kowenicki said:
I see you have used the terms "dead" and "last breaths" when talking about Nokia I can also see that your posts are becoming more irrational each day that passes... I think you may be questioing yourself and wondering if you should flip your allegiance back again. It must be tormenting for you. lol Lets examine your original post which said Nokia is dead. (it will work for last breaths too)
Nokia share price last 4 months: up 100% Nokia share price since Lumia 920 and 820 hit the stores: up 35% (in less than 2 weeks) Nokia market cap: $13.39 bn Assets to Liabilities: 1.61:1
Lets contrast that with your favourite company...
Sony share price last 4 months: down 28% Sony share price since recent earnings release: down 15% Sony market cap: $10bn Assets to liabilities: 1.19:1
Now, by YOUR definition (not mine) who is dead or taking last breaths again?
You should stay away from financial discussions if you cant interpret data in an objective way. |
Sales of smartphpones will decline, which will be shown in Nokia next quarterly report. The share will take a huge hit from that and never recover.
Also Nokia as a company is losing grip of its thirdl world market because they can't offer a cheap smartphone with the Win Phone platform.
A couple of more years tops and Nokia is dead/bought out.
Sony is in much MUCH better shape than Nokia.