lots of morons bought the stock within last yr and they think this moron is taking care of business with msft.MSFT is using Nokia &nokia did
Not msft at that time.Nokia have $16.B dollars cash and number one seller in the world in sales and very profitable co with 31% market share world wide and have navteq, paid 8B dollars for it in 2006 and over 10,000 patents .they used to call it the king of patents in mobile industry and have NSN joined venture formed in 2007 b/w nokia and Siemens and invested over $5b.Last three yrs a guy call elop worked for msft for only two yrs as a executive for enterprise and have no experience what so ever in cell phone business injected by Dox&cox investors and couple of funds and msft conspirscy to let msft get in the game of mobile industry as a third ecosytem b/c their pc market is mature or call it dying and afraid from aapl and goog rev.In Q4 2010 nokia sold 113M phones world wide and 28M smartphones which is twice as much as iphone and four time as much as Samsung android and very profitable and pat 57c dividend annually.Elop only worked for msft for two yrs from 2008-2010 and oner for jnpr as coo 2006-2007and they let him go and one yr for adbe as coo from 2005-2006 and they let him go .B/f that he was a ceo for co called macromedia from 1999-2005 and sold it to adbe.B/f all that he worked boston chicken that filed for bkrp as an IT manager.He is not a turn around specialist.Nokia was afraid from the competition that is coming to face in the future with noise are coming from aapl and goog.and ask him to do what ever it takes to fend off the comp and keep nokia as the king of mobile industry.Even me I was deceived with this moron b/c of his lying habits as he is going to be saviour of nokia.The first three months in the job he was planning to kill nokia R&D and layoff 40K employees except himself and sold nokia nokia hq and burn over 5.6B dollars in cash and killed nokia meego project that they worked in it for three yrs with intc and sold their vertu business for a peanut.I can go on and on.Totally,he destroyed 150yrs old co with his burning platform window phone .
What you are saying is true. the bright side is that if Elop does miss again on earnings, Q2, or Q3 I would guess he will be gone, stock price would collapse and you'd have an opportunity to load up at $2-2.50 and hope they get a real CEO with vision who is savvy. A good CEO can get this thing back to $10.00 by reinventing the company.
Nokia could do so much more than just sell phones and maps.