Right about now, I suspect Ackman is out on a ledge on some high-rise building in NYC, wondering why nobody takes him seriously.
Nokia demonstrated a watch/wearable concept device. The prototype was hideous but the concept was interesting. Modular design. But if it's a wearable device they're already way late to the game.
Since it won't be a phone, what's possible? A new router or wireless base station? A handheld GPS device? I don't see them "disrupting" with any of that.
Partly Ericsson taking share from Nokia, but I think it's more about the (possibly) shrinking margins. But hey, what do I know? Nokia could blow away the numbers and spike above $8 on the opening. I'll always have a soft spot in my heart for Nokia after spending years as a dedicated Symbian fanboy. :) But this isn't the same Nokia I knew and loved. And I have no skin in this game.
And considering how Ericsson just had a great quarter it's going to be tough for Nokia fans to accept what's shaping up as a bad quarter. Brace yourself for a rash of excuses from the Nokia apologists.
After reading the Reuters article this morning on Nokia's falling margins, I'm beginning to think they are lining up an excuse for a poor quarter.
"HELSINKI (Reuters) - Nokia is expected to report profit margin at its core networks business fell to 7.7 percent in the second quarter from 9.3 percent in the first quarter as a result of weaker software sales, a Reuters poll of analysts showed.
On Friday, Nokia's bigger rival Ericsson posted stronger-than-expected results on the back of strong sales in North America."
And with Ericsson outperforming it will make it even harder to take for Nokia fans.
There is always an excuse for why Nokia failed to deliver on promises. Why apologize for a company that seems to enjoy shooting themselves in the foot??
That was from A YEAR AND A HALF AGO. And now that Nokia is out of the D&S business...
MixRadio uses the Nokia name, but it went to Microsoft with the D&S division. Part of the buyout of D&S was the right to use the Nokia name for marketing for years to come.
Didn't they say the Lumia 1020 would be "disruptive technology"? Market share numbers say it was far from disruptive. And it didn't cause a rush to bump up the megapixels in other cellphone cameras. This sounds a lot like marketing people saying what they're supposed to say.
Nokia still owns the IP, so it is indeed Nokia that will negotiate with Samsung, et al, when the time comes. Phone Business =! Patent Royalty Business.
"If sales show that the Lumia is gaining traction among consumers..."
Um, Nokia is out of the phone business. It's all Microsoft now. Wow.
The other 268 million harbor hatred for the cockroaches that call themselves hamas.
They're testing a new navigation idea for visually impaired people in the U.K. Could this be it? Improved mobility for the blind would certainly be a game changer.