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Speculating that Nokia may go bankrupt

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  • Feb 23rd, 2011 8:25 pm
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May 20, 2008
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Speculating that Nokia may go bankrupt

Is it just me or does Nokia look like it could go bankrupt in these 2 years?

First of all, who buys Nokia? I don't believe anybody searching for a phone today would grab a Nokia. Symbian is dead. Their QWERTY attempt has been futile, the E71 and E72 has been virtually no threat to RIM. Their stock price has been going downhill, their market share has probably dropped tremendously since 2007, while Android has surged almost ten fold. What's interesting is that Nokia's financial statements are still positive in both income and cash flow. Although their fundamentals/offerings look really horrible. I'm guessing that Nokia is cruising to death just like Borders and Blockbuster did. I'm considering shorting their stock.
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Mar 23, 2004
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Markham
nop dont think they will go bankrupt anytime soon, or ever. The N8 is ok at least.
「もし、奇跡を起こせたら……」
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Oct 26, 2009
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They have lots of sales outside N. America. Europe is big and they sell cheap sets in the 3rd world.
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Gatineau
Didn't they just sign a deal with Microsoft to start producing Nokia phones with WM 7?

Yes, here's the article..

http://mobilesyrup.com/2011/02/11/nokia ... -strategy/
Nokia partners with Microsoft… makes Windows Phone “its primary smartphone strategy”

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Nokia and Microsoft have entered into a “broad strategic partnership” that makes the new Windows Phone OS its “primary smartphone strategy”. Former Microsoft Exec and current Nokia CEO Stephen Elop stated in a video that “together we will bring consumers a new mobile experience, stellar hardware, innovative software and great services. We will create opportunities beyond anything that currently exists”. Following him Microsoft CEO Steve Ballmer said a few words: “in this partnership with Nokia, Microsoft brings its’ Windows Phone software and the brand mobile consumers want like Bing, Office and of course Xbox Live”.

So there you have it. They have joined up and this could be what Nokia needed but certainly what Microsoft needed. This will skyrocket their stats in the number of devices that shipped/sold with WP7 globally as Nokia is the number one mobile manufacturer in the world.

In an open letter by the two companies gives more details of the partnership and says that “There are other mobile ecosystems. We will disrupt them. There will be challenges. We will overcome them. Success requires speed. We will be swift. Together, we see the opportunity, and we have the will, the resources and the drive to succeed.”

• Bing will power Nokia’s search services across Nokia devices and services
• Microsoft adCenter will provide search advertising services on Nokia’s line of devices and services.
• Nokia Maps will be a core part of Microsoft’s mapping services.
• Nokia’s extensive operator billing agreements will make it easier for consumers to purchase Nokia Windows Phone services in countries where credit-card use is low.
• Microsoft development tools will be used to create applications to run on Nokia Windows Phones
• Microsoft will continue to invest in the development of Windows Phone and cloud services so customers can do more with their phone, across their work and personal lives.
• Nokia’s content and application store will be integrated with Microsoft Marketplace

http://www.youtube.com/watch?v=xe3ksR8z ... r_embedded
djino
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I'm guessing you didn't get the memo about Nokia & Microsoft joining forces together. :lol:

I'll hold my breath until Nokia shows off its Windows Phone 7 handset. Elop seems to know what he's doing and I love what direction he's taking the company in. The combination of Nokia's great hardware and Microsoft's fantastic OS seems like a great pair. Until then, I'll be holding on to my Nokia 6301b in the meantime lol.
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Yes, they partnered with Microsoft, which, imho, and many others' "o", has been a pretty bad decision. The only thing that's going to stop them from going belly up is that M$ might bail them out. Anybody considering a w7 phone would stick to HTC.
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kin0kin wrote:
Feb 22nd, 2011 3:48 pm
Yes, they partnered with Microsoft, which, imho, and many others' "o", has been a pretty bad decision. The only thing that's going to stop them from going belly up is that M$ might bail them out. Anybody considering a w7 phone would stick to HTC.

did u short nokia?


btw, nokia is one of the bigger market in Europe, i dont think they would just file for bankruptcy that easily.
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I thought they still had commanding market share in emerging economies?
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Tomy wrote:
Feb 22nd, 2011 3:51 pm
did u short nokia?


btw, nokia is one of the bigger market in Europe, i dont think they would just file for bankruptcy that easily.

No, not yet. I'm just thinking of the possibility. I usually don't care much about phones. But recently I've been searching for a new phone and began to wonder where the heck the Nokia go. I did read news about Nokia admitting to symbian being a dead OS and that they are partnering with M$. Even so, Nokia is still trying to sell like what? 1.5 million symbian phones? I'm not sure who's gonna buy them. I looked at Nokia's offerings, and their stock prices, as well as their past trends, and how my awesome 5800 was such a POS compared to just about any phones out there. I thought Nokia going down is a possibility.
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kin0kin wrote:
Feb 22nd, 2011 3:43 pm
The N8 (awfully similar numbering) isn't gonna save Nokia, imo.

they are not even close to dead at all, so why would they need the n8 to save them? xD
「もし、奇跡を起こせたら……」
[OP]
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DearSummer wrote:
Feb 22nd, 2011 3:55 pm
I thought they still had commanding market share in emerging economies?

I do not know where one could find latest market share info for cellphones, but let's take a look at some companies making cellphones these days:

Nokia vs Competition (look back 5 years)

Nokia:
http://www.google.com/finance?q=nok

HTC:
http://www.google.com/finance?q=TPE%3A2498

Apple:
http://www.google.com/finance?q=NASDAQ%3AAAPL

RIM:
http://www.google.com/finance?q=rim

Motorolla:
http://www.google.com/finance?q=MOT
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I'm expecting them to die in 2 years. SE has given up Symbian for a really long time, and yet Nokia has just admitted that it's a dying (or dead) OS.

Does anybody remember how long did it take Blockbuster to file for bankruptcy after Netflix started eating them up?
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