Are you saying Nokia will perish ? Note that Apple has strong revenue contribution from its iPads, Macs and iTunes whereas Nokia is basically in phones and additionally Apple is not in the low end space. Just want to clear the difference. Apple's margins will definately erode sooner than later and their strenous court battles is also protectionist and may not hold longer. I hope Nokia does not perish with all the negativity as they do have great products for all consumers ( not only for rich folks). The shorts are really having a field day killing off the brand unecessarily especially at these valuations. Hope its not going to be a Apple and Samsung world !
The long-awaited downgrades of big U.S. and U.K. banks from Moody's could come after the U.S. close tonight, reports Sky News' Mark Kleinman. Morgan Stanley (MS) is an especially interested party (I, II) [View news story]
Retail banking and investment banking should be separated where it is not. Otherwise the system is paralyzed by the risk takers and creative folks looking for huge bonuses. Lets go back to basics.
Moody’s cuts Nokia's (NOK -1.9%) senior debt rating from Baa2 to Baa3 - one notch above "junk" status - and maintains its negative outlook following the handset maker's unexpected profit warning last week. Nokia responds by pointing out that with a net cash position of €4.9B, its financial position remains strong. (Moody's) [View news story]
Its funny how these rating agency work. They just don't want anyone to succeed. They just beat down the company when they just about picking themselves up. If a company does not have a turnaround plan, then I can understand the re rating. It really sucks.
Nokia: Right Phone, Wrong Partnership [View article]
I like so many others want a good alteranative to iPhones. I am seriously considering NOKIA when recontracting come ups next. I must say they look really cool and build well. I think MFST apps will only get better. Can't wait for the 900 to hit Singapore !
More Misery In Store For Nokia [View article]
Lumia Is Coming To Verizon And Sprint Along With New Features [View article]
The long-awaited downgrades of big U.S. and U.K. banks from Moody's could come after the U.S. close tonight, reports Sky News' Mark Kleinman. Morgan Stanley (MS) is an especially interested party (I, II) [View news story]
Corning Is Ready To Break Out [View article]
Moody’s cuts Nokia's (NOK -1.9%) senior debt rating from Baa2 to Baa3 - one notch above "junk" status - and maintains its negative outlook following the handset maker's unexpected profit warning last week. Nokia responds by pointing out that with a net cash position of €4.9B, its financial position remains strong. (Moody's) [View news story]
picking themselves up. If a company does not have a turnaround plan, then I can understand the re rating. It really sucks.
Nokia: Right Phone, Wrong Partnership [View article]