Speculating that Nokia may go bankrupt
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.