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Buddy, can you spare $2 for a share of Nokia?

Posted: , posted by Alan F.

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Buddy, can you spare $2 for a share of Nokia?
Nokia's stock is down 5% on Thursday for no apparent reason outside of the same old story. The shares hit a low of $2.00, a level that Nokia shares haven't seen since October 1994. Nokia's stock now costs the same as a win ticket at your local horse or dog track and the Finnish based handset makers earnings could be negatively affected by the upcoming launch of Windows Phone 8. That might seem counter intuitive because once Windows Phone 8 is launched, won't Nokia sell tons of Windows Phone flavored models? Well, the answer is only slightly more complex. With current Windows Phone models unable to update to Windows Phone 8, potential buyers are now frozen. Buy a Windows Phone 7.5 model now and you will have to wait two additional years to get a Windows Phone 8 model, or just wait for the new software to launch. The latter means that revenue will be pushed back which can be a problem for Nokia's trigger happy stockholders.

The flagship Nokia Lumia 900

The flagship Nokia Lumia 900

What will it take for a turnaround at Nokia? The most important thing would be for the public to get blown away by Windows Phone 8. While many would say that the Motorola DROID started Androidmania, it actually was Android 2.0 on the Motorola DROID that got the ball rolling. So, strong software from Microsoft would be a must. But let's not mistake the fact that for Verizon customers, who the previous year had the BlackBerry Storm thrown at them as an Apple iPhone competitor, the DROID was a model with features they never had the chance to use before.

So for Nokia to make a strong comeback, it will take acceptance of Windows Phone 8 and at least one strong handset that runs the OS. The two easily go hand in hand because Windows Phone 8 will allow for larger screens with higher resolution, multi-core processors and other specs that you would tend to find on high-end models. We will set our calendar for a year ahead to remind us to re-visit this issue and take a look at Nokia's plight a year from now. Not only will we be able to see what kind of acceptance the software has received, we will be able to see if anyone made some money taking a flyer on Nokia.

source: Forbes

  • Options

posted on 05 Jul 2012, 13:27 12

1. clevelandiskindacool (Posts: 37; Member since: 03 Jul 2012)

I don't even have $2 nor confidence in nokiasoft

posted on 05 Jul 2012, 13:32 8

2. jove39 (Posts: 1996; Member since: 18 Oct 2011)

Why investors shouldn't wait till $1 price on share or even less for that matter?

posted on 05 Jul 2012, 13:42 4

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.

posted on 05 Jul 2012, 20:56 1

13. Whodaboss (Posts: 176; Member since: 18 Nov 2011)

That's why they should have called it simply "Metro"! What a lost opportunity.

posted on 06 Jul 2012, 00:37 2

17. kartik4u98 (Posts: 511; Member since: 19 May 2012)

Android also had the open-source power which MS don't have..

posted on 07 Jul 2012, 18:12

23. MySchizoBuddy (Posts: 158; 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.

posted on 05 Jul 2012, 13:43 3

4. thedarkside (Posts: 654; Member since: 30 Apr 2012)

buy low, sell high.

posted on 05 Jul 2012, 14:09 4

5. facts&truth (Posts: 42; Member since: 15 Jul 2009)

All your bubbles will be busted. Their is a plan amist us..

posted on 05 Jul 2012, 14:30 1

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?

posted on 05 Jul 2012, 15:17 2

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.

posted on 05 Jul 2012, 15:40 3

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

posted on 06 Jul 2012, 02:02 1

18. bbblader (Posts: 590; 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

posted on 05 Jul 2012, 17:04 1

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.

posted on 05 Jul 2012, 17:09 1

10. downphoenix (Posts: 3165; Member since: 19 Jun 2010)

Not true. Kindle Fire uses android, no Google Maps on that.

posted on 05 Jul 2012, 17:30

11. corporateJP (Posts: 2458; 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!

posted on 05 Jul 2012, 22:30

14. snowgator (Posts: 3604; 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.

posted on 05 Jul 2012, 23:46 1

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.

posted on 06 Jul 2012, 03:47

19. FoneAddict (Posts: 259; Member since: 05 Jul 2011)

Microsoft killed Nokia. End of story.

posted on 06 Jul 2012, 03:56 1

20. microsoftnokiawin (Posts: 1241; Member since: 30 Mar 2012)

more like Elop

posted on 07 Jul 2012, 18:16

24. MySchizoBuddy (Posts: 158; 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.

posted on 06 Jul 2012, 10:36

21. imran_khan0786 (Posts: 61; Member since: 21 Jun 2012)

Pureview+wp8=awesome smartphone

posted on 06 Jul 2012, 14:07

22. nuadar1 (Posts: 24; Member since: 05 Dec 2011)

Maybe for free but at 2USD? Nah, It'll fall, just wait a bit more :)

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