There are many issues, hardware I am talking about before I would invest in a company. I happy with the product they created. If it was executed with little hardware issues then I would invest.
Lets see how the next few quarters go and the next version of the Lumia line.
05-03-2012, 04:03 PM #15
- 166 Posts
- 05-04-2012, 10:32 AM #17
Sitting a 3.20 right now. How long before it hits 3.00 even? I'd think about buying a 3.00, if only because it's a takeover target at 3.00. Was there some news I missed that it fell so much in overnight trading?
- 05-04-2012, 10:35 AM #18
05-06-2012, 08:02 PM #20
- 573 Posts
I bought Nokia, I'm down $1.56.00 pre share. But then I bought again at $3.30 per. Look even if it drops down even more I would buy it again. First off, the numbers we are seeing now are actually transition numbers. Shifitng gears the way Nokia is doing was going to be costly. Though I don't think they saw it as being this costly. Nokia has a great backbone company wise. so even if the company looks crappy on the market. it may look very diclinous to another. Plus I don't think that Microsoft will allow Nokia to fail because that would be mean the billions invested in WP would be lost as well. I think when win8 and wp8 come we are going to see some big spikes in WP usage in the coming new year. I think Nokia can ride it out. wouldn't be bad to see the stock come back up within the next 12-24 months. Really investing in Nokia is a bargain right now.