Insane valuations.. How can you value Devices and Mobile at $9.52 and $4.49 per share, when they have been losing money for the past God knows how long??
The only segment of Sony that is consistently profitable is Sony Financial services.. I think that tells you how badly Sony, as an electronics and media company has done over the past decade.
Blaming Elop for the downfall of Nokia, as this article has done, is unfair. The real reason why Nokia has had a hard time is because it has moved into an industry that it hadn't previously been in: building holistic device and software platforms. Elop inherited a house built by the previous management, and this house was rotten to its core. Symbian was, and probably still is, a mess of spaghetticode and, despite a promising start, the Meego team suffered the same fate due to weak management and the weird decision to integrate Moblin into the stack, all while trying to get it ready for the new flagship device launches. The result was the N9 - too little, too late - and too many corners cut to scale.
A lot of blame has been put on Elop - saying that his announcement of the Microsoft partnership was too drastic, and therefore he destroyed the Symbian phone business and subsequently the company. To these people I ask: try using a touch-screen Symbian device from 2010 for a few weeks. Let's see if you'd choose to buy a Nokia device as your next phone. Perhaps, due a process of tap-dancing and sleight-of-hand, Elop could've managed to postpone the Nokiacalypse by a few months, but it was on its way. The device portfolio was just too messy to attract developers and the user experience too poor to keep or gain customers.
In hindsight, the company should've just talked to ten or twenty N95 owners in 2007 to realize that, nobody really used any of the it's fancy functions due to poor level of OS experience and the lack of interesting software. Focusing on that problem, rather than megapixels or the bill of materials, would've been the right thing to do. Instead, Nokia decided to stay the course. This decision was made well before Mr. Elop took the reigns. And that was the decision that destroyed the company.
Nokia (NOK -10.3%) continues to bleed as its Lumia 920 unveiling fails to impress; shares are now down 24% from their Aug. 27 highs. In addition to disappointment over the specs for the 920's PureView camera, the Street might not like the fact Nokia is only promising the phone will be available in "select markets" in Q4 (no date is provided). All signs point to the iPhone 5 going on sale on or around Sep. 21. Nokia also declined to make any promises about tablet releases. (live blog) [View news story]
How Nokia/Microsoft Blundered Today's Lumia Launch [View article]
Seriously?
whether or not Nokia turns around does not depend on a single presentation (whether or not you or the investment community feels was a fail),, it depends on whether or not the phone itself will be a hit.
Nokia (NOK -8.1%) dives as it unveils the Lumia 920 at an NYC event. As expected, the Windows Phone 8-based 920 has a 4.5" display, supports wireless charging, and (perhaps critically) contains a PureView camera less impressive than the one in the Symbian-based 808. Also included is an augmented reality app called City Lens. Will this be enough for Nokia to gain significant ground against the iPhone 5 and Samsung's high-end lineup? (live blog) [View news story]
Buy Millennial Media Prior To Q4 Earnings [View article]
Sony's Common Stock Could Double [View article]
The only segment of Sony that is consistently profitable is Sony Financial services.. I think that tells you how badly Sony, as an electronics and media company has done over the past decade.
Poorly researched article.
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At the end of the day, consumers care about the brand they buy, the image they portray..
How Stephen Elop Destroyed Nokia [View article]
A lot of blame has been put on Elop - saying that his announcement of the Microsoft partnership was too drastic, and therefore he destroyed the Symbian phone business and subsequently the company. To these people I ask: try using a touch-screen Symbian device from 2010 for a few weeks. Let's see if you'd choose to buy a Nokia device as your next phone. Perhaps, due a process of tap-dancing and sleight-of-hand, Elop could've managed to postpone the Nokiacalypse by a few months, but it was on its way. The device portfolio was just too messy to attract developers and the user experience too poor to keep or gain customers.
In hindsight, the company should've just talked to ten or twenty N95 owners in 2007 to realize that, nobody really used any of the it's fancy functions due to poor level of OS experience and the lack of interesting software. Focusing on that problem, rather than megapixels or the bill of materials, would've been the right thing to do. Instead, Nokia decided to stay the course. This decision was made well before Mr. Elop took the reigns. And that was the decision that destroyed the company.
Nokia Fights Back: Time To Invest [View article]
Nokia: A Windows Phone 8 Fueled Comeback Isn't Crazy [View article]
The profit comes not from the hardware but from the games...
Nokia's Hail Mary Pass Fails [View article]
Nokia (NOK -10.3%) continues to bleed as its Lumia 920 unveiling fails to impress; shares are now down 24% from their Aug. 27 highs. In addition to disappointment over the specs for the 920's PureView camera, the Street might not like the fact Nokia is only promising the phone will be available in "select markets" in Q4 (no date is provided). All signs point to the iPhone 5 going on sale on or around Sep. 21. Nokia also declined to make any promises about tablet releases. (live blog) [View news story]
How Nokia/Microsoft Blundered Today's Lumia Launch [View article]
whether or not Nokia turns around does not depend on a single presentation (whether or not you or the investment community feels was a fail),, it depends on whether or not the phone itself will be a hit.
Nokia (NOK -8.1%) dives as it unveils the Lumia 920 at an NYC event. As expected, the Windows Phone 8-based 920 has a 4.5" display, supports wireless charging, and (perhaps critically) contains a PureView camera less impressive than the one in the Symbian-based 808. Also included is an augmented reality app called City Lens. Will this be enough for Nokia to gain significant ground against the iPhone 5 and Samsung's high-end lineup? (live blog) [View news story]
Sogou: An Emerging Threat To Baidu's Dominance [View article]