x PhoneArena is hiring! Reviewer in the USA
  • Options
    Close





Nokia's debt downgraded to less than junk

0. phoneArena 05 Jul 2013, 21:19 posted on

How potentially worthless is debt issued by Nokia? After the Finnish based handset manufacturer purchased the half of a joint network equipment venture owned by Siemens for $2.2 billion, S&P lowered its rating on Nokia debt by one notch from BB- to B+; Nokia's debt was already at junk levels before the downgrade. Bonds rated at that level or lower are not allowed in the portfolios of certain bond funds...

This is a discussion for a news. To read the whole news, click here

posted on 06 Jul 2013, 12:57 2

93. MartyK (Posts: 923; Member since: 11 Apr 2012)


You're wasting your time trying to explain to the Elopans, they, (like their leader Elop) can't see the writting on the wall--
Like a old song goes...Another one bites the dust.

The fat lady is singing.
Turn off the lights their party is over.
Dead company wobbling/walking.

posted on 06 Jul 2013, 07:08 2

75. Whateverman (Posts: 3284; Member since: 17 May 2009)


Exactly! Numbers don't lie, and 20 MILLION is a pretty big number, no matter what was expected. And that's just the first two months. All I'm saying is I know, that YOU know, the GS4 was nowhere near being a "flop". No one was impressed by the Lumia 928, 925, iPhone 4S or 5, but that doesn't make them flops does it?

And remember... The numbers don't lie.

posted on 06 Jul 2013, 07:25 2

78. papss (unregistered)


Numbers don't lie but when your that large a company your cost is also thru the roof to maintain so its still isn't good for SS. There are more variables than just sold phones

posted on 06 Jul 2013, 07:54 3

83. Whateverman (Posts: 3284; Member since: 17 May 2009)


Oh, I'm not defending the fact that their stock has dropped. The guy said the GS4 was a flop... In what world is that true. Even the experts, disappointed as they may be, still say is the best phone on the market right now, arguably the second best. Who is calling it a flop other then this guy?

posted on 06 Jul 2013, 08:02 1

85. papss (unregistered)


Agreed its no flop in the sales department but his comments while ridiculous are no worse than have the nonsense I here from some others.
Lots of variables with such a large company.

posted on 06 Jul 2013, 13:07 1

94. Heritor (Posts: 47; Member since: 05 Nov 2012)


Are you a moron? With all of the phones and momentum that Samsung had before the Lumia line was even launched do you even think that Samsung reaching 20 million is a big deal?

Thats like saying "HEY GUYS TOYOTA JUST SOLD A TON OF CARS WHILE BMW SOLD LESS!!". Look at the iPhone sales.... mind share and current market share makes for good sales numbers.

Please take a business class before you talk about stuff you have ZERO clue about.

posted on 06 Jul 2013, 13:51 2

96. Whateverman (Posts: 3284; Member since: 17 May 2009)


And you must be stupid if you can't see what I'm talking about. The guy said the phone is a flop! According to the dictionary, a flop is described as an "ungainly movement". Now, has there been no movement with the release of the Galaxy S4 or have the sold a whole effing lot of them? No one else is selling 10 million phones a month, so to call the best selling device today a flop is just silly, so why are you following him down that rabbit whole? You guys can make this a Samsung vs Nokia fight if you want, but don't put words in my mouth

Second, keep the name calling to a minimum. You respect me, and I return the favor. But I'm wont entertain childish name calling and insults. Ask around, I'm a decent guy to debate with, but let's keep it about the phones.

posted on 06 Jul 2013, 14:38 2

98. papss (unregistered)


Agree.. These new guys come in and act like this is a troll infested site that they can talk like that.

posted on 06 Jul 2013, 15:50

101. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


Well said +1
®

posted on 06 Jul 2013, 00:41 8

47. SleepingOz (unregistered)


20millions in just 2months, is now considered as "flop"?
Wow, I bet nokia can do better, right?

posted on 06 Jul 2013, 00:46 7

49. MachidoDen (banned) (Posts: 202; Member since: 30 May 2013)


Nokia can only dream now of those figures
Because billion(android and ios) people cant be wrong as compared to 10000(lumia users) :D

posted on 06 Jul 2013, 01:04 3

50. UrbanPhantom (Posts: 949; Member since: 30 Oct 2012)


Samsung stock dropped 25 BILLION, not million - get your numbers right!

posted on 06 Jul 2013, 01:28 5

52. MachidoDen (banned) (Posts: 202; Member since: 30 May 2013)


LoL dropped??
Done??
Samsung finished???
Still on top like a King
And will post q2 profit much more than last year q2 2012
Nokia not even on top 5 in smartphone list

posted on 06 Jul 2013, 12:23

91. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


Well that's what happens when you rely and use Snapdragon chips. Fans were hoping for the Exynos CPU, but Samsung used Snapdragon. So they could not achieve there goals! S600 SOC is used commonly everywhere! A9 Cortex is old and outdated. Consumers and fans were hoping wishing for the A15 SOC!

Big little by Arm was OK, if Samsung only clocked it at 1.8Ghz then there would've been no lag. Or just went straight for 4 A15s with a bigger battery. But no! How stupid of Samsung....
®

posted on 06 Jul 2013, 02:53 2

60. WHoyton1 (Posts: 1635; Member since: 21 Feb 2013)


Yeh its sure a big flop to be the fastest selling smartphone.....stay on topic idiot

posted on 06 Jul 2013, 03:53 3

67. MachidoDen (banned) (Posts: 202; Member since: 30 May 2013)


Nokia not even in top 5 in smartphione list :D

posted on 06 Jul 2013, 07:26

79. papss (unregistered)


So you don't have an intelligent comment so you once again resort to name calling? Classy

posted on 06 Jul 2013, 07:57

84. Eonnaydra (Posts: 217; Member since: 23 Oct 2012)


iPhone 5 is the fastest selling smarthphone.
5 millions units sold in 2 days.Now are over 100 millions of iPhone 5 sold with Q3 2013.

posted on 06 Jul 2013, 06:19 4

70. fsnas (Posts: 104; Member since: 18 Jun 2012)


you always look at the empty half of the cup.
Nokia was already drowning, everybody were losing their job.
maybe some of them lost their jobes but Steven saved the rest!
you have to do sacrifices in life and if you can't, you can't be a CEO!

posted on 06 Jul 2013, 14:42

99. akki20892 (Posts: 3902; Member since: 04 Feb 2013)


how many times i have to tell you guys that i can't read that much comments......oh god.

posted on 05 Jul 2013, 23:13 4

30. roscuthiii (Posts: 2232; Member since: 18 Jul 2010)


Possibly he's railroading the company so that MS can buy it on the cheap.

Conspiracy theory material for sure, but it's not like shadier things haven't transpired in the business world.

posted on 05 Jul 2013, 21:50

6. duwiegeneral (Posts: 48; Member since: 07 Dec 2012)


it take an educated fool to design a bike bt it take a genius to discover fire so nt bcuz some fool who sit in a office all day a study maths 1 and 1 is is 2 nt must b rite bcuz 1 and 1 can b call 11 str888 yard man point no offence...

posted on 05 Jul 2013, 22:22 10

17. Whateverman (Posts: 3284; Member since: 17 May 2009)


NO offense? We don't even know if what you're speaking is English! No one is offended, we're all confused. No offense.

posted on 05 Jul 2013, 22:31 5

23. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


Lmfao....®

posted on 06 Jul 2013, 01:38

55. duwiegeneral (Posts: 48; Member since: 07 Dec 2012)


and you suppose to be mega troll gay wife who's just simply backing her husband statement??

posted on 06 Jul 2013, 02:55 5

61. WHoyton1 (Posts: 1635; Member since: 21 Feb 2013)


Y u no speak properly!

posted on 06 Jul 2013, 08:29

86. TROLL (banned) (Posts: 4851; Member since: 13 Apr 2012)


Yea what kind of english is that?
Raago or bad boy english that makes no sense.
I believe its called ragga muffin english.

Lmfao. ®

posted on 05 Jul 2013, 23:11 4

28. abcdefgh (banned) (Posts: 471; Member since: 29 Mar 2013)


REAP ENGLEASH!!!!!!!

posted on 05 Jul 2013, 22:05 6

7. GoBears (Posts: 454; Member since: 27 Apr 2012)


Nokia using WP exclusively is going to bury them. I'm not saying they should be exclusively Android but they should at least make an Android handset or two and get in on the major carriers asap.

posted on 05 Jul 2013, 22:26 4

20. Whateverman (Posts: 3284; Member since: 17 May 2009)


Exactly!

Go BEARS!!!

* Some comments have been hidden, because they don't meet the discussions rules.

Want to comment? Please login or register.

Latest stories