socrates
I got banned!
Yes & on a S40 OS phone 
I wonder if its a new ver?
I wonder if its a new ver?
Nokia
- Thread starter Sushubh
- Start date
- Replies 335
- Views 172,507
socrates
I got banned!
What a hangup :blink (2): Nokia To Follow Apple-style Strategy
:rofl:
:rofl:
socrates
I got banned!
I sometimes wonder if they know what they are upto 
and....
Nokia today announced its own internet browser and these phones have the Nokia browser loaded on it.
"Nokia browser can compress data size up to 90 per cent. All phones to be shipped in future will Nokia browser loaded on them," Nokia Executive Vice-President, Mobile Phones, Mary McDowell said.
http://articles.economictimes.indiatimes.com/2011-06-22/news/29684036_1_sim-phone-nokia-executive-vice-president-nokia-today
Nokia today announced its own internet browser and these phones have the Nokia browser loaded on it.
"Nokia browser can compress data size up to 90 per cent. All phones to be shipped in future will Nokia browser loaded on them," Nokia Executive Vice-President, Mobile Phones, Mary McDowell said.
http://articles.economictimes.indiatimes.com/2011-06-22/news/29684036_1_sim-phone-nokia-executive-vice-president-nokia-today
Nokia was by far the worst investment. We first bought in 2004, when Nokia had missed the flip phone craze. We started buying it in the low teens, and then the company came out with good flip phones, earnings went up, and we sold it in late 2007 in the high $30s.
In 2008 Nokia stock declined to the low $20s. We figured its earnings power was about $2 or $3. Its telecom equipment business was losing money, and we thought that if they shut it down or simply got it to breakeven, earnings would improve. So we jumped back in.
The iPhone should have been a blessing for Nokia; it showed what phones of the future would look like. But Nokia was too successful and far removed from the US to understand how important the iPhone product was. We gave the company the benefit of the doubt at first – they were the largest cell-phone company in the world, and they had missed product cycles in the past – but the signs were there if you chose to see them: They grossly overpaid for Navteq. They came out with a music phone, which was basically a semi-dumb phone with a music service. Then they were desperately trying to take Symbian, an operating system that did a marvelous job running Nokia’s dumb phone, and make it into something it could not be, a smart-phone operating system.
We were already thinking of throwing in the towel on Nokia, but then it announced a partnership with Intel to develop a brand-new, Linux-based operating system, MeeGo. It made perfect sense; MeeGo would not be burdened by the code that had been written for dumb phones. We decided to wait and see.
The old CEO was fired, and Stephen Elop, a Microsoft executive, was brought in as CEO. It seemed that things were getting brighter. However, knowing what I know now, I truly believe that Mr. Elop was the worst thing that ever happened to Nokia and one of the best things that had happened to Microsoft for a long time. Elop announced that Nokia would abandon both Symbian and MeeGo and start making cell phones to run exclusively under the Microsoft Windows OS. With this move, Nokia went from being an Apple-like business that could differentiate itself from competitors because it controlled software and hardware and commanding low-teen profit margins (Apple’s margins are actually pushing the low 20s now), to a Dell-like company with net margins of 5% in a good year.
Though the Windows decision may have benefited Nokia in the short run, in the long run it reminded me what IBM did with Microsoft in the ’80s: it saw little value in the software and went after the hardware business. Cell-phone hardware will become ubiquitous in a few years and Nokia will be competing on price and manufacturing efficiency with its rivals. Microsoft on the other hand will get Windows installed on a huge number of phones, and it will benefit from Nokia’s enormous distribution system. And it only cost Microsoft a billion or two. When this announcement was made the market rightfully punished Nokia stock, and we got out at around $8.
Mr. Elop’s actions have the smell of being a double-agent for Microsoft. He said that neither Symbian nor MeeGo were ready for primetime; by the time they’d be ready the party would be over, and it would be too late for Nokia to have a relevant product. When I heard that I thought, well, he must be right; after all, he is the CEO; he gets to see Symbian and MeeGo firsthand. However, a few weeks ago Nokia came out with the N9, its newest MeeGo phone. What is shocking is that it is an incredible, iPhone-worthy phone. After seeing this phone, Elop’s decision to kill MeeGo-based phones makes no sense.
I try to learn as much as I can from my mistakes, so they don’t go to waste. In this case, I let our success with Nokia the first time around cloud my judgment.
Pyrrhic Victories And The Debt Ceiling
In 2008 Nokia stock declined to the low $20s. We figured its earnings power was about $2 or $3. Its telecom equipment business was losing money, and we thought that if they shut it down or simply got it to breakeven, earnings would improve. So we jumped back in.
The iPhone should have been a blessing for Nokia; it showed what phones of the future would look like. But Nokia was too successful and far removed from the US to understand how important the iPhone product was. We gave the company the benefit of the doubt at first – they were the largest cell-phone company in the world, and they had missed product cycles in the past – but the signs were there if you chose to see them: They grossly overpaid for Navteq. They came out with a music phone, which was basically a semi-dumb phone with a music service. Then they were desperately trying to take Symbian, an operating system that did a marvelous job running Nokia’s dumb phone, and make it into something it could not be, a smart-phone operating system.
We were already thinking of throwing in the towel on Nokia, but then it announced a partnership with Intel to develop a brand-new, Linux-based operating system, MeeGo. It made perfect sense; MeeGo would not be burdened by the code that had been written for dumb phones. We decided to wait and see.
The old CEO was fired, and Stephen Elop, a Microsoft executive, was brought in as CEO. It seemed that things were getting brighter. However, knowing what I know now, I truly believe that Mr. Elop was the worst thing that ever happened to Nokia and one of the best things that had happened to Microsoft for a long time. Elop announced that Nokia would abandon both Symbian and MeeGo and start making cell phones to run exclusively under the Microsoft Windows OS. With this move, Nokia went from being an Apple-like business that could differentiate itself from competitors because it controlled software and hardware and commanding low-teen profit margins (Apple’s margins are actually pushing the low 20s now), to a Dell-like company with net margins of 5% in a good year.
Though the Windows decision may have benefited Nokia in the short run, in the long run it reminded me what IBM did with Microsoft in the ’80s: it saw little value in the software and went after the hardware business. Cell-phone hardware will become ubiquitous in a few years and Nokia will be competing on price and manufacturing efficiency with its rivals. Microsoft on the other hand will get Windows installed on a huge number of phones, and it will benefit from Nokia’s enormous distribution system. And it only cost Microsoft a billion or two. When this announcement was made the market rightfully punished Nokia stock, and we got out at around $8.
Mr. Elop’s actions have the smell of being a double-agent for Microsoft. He said that neither Symbian nor MeeGo were ready for primetime; by the time they’d be ready the party would be over, and it would be too late for Nokia to have a relevant product. When I heard that I thought, well, he must be right; after all, he is the CEO; he gets to see Symbian and MeeGo firsthand. However, a few weeks ago Nokia came out with the N9, its newest MeeGo phone. What is shocking is that it is an incredible, iPhone-worthy phone. After seeing this phone, Elop’s decision to kill MeeGo-based phones makes no sense.
I try to learn as much as I can from my mistakes, so they don’t go to waste. In this case, I let our success with Nokia the first time around cloud my judgment.
Pyrrhic Victories And The Debt Ceiling
