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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: zax who wrote (34724)	9/7/2013 12:35:15 PM
From: niceguy767	Respond to of 34857

Exactly...Well said!

To: zax who wrote (34724)	9/7/2013 7:50:04 PM
From: pyslent	Respond to of 34857

Deleted

To: zax who wrote (34724)	9/7/2013 7:50:05 PM
From: pyslent	Read Replies (1) \| Respond to of 34857

"Microsoft spent a lot of money to buy something completely worthless; and Microsoft ripped off something incredibly valuable for next to nothing" See, when you put it that way, it is not logical. So the logical conclusion is it's neither worthless nor incredibly valuable, it's worth what they paid for it. But it goes without saying that it would have been worth more, much more, if it was on the verge of a turnaround. Ergo, it wasn't. As you wrote: MS will have to invest a lot more going forward if they are to see success. I think it's also worth noting that MSFT bought an asset that has strategic value even if it doesn't generate profit. MSFT can choose to sell Lumias at a loss to build up market share where it did not make sense for Nokia to do so. I don't think we will see flagship phones launch at $300 under Microsoft's rule.