disolitude on 18 April 2013
| justinian said: And still the share prices are disappointing. After much debate I finally decided to invest in Nokia and so far I am disappointed. All this hitting of targets and still last month Nokia was dropped from the Euro Stoxx 50 Index - much to my disappointment. The markets still refuses to be impress with Nokia. |
You have to time your investments man... I invested in nokia when their share was 1.69 last year. Sold it at 3.80 something this year. Once it dips under 3 (probably soon) its a buy again.
As far as results, I think they don't regret their Windows Phone choice one bit. Their R&D expenses are literally 1/4 to what they were when they were developing and supporting Symbian. (10 billion vs 2.5). Microsoft does the heavy lifting and develops the OS, they provide maps, apps and other stuff... With this existing business model, they should be profitable moving forward.
