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optionsgeek

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  • Nokia completes sale of devices and services business to Microsoft [View news story]
    I am thinking the "extralegal" tax issue will get quickly resolved. It was transparently related to the deal and it has served it's purpose. MSFT got played.
    Apr 25 11:07 AM | 1 Like Like |Link to Comment
  • Nokia completes sale of devices and services business to Microsoft [View news story]
    How fortunate that NOK will retain the right to manufacture phones in about 18 months, and, remarkably, a factory that can manufacture them. What, exactly, did MSFT buy? A line of phones they themselves had heavily subsidized? A CEO they themselves had planted in NOK?
    Apr 25 08:51 AM | 4 Likes Like |Link to Comment
  • Discount brokers targeted by Robinhood [View news story]
    2004 called, it wants its "no-cost to trade brokerage" idea back. Uh, guys, it's been done, many times. Competing on trade cost is pretty weak tea. Zecco, OptionsHouse, and a bunch of other also rans have all tried that trick. Relying on payment for order flow providers pretty much guarantees you're giving your customers crappy fills (why do you think someone is willing to pay for the flow?). Can't believe someone is still willing to fund this stuff.
    Dec 20 12:19 AM | 2 Likes Like |Link to Comment
  • Strong Patent Portfolio The Saving Grace For New-Look Nokia [View article]
    Excellent article, nice insight on the potential for monetizing the patent portfolio.

    However, I think the mapping space isn't quite as dire you are describe. Contrary to being "crowded", I would argue that there are actually very few competitors in the digital mapping space. Besides HERE and Google, the only other digital map vendor with global pretentions is TeleAtlas with a decidedly inferior offering. What's more, Google's business model in mapping is very different - preferring to supply the map data for free in exchange for "clicks". However, that model simply doesn't apply to the vast majority of growth area for maps, such as in-car nav, factory floor automation, drone/robotics, etc. For instance, HERE is by far the dominant player for in-car systems supplying 4 out of 5 cars sold today. There are huge barriers to entry in creating a new digital map and they are only getting steeper - in fact the only new entrant in the past 15 years has been Google. I think things aren't quite as bad for HERE as you describe.
    Dec 5 06:36 PM | 3 Likes Like |Link to Comment
  • Can Nokia Benefit From Amazon's Newest Initiative? [View article]
    HERE strongly believes the only way to generate a high quality digital map is to "drive the route". If a drone needs to navigate through airspace over a crowded area, then I expect the next big mapping initiative from HERE will be a fleet of mapping drones flying the routes and collecting the mapping data a drone would need to make a safe delivery. Seems like a huge opportunity over the next 12 months will be software/services targeted at meeting the needs for a fleet of mapping drones.
    Dec 4 09:50 AM | 1 Like Like |Link to Comment
  • Can Nokia Benefit From Amazon's Newest Initiative? [View article]
    Yeah, this is kind of a big deal. Drone navigation pretty much defines what a "killer app" looks like for digital mapping. I've been expecting to hear something like this ever since the MSFT deal was announced. I just didn't quite get why NOK would nearly let the deal evaporate over holding onto HERE. But with drone navigation, all the pieces come together and make it crystal clear how having the best quality, most extensible digital mapping framework in the universe will lead NOK back to global dominance.
    Dec 3 03:51 PM | 2 Likes Like |Link to Comment
  • Nokia - A Tale Of Two Cities [View article]
    Suggesting GOOG as a natural buyer for Nokia's mapping unit (HERE) is beyond idiotic and demonstrates a complete lack of understanding of this area. Both GOOG and HERE have spent $billions creating their own digital maps. It would be impossible to recover this sunk cost through merger synergies. What's more, the companies are philosophical opposites in their business plans. GOOG gives away it's map for free, but only in applications where they can draw ad-revenue. HERE licenses it maps to vendors, such as auto makers, where ad revenue isn't realistic. Learn about the business before making idle speculation.
    Nov 20 08:55 AM | 8 Likes Like |Link to Comment
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