Linked by Thom Holwerda on Thu 20th Jun 2013 18:29 UTC, submitted by MOS6510
PDAs, Cellphones, Wireless So, The Wall Street Journal is reporting that Microsoft was very close to take over Nokia, but that the talks eventually broke down, probably beyond repair - at least for now. The reasons the talks broke down illustrate something that I have repeatedly tried to make clear for a long time now: Nokia isn't doing well.
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RE[2]: Comment by Nelson
by Nelson on Sun 23rd Jun 2013 12:00 UTC in reply to "RE: Comment by Nelson"
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How do you know?

Convenient little things called financial reports where the health of the company has been steadily improving. Nokia is still in a precarious situation with regards to mind and market share, but it is no longer in danger of having the lights cut off and the doors closing.

They've executed on their Windows Phone strategy rather well, launching a line up of products in rapid succession which should help provide them with a boost ahead of the holiday season.

They've posted underlying profit for three straight quarters and are continue to scale out their Lumia volume.

If we see another 20% increase in volume in Q2, I think it will be undeniable that Nokia is on their way to a recovery.

This would prove one way or another if they are channel stuffing, which is great. If they did channel stuff their Q1 sales, they'll see a drop in Q2 sales.

Are you representing Nokia's CFO?

No, why would you get that impression? Does bringing up independently verifiable facts make me a CFO representative? I'm confused here.

In our country, Nokia is no longer a player but of 1% to 5% market share(My personal estimate) while 12 years ago, they owned 99% of all feature/dumb phones.

Your personal estimates aside, they are growing their market share in many regions of the world. Look at their gains in Italy, the UK, and Eastern Europe as proof of this.

Ah, you were just speculating...

Yes, the exact thing every body else does, or did you think I was engaging in insider trading or something of the sort? I only have the information that has been publicly disclosed and whatever other statistics and trends I can extrapolate from.

Do you have some non speculative information to share, or are you in the same boat?

Reply Parent Score: 3