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Forums - Gaming Discussion - Nokia's share prices took a dive today

dallas said:
disolitude said:
Microsoft should really just buy Nokia. They are a deal of the century at the moment due to low stock price.

Nokia is a company with $10.371 Billion in Liquidity (Liquidity = Current Assets - Current Liabilities) and looking at their stock, they are valued at $15.904 Billion (Market Cap). Just do the math; if Microsoft bought Nokia right now, they would only spend $5.600 Billion, and the rest they would receive back in cash from Nokia.

This is chump change and is less than they paid for Skype and half what google paid for Motorola, which is not even close to Nokia in portfolio and market penetration.

Do it Microsoft! You know you want to...

I think that msft wants a lower risk option to spure greater sales than an acquisition.  If msft just went ahead and bought Nokia it would be like them putting just about all of their chips into the game.

I think Microsoft bought Harmonix for $50.

 

Lol. Irrelevant but what ever.



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Well I believe they are currently giving away Lumias on ATT. It might help in the long run.



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Gaming on: PS4 Pro, Switch, SNES Mini, Wii U, PC (i5-7400, GTX 1060)

On a side note, perhaps this will mean the end of the señor threads, I mean even fans get tired of promoting the impossible eventually.



disolitude said:
DirtyP2002 said:
kowenicki said:

People jumping to incorrect conclusions here just to try and score some points... presumably as some kind of chance at some pay back?

Bloomberg:

“The problem is their past products, the Symbian products,” said Robert Jakobsen, an analyst at Jyske Bank A/S (JYSK). “I assume it is the high end of the Symbian phones that are not selling well. On the other hand, there is increasing momentum on Lumia, and that is the future.”


I just wanted to post the same quote. :D

I don't even know why people bring MS into this at all. The Lumia is selling pretty good and it is clear that older phones caused some trouble for them.

To put things in to perspective

http://seekingalpha.com/article/492391-the-nokia-news-not-surprising?source=yahoo

"the feature phone is dying but it still represents a huge chunk of Nokia's sales (EUR 2.3 billion and 71 million units as per the press release, which is a lot more than EUR 1.7 billion from smart phones, out of which a bit more than EUR 0.44 billion is coming from Lumias"

Lumia phones represent 1/4 of Nokias smartphone revenue, which represent 42% of their overall revenue. 58% of the Q1 revenue came from dumbphones...

The lumia is at the very beginning of its lifecycle.

Actually I think the news should be something like: "Thank god Nokia secured that Windows Phone 7 deal. Otherwise they would be in real trouble."



Imagine not having GamePass on your console...

disolitude said:
hunter_alien said:
theprof00 said:
hunter_alien said:
And they are giving away free Lumias for At&T customers :)) My god, how could Nokia fall so hard? Why not go Android, like everyone else did, and save themselves? No, they went WP7, and now they are drowning in their worst decision ever. Dont get me wrong, Im not bashing the OS, its good, its slick, and its fast, but it will never have the marketshare of Android or iOS...

Supposedly, they were paid a very hefty amount of money to go WP7.


Yeah, accept 250million$ and die? Seriously, thats not a good enough reason. Even if MS pays that ammount for the next 3 quarters, its still not worth to destroy the biggest mobile phone manufacturer in the world. At one point they had well over 50% marketshare of ALL the mobile phones in the world. Now they have 23%, and they are sinking like a rock. Samsung an Apple are destroying them in the smartphone segment and soon they will be on par with the likes of Motorola, HTC, Sony and other small players. The feature phone segment is shrinkg every year, and by 2014 it will be less then 10% of the overal market. Nokia is dead if they remain WP7.

You're wrong. As the only WP7 (and WP8) OEM that is actively supporting the platform, they stand to benefit greatly due to lack of competition. They have already sold between 3-4 million Windows phones thus far without expanding in to China, India and USA (Lumia 900 just came out) and without going after the sub 200 dollar market. Basicly 2 windows phone 7 phones, sold in limited markets sold 3-4 million units in 5 months (Lumia 710 and 800).That really isn't too bad at all. Samsung Note sold 5 million units worldwide and everyone is saying its a massive success.

As the platform grows and Windows Phone marketshare increases, Nokia will have a huge advantage of being the best OEM associated witht he platform.

Look a LG, HTC, Sony and Motorolla books in the last year. They are all seeing losses or shrinking revenue in the mobile department and they all only support Android. Only companies that are making money in the mobile sector are Apple and Samsung.

LG E900 Swift 7 and HTC Mozart 7 (and few other models)  sure look like phones running Windows 7 ;)

And LG is cheaper than cheapest Nokia Lumia 710.



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Hard to believe a massive mobile phone manufacturer like Nokia, think they can survive on the tiny market that WP7 occupies, get your androids out and quick.



hunter_alien said:
And they are giving away free Lumias for At&T customers :)) My god, how could Nokia fall so hard? Why not go Android, like everyone else did, and save themselves? No, they went WP7, and now they are drowning in their worst decision ever. Dont get me wrong, Im not bashing the OS, its good, its slick, and its fast, but it will never have the marketshare of Android or iOS...

Actually, they are offering a $100 refund or rebate to customer. People who sign up for a new contract will be getting the phone basically for free, minus any AT&T fees. Not everyone buying the phone will be getting it for free; however AT&T customers will be getting $100 off no matter how they purchased the phone.

Nokia fell hard, because they failed to evolve with the market. Going with Android would have guaranteed nothing.



We've seen it time and time again in electronics, there is only room for two or three competitors in a hardware business. Samsung and Apple have #1 and #2 tied up. The rest of the market is too small to support LG, Motorola, Sony, Nokia, RIM and others, so some of them have to die.

Nokia was stupid to give up their independent decision making to MS. I don't know which choice of Android, WP7 ( and don't forget MeeGo!)  would have worked, but they got an executive handcuffed to MS and now they have no freedom to change their situation even if they could think of a solution. MS got a much better deal than Nokia did, WP7 would be dead if they didn't have them.

I think MeeGo could have worked. It was cool.



disolitude said:

Motorolla hasn't profited in years, even after Google bought them and there are rumors that Google is thinking of unloading them to Huawei -http://www.theverge.com/2012/4/11/2940705/is-google-planning-to-sell-motorolas-handset-business-to-huawei

No surprise there; Google purchased them for their patents. They have so many companies making andriod phones, there is really no need for them to produce their own. This would also casue tension with companies that already produce phones with their OS.



Zlejedi said:

 

LG E900 Swift 7 and HTC Mozart 7 (and few other models)  sure look like phones running Windows 7 ;)

And LG is cheaper than cheapest Nokia Lumia 710.

I owned LG E900 7...great phone. Both of those are 2010 phones. We're talking about last years financials for the most part.

Now HTC did release 2 decent Windows phones in 2011 (radar and titan) and 1 in 2012. But they also had like 15 Androids at the same time last year and 3 so far this year. I like HTC to be honest, and hope they can stick around in this competitive market.