Welcome Guest! To access all forums & features, please register an account or sign-in. → Why register?



Nokia share price hits 15-year low as Fitch downgrades it to 'junk'


27 replies to this topic - - - - -

#16 micro

    Neowinian Senior

  • 2,190 posts
  • Joined: 31-December 03

Posted 24 April 2012 - 19:04

Of course the verge reported on this...

I am no longer going to visit their site.


#17 .Neo

    Generic User

  • 16,998 posts
  • Joined: 14-September 05
  • Location: Amsterdam, NL
  • OS: OS X Mountain Lion
  • Phone: iPhone 5

Posted 24 April 2012 - 19:05

View Postmicro, on 24 April 2012 - 19:04, said:

Of course the verge reported on this...

I am no longer going to visit their site.
Neowin reported on this too so you might want to leave this place as well. Goodbye.

#18 micro

    Neowinian Senior

  • 2,190 posts
  • Joined: 31-December 03

Posted 24 April 2012 - 19:11

View Post.Neo, on 24 April 2012 - 19:05, said:

Neowin reported on this too so you might want to leave this place as well. Goodbye.

I've been here longer than you, and i know that neowin is fair in reporting news. Theverge on the other hand has an OBVIOUS agenda when it comes to microsoft, specifically anything windows phone related.

#19 tsupersonic

    Neowinian UNSTOPPABLE

  • 5,348 posts
  • Joined: 30-September 06
  • Location: New York
  • OS: Win. 8 x64
  • Phone: HTC One (AT&T)

Posted 24 April 2012 - 19:18

They probably would have been better off with Android.

#20 .Neo

    Generic User

  • 16,998 posts
  • Joined: 14-September 05
  • Location: Amsterdam, NL
  • OS: OS X Mountain Lion
  • Phone: iPhone 5

Posted 24 April 2012 - 19:20

View Postmicro, on 24 April 2012 - 19:11, said:

I've been here longer than you, and i know that neowin is fair in reporting news. Theverge on the other hand has an OBVIOUS agenda when it comes to microsoft, specifically anything windows phone related.
The Verge isn't the one who lowered Nokia's status... They're merely reporting on the news in a neutral and objective fashion, no different than Neowin did. Also, I came here a lot earlier than than 2005.

#21 Miuku.

    A damned noob

  • 4,885 posts
  • Joined: 10-August 03
  • Location: Finland, EU
  • OS: :: OS X :: SLES ::

Posted 24 April 2012 - 19:23

View Posttsupersonic, on 24 April 2012 - 19:18, said:

They probably would have been better off with Android.
Or would they?

They would've been yet-another-generic-Android manufacturer that would have had little apart from basic design and name to sell. If anything, they should have gone the N9 road and develop Meego further, it blows Android into little chunks in performance not to mention looks damn good.

#22 .Neo

    Generic User

  • 16,998 posts
  • Joined: 14-September 05
  • Location: Amsterdam, NL
  • OS: OS X Mountain Lion
  • Phone: iPhone 5

Posted 24 April 2012 - 19:29

View PostMiukuMac, on 24 April 2012 - 19:23, said:

They would've been yet-another-generic-Android manufacturer that would have had little apart from basic design and name to sell. If anything, they should have gone the N9 road and develop Meego further, it blows Android into little chunks in performance not to mention looks damn good.
Meego looked amazing interface-wise. Real shame they didn't go further with it or Google taking over its design.

#23 +techbeck

    Neowinian ULTRAKILL

  • 12,421 posts
  • Joined: 20-January 05

Posted 24 April 2012 - 20:47

View Postmicro, on 24 April 2012 - 19:04, said:

Of course the verge reported on this...

I am no longer going to visit their site.

Then you may want to go here and write down all the sites reporting this story since hey, if you are not going to visit the Verge, then you may as well not visit all the others sites.
https://www.google.c...f42559d799f52a1

View Postmicro, on 24 April 2012 - 19:11, said:

I've been here longer than you, and i know that neowin is fair in reporting news. Theverge on the other hand has an OBVIOUS agenda when it comes to microsoft, specifically anything windows phone related.

Obviously you dont pay attention since you have not seen the all the biased articles posted by a lot of the Editors here. And the verge is just reporting the story like all other news sites have done for years.

#24 Depicus

    depicus.com

  • 484 posts
  • Joined: 18-February 11
  • Location: United Kingdom
  • OS: OS X Mountain Lion - Windows 7

Posted 24 April 2012 - 20:56

Nokias problem is not only WP -v- Android but their dumb phone market is tanking as well. Others are edging them out.

I have a Lumia 710 and while I like the phone it is behind in the race and the legendary build quality Nokia was known for on their dumb phones has gone. I cannot see where they are going and suspect neither can they. Sad.

#25 mrmomoman

    Resident Fanatic

  • 595 posts
  • Joined: 21-January 09

Posted 24 April 2012 - 21:08

I wouldn't count them out yet. Part of their estimates were something they knew could happen but the slow adoption rate in Europe wasn't anticipated. China and India could be a big market for them and if they can continue to drive that market and increase their footprint they can survive rather well without Europe's fast adoption. The US so far has given them good acceptance and it will be further pushed when Verizon pushes the Apollo or WP8 phones. The Iphone is losing its saturation rate in the market and as expected they will continue to do so as MFR's step up their game with better designs such as a HTC One X/S, Samsung Nexus/Galaxy and Motorola Droid lineup. HTC took one across the chin for too many phone releases last year and had learned the hard way. I hope that many Phone Mfrs learn from this. You fragment the market and the market will respond in kind. We don't need 30 phones a year from one company. Serve other markets with a few phones per market. Design better hardware not just cram specs down our throats.

What WP 7.5 has shown other OS's is that you can design a better OS through engineering and not just increased specs alone.

The Lumia lineup is the appetizer to the Apollo/WP 8 main course. The Windows Phone lines up needs HD displays, removeable storage or increase capacity at least to 32GB along with 2nd GEN LTE on a chip and dual processors. Verizon can push phones when they want to. Look at Motorola and the DROID lineup. They have pushed so well people call most ANDROID phones DROID phones it seems.

MS has my vote of confidence with Windows 8 and WP8. Nokia will make some radical changes in WP8 much greater than they have done at the moment. That will be true test of their future and I hope its a bright one for them.

I want 4" phones to come back in droves. 4.3" is too large for single handed use for most people. No I don' t have girly hands :) Apple wasn't stupid in their design of the 3.5" screen when it comes to single thumb texting and usage.

I would not put the stock at JUNK rating that is just a bad call. I would put them at neutral and continue to hold my shares as well as buy some new shares. I like the underdog and I think this dog will hunt again by the end of the year.

#26 Gerowen

    Neowinian Senior

  • 2,414 posts
  • Joined: 28-August 05
  • Location: Hills of Kentucky
  • OS: Debian Linux

Posted 24 April 2012 - 21:11

At the end of this trading day they are down 0.55%, to $3.63 a share, according to Yahoo! Finance.

#27 simplezz

    Neowinian Senior

  • 1,830 posts
  • Joined: 01-February 12

Posted 24 April 2012 - 21:58

On a positive note it'll make a cheap steal for Microsoft.

#28 Depicus

    depicus.com

  • 484 posts
  • Joined: 18-February 11
  • Location: United Kingdom
  • OS: OS X Mountain Lion - Windows 7

Posted 24 April 2012 - 22:29

View PostGerowen, on 24 April 2012 - 21:11, said:

At the end of this trading day they are down 0.55%, to $3.63 a share, according to Yahoo! Finance.

A lot of bargain hunters out for a quick buck :)