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Technology Stocks : Nokia (NOK)
NOK 6.795-0.6%11:50 AM EST
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To: niceguy767 who wrote (32848)5/10/2013 8:32:54 PM
From: sylvester80  Read Replies (1) of 34857
 
I'm long Nokia but bottom line is that it does not matter how good Nokia's phones are. Cause everything hinges on how good the Windows Phone OS does in the market place with user adoption. And single digits market share is pathetic and an utter failure after 3 years. And my guess is we are going to look on Dec 31st 2013 and Windows phone will still be in single digits. Android 3 years after its release had 53% market share.

Here is proof: articles.businessinsider.com

Nokia is shackled with an OS loser. Windows Phone should have had 20-25% market share minimum by its 3rd year to call it a successful OS. Instead here we sit at 5-6%. It's pathetic for a company that once owned the mobile OS space along with Nokia's Symbian. Google was right when they said "a pair of turkeys do not an eagle make".

And I dare not think at what price would we be if we were not in this tremendous bull market with insane valuations and all time highs every day, with some stocks rising 10-30% per day. Nokia needs to show progress by overall REVENUE GROWTH not by cost cutting. Of course you have to fire people and close plants and cut costs when in 3 years your sales have imploded. Nokia should have tied up with a winner OS but instead they picked a loser.
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