Buddy, can you spare $2 for a share of Nokia?
0. phoneArena 05 Jul 2012, 13:00 posted on
With shares down 5% on Thursday for no reason other than the same old story, Nokia's shares are now the same price as making a win bet on a horse or dog at the your favorite pari-mutual plant; for Nokia, it's the lowest price for its stock since 1994...
This is a discussion for a news. To read the whole news, click here
1. clevelandiskindacool (Posts: 28; Member since: 03 Jul 2012)
I don't even have $2 nor confidence in nokiasoft
2. jove39 (Posts: 1529; Member since: 18 Oct 2011)
Why investors shouldn't wait till $1 price on share or even less for that matter?
3. Aeires (unregistered)
While I hate the term "Droid," it stuck. MS on the other hand has no such luck with WP8, or any other iteration of their new Metro UI. It would take a Herculean marketing effort on the scale of Apple to make WP8 take off like the Droid campaign did.
13. Whodaboss (Posts: 176; Member since: 18 Nov 2011)
That's why they should have called it simply "Metro"! What a lost opportunity.
17. kartik4u98 (Posts: 511; Member since: 19 May 2012)
Android also had the open-source power which MS don't have..
23. MySchizoBuddy (Posts: 118; Member since: 23 Aug 2011)
Android is only semi open. It isn't developed in the open. The opensource community doesn't contribute to Android. Google doesn't take any code from any opensource developer.
Once google develops android it dumps it for everyone to use and improve it. These improvement are NOT send upstream to Google. Not to mention code in Android that isn't opensourced.
5. facts&truth (Posts: 42; Member since: 15 Jul 2009)
All your bubbles will be busted. Their is a plan amist us..
6. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
I was trying to reply to Aeires but, my iPhone 4S won't let me (should I be on wi-fi?).
Maybe Microsoft should change the name of WM8 to Windowless 8; it might help in creating disassociation? Or, maybe Nokia should just change its' name to sLokia?
7. chris_t610 (Posts: 14; Member since: 30 Mar 2012)
For their part, Nokia has done a wonderful job in making the transition to Microsoft OS. They were able to create good-looking handsets in the likes of Lumia 800/900 as well as the lower end 610.
The real fish kill is Microsoft's announcement of Windows 8 and the inability of current MS devices to update to the newest OS. MS is the real traitor against OEMs, I think its best for Ballmer to get himself a fish bowl and dip his shinny head.
8. sonofzeus (Posts: 95; Member since: 05 Jul 2012)
this is the time for nokia to realise that android os is the only solution for its problems
Nokia phone+android os is a killer combination
18. bbblader (Posts: 588; Member since: 24 Oct 2011)
I have another awesome idea that maybe will never happen
Nokia and Samsung to join to get the best tech-os smartphones in the world
but still maybe will never happen
9. bluechrism (Posts: 99; Member since: 09 Sep 2011)
(in reply to Sonofzeus)
not a chance of it happening though. Nokia would want to replace Google for default maps and probably not possible. Likewise, google wouldn't work with nokia on some of this stuff. Plus, the impression i got (from a 7 page bloomberg businessweek interview with Elop and other nokia execs - do a web search and you'll find it) is that Google were fairly dismissive when approached by Nokia back in 2010 when Nokia were evaluating meego/Windows phone/ android. So much so i even think had MS not been so happy to work with nokia, they probably would have gone MeeGo before Android.
10. downphoenix (Posts: 2824; Member since: 19 Jun 2010)
Not true. Kindle Fire uses android, no Google Maps on that.
11. corporateJP (Posts: 2429; Member since: 28 Nov 2009)
The name is too big to fail, so if they can't right the ship themselves, somebody else will come in and do it. Some venture firm will eat it up just off brand recognition alone if Elop can't get it figured out or the board kicks him out first.
Either way, this stock is a steal right now.
Thanks, Mr. Cramer!
14. snowgator (Posts: 3422; Member since: 19 Jan 2011)
I am all in on buying Nokia stock. It is not just that I believe in WP (which I agree with everyone that Metro OS would have been a more fun name), and it isn't just that I think Nokia make high quality hardware and really fun apps. It is not that I think it is still a great union of two techs that compliment each other and that I still believe Nokia will benefit and recover.
Even if they get bought out, you make money on the stock.
15. jack1059 (Posts: 72; Member since: 31 Mar 2012)
Recovery? What exactly will they recover to? Nokia used to be a world leader in mobile phone tech. They controlled there own handset and os manufacture and had a worldwide footprint with sales and their app store. They've pretty much given all their innovative tech to ms or dismantled it. So what's left to recover to? Simply put nokia is now just Redmonds beyotch and that's all they can ever hope to be.
24. MySchizoBuddy (Posts: 118; Member since: 23 Aug 2011)
more like Nokia was already dying of cancer, and Microsoft provided an experimental radiation treatment called Windows 7. It didn't work, the cancer spread to Nokia's brain and soon it will die.
It isn't MS fault Nokia would have died anyway. probably sooner.
22. nuadar1 (Posts: 24; Member since: 05 Dec 2011)
Maybe for free but at 2USD? Nah, It'll fall, just wait a bit more :)