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Stephen Elop has until early to mid 2013 for Nokia's (NOK) fortunes to reverse, otherwise his...
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Wednesday, September 19, 2012, 8:12 AM ETStephen Elop has until early to mid 2013 for Nokia's (NOK) fortunes to reverse, otherwise his job will be at risk, analysts and investors say. However, they're not holding out much hope that Nokia will have a particularly good Christmas, especially with Apple and Samsung dominating.
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This news story has 14 comments:
For each IPad/IPhone sold, Nokia gets €8.
If you want to convert to $$$, you must use the current EUR-USD rate.
They should start over with Android that way they could take another reinvention hit and go bankrupt. Think of all the poor shorters that would be saved.
Disclosure. I am long NOK (and MSFT) and think Elop is doing a great job.
So I read some where Nok will get $5-$10 payments on iphone 5 sold don't know if that's factual :-/..
You can be sure they are either worried about their short positions or want to pick up some cheap shares when the price tanks in response to these statements.
I wish the SEC would bar trades by these institutions if they make such statements without a full disclosure.
The time to buy is when nobody else wants it... not when everybody else wants it.