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Technology Stocks : Nokia (NOK)
NOK 6.500+1.9%Dec 19 3:59 PM EST

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Jurgis Bekepuris
To: AreWeThereYet who wrote (34594)9/3/2013 12:37:44 PM
From: neolib1 Recommendation  Read Replies (1) of 34857
 
Nokia phones weren't selling well but they didn't stop R&D.

My concern is that all that R&D has now gone to MSFT, so the new NOK will not be innovating and patenting in that field, MS will instead. So the patent IP has now started the downhill slide, unless they can milk more out of the current patents. Its like Kodak.

My view on NOK was that the phone side was what was providing the potential for a possible huge move up. They still were a very large phone player rapidly declining feature phone side, and still had significant brand image. All they needed to do was leverage that into the modern smartphone era, and they could potentially have had a liftoff. It was very risky of course, because historically #1 and #2 in any market take the bulk of the profits, and crumbs are left for the others.

But the markets NOK are left with are not IMHO very exciting, and they don't have the potential for rivaling Apple or Samsung anymore. There was at least that hope prior to lopping of their arms + legs here. Just my WAG.
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