I think that was only a joke ...
But anyway, I agree with you. Also, it's admirable that Nokia is still going gangbusters and not lowering their standards even if MSFT is going to benefit from it. Apart from maybe being good business - e.g. by helping cement good relations with MSFT - it also makes Nokia the kind of company you want to be invested in - one with high standards, morally as well as technologically, and tenacity (maybe a touch of that Finnish 'sisu' that has been mentioned on this board).
It could be a great business model: purveyor of the finest of fundamental, game-changing apps without threats to your ecosystem or branding, all fee-paying customers welcome.
That's a good argument. I particularly like the point you make about India not being a low cost-base country, contrary to people's expectations. Put like that it seems clear that that would damage investment into India.
That's a good point about doing more than the Nokia blog. The blog and Nokia's facebook page etc. are very good but only people already interested in Nokia go there. Nokia need to find a way of letting everybody know about their stuff. Their corporate personality and branding is great - way cooler than e.g. Samsung and Microsoft and IMO Apple. Google do a good job with their image. But Nokia fail to broadcast their personality and products widely enough.
Hi Phaedo 42,
That's really nice of you! I jumped ship during one of Nktr's many reversals and was lucky enough to put most of the proceeds and more into Nokia. I keep watching Nktr though and almost jumped back in last Friday! You are having a great run and the various trials look good. If I put money back into Nktr I'll probably return to the board but without money there it seems a bit fatuous. There were and still are a number of excellent posters on the Nktr, you among them. Thanks again for your kind words and good luck with Nktr. If those trials come off, Nktr it could be a very big story. It will be painful to miss if I don't get back in but, but as always, timing is of the essence.
'Nokia snagged two awards at the GSMA Global Mobile Award ceremony at Mobile World Congress 2014, including a win for “Best Entry Level or Featurephone”, underlining Nokia’s leadership in affordable mobile phones and its ongoing commitment to connecting the Next Billion.
The win for the Nokia 105 in the affordable device category marked the first time in the 19-year history of the awards that all nominees in one category were made by the same manufacturer. The other devices competing were the Nokia 208, Nokia 515, Asha 210 and Asha 503.
“This is a great achievement for us,” said Timo Toikkanen, “There is still a lot of opportunity in the affordable market. Nokia’s renowned design and quality have made our devices a hit with consumers all over the world. This award demonstrates Nokia’s leadership in this space.”
In addition to the Nokia 105, Nokia won “Best Low Cost Smartphone” for the Nokia Lumia 520, trumping rivals Lenovo A390T, Samsung Galaxy Young, Sony Xperia E and the Xiaomi Hongmi.
“Every Nokia Lumia comes packed with a wealth of innovation, and the Lumia 520 is the perfect example of how we bring exciting technologies and experiences from the high end to everyone,” said Samuli Hanninen, Vice President, Smart Devices, Nokia.
“From the super-sensitive touch screen and polycarbonate design to free Nokia MixRadio and the Nokia Camera app, the Nokia Lumia 520 sets a new benchmark for affordable smartphones. Launched here at MWC last year, this award demonstrates the great momentum for Lumia in the budget friendly range of the market,” Hanninen added.'
I found it in Valuewalk. It says Nokia guided for 600 euros quarterly run rate post msft deal closure, which I don't think is correct. It was per year.
Currently they get like 600 m euros a year in revenue from ip. Going up to above 2b is enormous for Nokia. It would mean the $15 - $20 per share is completely realisable, in a year or two!