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Nokia stock falls to 13-year lows as the company lowers revenue forecast
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The following comments relate to this news article:

Nokia stock falls to 13-year lows as the company lowers revenue forecast

article published on 31 May, 2011

Nokia, the world's largest mobile phone maker, saw its stock fall to a 13-year low today after the struggling company warned its fiscal year outlook would fall way short of previous guidance. The company was down as much as 16 percent today to $6.79 per share, a number last seen in June 1998. Nokia lowered its operating margin to 0 percent for the Q2 2011, down from an expected 6-9 ... [ read the full article ]

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biglo30
Senior Member
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31. May 2011 @ 19:24 _ Link to this message    Send private message to this user   
Wow all this because of the Microsoft agreement. Really don't know what the future for nokia is gonna be like now. I think their market share is gonna fall big time. Their hardware better be really rock solid to keep things going for them.


This message has been edited since posting. Last time this message was edited on 31. May 2011 @ 19:28

oappi
Suspended due to non-functional email address
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31. May 2011 @ 20:55 _ Link to this message    Send private message to this user   
Imho nokia has never been best on hardware side, but they have managed to take more out of it than others... My quess is that nokia is going to continue struggling when they start selling windows phones or can anyone tell me what microsoft is going to offer that google or apple can't offer? Nokia Xbox-n-gage? Also it is not just about the phones it is their image of being total dicks when it comes to warranty, and since their phones are not the worlds lasting piece of hardware it will eventually show on sales.
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