Nokia.....
IMO whatever Nokia decides to do (if anything) is a vital matter for Nokia, a yawn for the Q
Given today's rumors about a NOK buyout of QCOM, and all QCOM shareholders' hopes about a chip deal with NOK, I figured it was time I begin to look at Nokia a little closer. I have never looked at the handset companies, figuring they would always be royalty, and mostly princes, and would be subject to commoditization eventually.
Nevertheless, came across this wonderful, amusing, and very thorough discourse by The Motley Fool, TMF Mycroft. I recommend it as essential reading to all those not intimately knowledgeable about Nokia.
boards.fool.com
I would first like to hear from BB and Merlin, as to what they think about TMF Mycroft, who waxes quite passionately about Nokia.
I post this to Cha2, because I have deep respect for his views, and because this hyperlinked post is in direct contradistinction to Cha2's views. Cha2 hints that Nokia is in trouble, without Qcom/CDMA, and may be in trouble even with it, because of the coming handsets from Korea/Japan. TMF Mycrofts paints a different picture. Would like to hear from Cha2 on this.
Finally, TMF Mycroft states repeatedly that Nokia's CEO has declared Nokia will have 30% of the CDMA market in 18 months. To my way of thinking, they either have perfected the phone/chip and will soon rollout; or they must soon deal with Qcom.
"The big mistake that I blame Nokia for is that they have missed a tremendous amount of Sales due to their inability to come to an agreement with Qualcomm on CDMA phones. The news now though is different. In the CNBC Interview with Maria B. last Friday, Nokia's CEO Jorma stated that he will in 18 months have a similar market share in CDMA phones as he does in all the other areas. This is the best news that my old tired ears could hear, for to explain how that relates to Wall Street. He meant that Nokia is shooting for a 30% market share in CDMA phones within 18 months!! This is tremendous news for the shareholders for we will be the king of Handsets in every category. I would watch for a massive campaign to be announced between Nokia and SprintPCS and Verizon . This shows me that Nokia feels that it can do whatever it wants whenever it feels like it. We are now the 800-pound Gorilla in the wireless field."
Comments one and all??????
Apollo |
