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[WSJ] Nokia Crisis Deepens, Shares Plunge

post #1 of 22
Thread Starter 
Quote:
The company's American depositary shares slid 16% to a 15-year low of $4.24 in New York. Its market capitalization now stands at $16 billion, down from $90 billion five years ago.

In the U.S. and in other big markets for high-end smartphones, Nokia has struggled to gain traction despite a big bet on high-end devices powered by new software developed by Microsoft Corp.

http://online.wsj.com/article/SB10001424052702304356604577337452563544904.html

looks like Nicki Minaj isnt doing her job right laughingsmiley.gif
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post #2 of 22
The effects of Windows Phone haven't been felt yet. Once all the issues are sorted(they already have been), they'll make a recovery.
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post #3 of 22
An issue arose and stocks fell. Big whoop. The issue is getting fixed, and life goes on. When a company is trying to make a comeback in a competitive market, they have to make sacrifices in order to gain market share. Every company goes through this stage at one time or another. The ones with good products and smart plans to sell those products emerge victorious. You pointed out yourself that the phone has only been out for a few days... it's a little early to be counting Nokia down and out.

kingping1031, we all know you hate the L900. This article isn't helping you make your case. rolleyes.gif
Edited by Mad Pistol - 4/11/12 at 8:33pm
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post #4 of 22
Thread Starter 
Quote:
Originally Posted by Mad Pistol View Post

An issue arose and stocks fell. Big whoop. The issue is getting fixed, and life goes on. When a company is trying to make a comeback in a competitive market, they have to make sacrifices in order to gain market share. Every company goes through this stage at one time or another. The ones with good products and smart plans to sell those products emerge victorious. You pointed out yourself that the phone has only been out for a few days... it's a little early to be counting Nokia down and out.
kingping1031, we all know you hate the L900. This article isn't helping you make your case. rolleyes.gif

Well I can't argue with you as it seems that you have a crystal ball in your possession.

What I can see are facts, that Nokia's share price dropped to a 15 year low days after the release of the Lumnia 900 and their extravagant performance in Times Square.
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post #5 of 22
I have to say after playing around with the l900 today I was a little bit disappointed. The OS didn't feel very snappy, and the phone felt more 'brick'ish than I thought it was going to.

Not a horrible phone, just not what I had expected from reading reviews and whatnot.
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post #6 of 22
Quote:
Originally Posted by kingping1031 View Post

Well I can't argue with you as it seems that you have a crystal ball in your possession.
What I can see are facts, that Nokia's share price dropped to a 15 year low days after the release of the Lumnia 900 and their extravagant performance in Times Square.

I could say the same thing about you, speaking doom and gloom for Nokia. They were already on the down slide. It's only natural that the company will get worse before it gets better. It happens a lot in the business world. Take a note or two from Ford's playbook... they did it right, and Nokia seems to be following the same business model (without the massive bailout, of course).

What is your agenda exactly? You've done nothing but speak poorly of this phone since day one, even going as far as saying the reviews were "subpar at best" in one of your posts. When flatly proved wrong, you went and found this article and are now clinging on to it like it's YOUR crystal ball into Nokia's future.

In other words, the only thing that is crystal clear at this point is how ironic your post is. rolleyes.gif
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post #7 of 22
Thread Starter 
Quote:
Originally Posted by Mad Pistol View Post

I could say the same thing about you, speaking doom and gloom for Nokia. They were already on the down slide. It's only natural that the company will get worse before it gets better. It happens a lot in the business world. Take a note or two from Ford's playbook... they did it right, and Nokia seems to be following the same business model (without the massive bailout, of course).
What is your agenda exactly? You've done nothing but speak poorly of this phone since day one, even going as far as saying the reviews were "subpar at best" in one of your posts. When flatly proved wrong, you went and found this article and are now clinging on to it like it's YOUR crystal ball into Nokia's future.
In other words, the only thing that is crystal clear at this point is how ironic your post is. rolleyes.gif

I seems like you are out to get me tracking my entire post history and all but I'll put it the best way I can. I have nothing against Nokia and MS, in the past couple of decades I have used both of their products extensively and I loved them. I'm not a world class CEO and you dont need to be one to see that Nokia is heading down the wrong track with this one, not to mention they should fire their entire US Marketing department.

Since you have followed my posts so closely then I dont need to explain what Nokia needs to do to get back on track, if WP8 fails and Windows 8 turns out to be the next Vista (lets be honest here it is already pissing off a lot of people even in the Beta stage) then this will bring down both Nokia and MS.
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post #8 of 22
Quote:
Originally Posted by kingping1031 View Post

I seems like you are out to get me tracking my entire post history and all but I'll put it the best way I can. I have nothing against Nokia and MS, in the past couple of decades I have used both of their products extensively and I loved them. I'm not a world class CEO and you dont need to be one to see that Nokia is heading down the wrong track with this one, not to mention they should fire their entire US Marketing department.
Since you have followed my posts so closely then I dont need to explain what Nokia needs to do to get back on track, if WP8 fails and Windows 8 turns out to be the next Vista (lets be honest here it is already pissing off a lot of people even in the Beta stage) then this will bring down both Nokia and MS.

Its just that metro doesnt work out with a mouse and keyboard
post #9 of 22
Quote:
Originally Posted by kingping1031 View Post

I seems like you are out to get me tracking my entire post history and all but I'll put it the best way I can. I have nothing against Nokia and MS, in the past couple of decades I have used both of their products extensively and I loved them. I'm not a world class CEO and you dont need to be one to see that Nokia is heading down the wrong track with this one, not to mention they should fire their entire US Marketing department.
Since you have followed my posts so closely then I dont need to explain what Nokia needs to do to get back on track, if WP8 fails and Windows 8 turns out to be the next Vista (lets be honest here it is already pissing off a lot of people even in the Beta stage) then this will bring down both Nokia and MS.

I actually thought the advertising campaign was quite creative. It got my attention for sure.

I'm reading a lot of speculation and somewhat biased predictions, and not a lot of facts. Just humor me and everyone else who reads this thread and explain why Nokia is heading down the wrong track... it looks like they're legitimately trying to make a comeback with the L900 with quite a bit of success so far.

And I'm not tracking your post history. Just calling you out on things that you've said in previous threads on the same topic. I'm not out to get you at all, just trying to show you and others that your predictions are unfounded based on current sales trends. It's hard to argue when the numbers for the L900 tell a story that is polar opposite of what you're claiming.

And don't bring Windows 8 into this. It's an OS that was first designed for tablets and smartphones and then adapted to larger x86 platforms. You're grasping at straws if you believe there is a legitimate connection there.
Edited by Mad Pistol - 4/11/12 at 9:33pm
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post #10 of 22
Quote:
Originally Posted by kingping1031 View Post

I seems like you are out to get me tracking my entire post history and all but I'll put it the best way I can. I have nothing against Nokia and MS, in the past couple of decades I have used both of their products extensively and I loved them. I'm not a world class CEO and you dont need to be one to see that Nokia is heading down the wrong track with this one, not to mention they should fire their entire US Marketing department.
Since you have followed my posts so closely then I dont need to explain what Nokia needs to do to get back on track, if WP8 fails and Windows 8 turns out to be the next Vista (lets be honest here it is already pissing off a lot of people even in the Beta stage) then this will bring down both Nokia and MS.

Is this all you do, rag and rag on Nokia and WP7? What is your problem?

Explain how Nokia is heading down a wrong path? This is their only path left. Windows Phone is an awesome start for them. How is it not?
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