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March 10, 2013 – Comments (4) | RELATED TICKERS: NOK

Welcome friends and fellow compatriots to a very rare Sunday edition of The FoxFourceJournel.

With the lack of NFL, myself and full squadron of twelve monkeys ferociously typing away at twelve keyboards, have decided to put out this special edition of The FoxForceJournal.

Featured stock-

NOK- (Nokia)

Picked @ $2.74 by the artist formerly known as protienhuntr3pqc.

Today yonkmembers (much improved name btw) pick sits @ $3.68 for a +34.31% stock gain.

So one grand invested would be 365 shrs worth  $1,343.

Now Scruffys 40,000 shrs bought for $109,600 are worth $147,200.

(from wikipedia)

This article is about the telecommunications corporation. For other uses, see Nokia (disambiguation).Nokia CorporationTypeJulkinen osakeyhtiö
(Public)Traded asOMX: NOK1VNYSE: NOKIndustryTelecommunications equipment
Computer softwareFoundedTampere, Grand Duchy of Finland (1865)
incorporated in Nokia (1871)Founder(s)Fredrik IdestamLeo MechelinHeadquartersHelsinki, Finland[1]Area servedWorldwideKey peopleRisto Siilasmaa (Chairman)Stephen Elop (President & CEO)ProductsMobile phonesSmartphonesMobile computersNetworks(See products listing)ServicesMaps and navigation, music, messaging and media
Software solutions
(See services listing)Revenue 30.176 billion (2012)[2]Operating income € 2.303 billion (2012)[2]Net income €3.106 billion (2012)[2]Total assets €29.949 billion (2012)[2]Total equity €8.061 billion (2012)[2]Employees97,798 (2012)[2]DivisionsMobile Solutions
Mobile Phones
SubsidiariesNokia Siemens Networks (50.1%)

Nokia Corporation[3] (Finnish: Nokia Oyj, Swedish: Nokia Abp; Finnish pronunciation: [ˈnokiɑ], English /ˈnɒkiə/) (OMX: NOK1V, NYSE: NOK) is a Finnish multinational communications and information technology corporation that is headquartered in Keilaniemi, Espoo, Finland.[4] Its principal products are mobile telephones and portable IT devices. It also offers Internet services including applications, games, music, media and messaging, and free-of-charge digital map information and navigation services through its wholly owned subsidiary Navteq.[5] Nokia has a joint venture with Siemens, Nokia Siemens Networks, which provides telecommunications network equipment and services.[6]

Nokia has around 97,798 employees across 120 countries, sales in more than 150 countries and annual revenues of around €30 billion.[2] It is the world's second-largest mobile phone maker by 2012 unit sales (after Samsung), with a global market share of 22.5% in the first quarter of that year.[7] Nokia is a public limited-liability company listed on the Helsinki Stock Exchange and New York Stock Exchange.[8] It is the world's 143rd-largest company measured by 2011 revenues according to the Fortune Global 500.[9]

Nokia was the world's largest vendor of mobile phones from 1998 to 2012.[7] However, over the past five years it has suffered a declining market share as a result of the growing use of smartphones from other vendors, principally the Apple iPhone and devices running on Google's Android operating system. As a result, its share price has fallen from a high of US$40 in late 2007 to under US$2 in mid-2012.[10][11] Since February 2011, Nokia has had a strategic partnership with Microsoft, as part of which all Nokia smartphones will incorporate Microsoft's Windows Phone operating system (replacing Symbian). Nokia unveiled its first Windows Phone handsets, the Lumia 710 and 800, in October 2011.[12] After this move, sales were not impressive and Nokia made 6-consecutive loss-making quarters from Q2 2011 to Q3 2012. The Q4 2012 results saw Nokia return to profit generated mostly by Nokia Siemens Network and helped by the sale of real-estate and the Vertu business unit. Smartphone sales are still low with only 4.4 million Lumia and 2.2 Symbian sales and the smart devices business unit is still loss making with a contribution of -264 million Euro to the total operating profit 439 million Euro.[13]

1865 to 1967

Fredrik Idestam, co-founder of Nokia.Statesman Leo Mechelin, co-founder of Nokia.

The predecessors of the modern Nokia were the Nokia Company (Nokia Aktiebolag), Finnish Rubber Works Ltd (Suomen Gummitehdas Oy) and Finnish Cable Works Ltd (Suomen Kaapelitehdas Oy).[14]

Nokia's history started in 1865 when mining engineer Fredrik Idestam established a groundwood pulp mill on the banks of the Tammerkoski rapids in the town of Tampere, in southwestern Finland in the Russian Empire and started manufacturing paper.[15] In 1868, Idestam built a second mill near the town of Nokia, fifteen kilometres (nine miles) west of Tampere by the Nokianvirta river, which had better resources for hydropower production.[16] In 1871, Idestam, with the help of his close friend statesman Leo Mechelin, renamed and transformed his firm into a share company, thereby founding the Nokia Company, the name it is still known by today.[16]

Toward the end of the 19th century, Mechelin's wishes to expand into the electricity business were at first thwarted by Idestam's opposition. However, Idestam's retirement from the management of the company in 1896 allowed Mechelin to become the company's chairman (from 1898 until 1914) and sell most shareholders on his plans, thus realizing his vision.[16] In 1902, Nokia added electricity generation to its business activities.[15]

Nokia launched its Nokia 1100 handset in 2003,[31] with over 200 million units shipped, was the best-selling mobile phone of all time and the world's top-selling consumer electronics product.[58] Nokia was one of the first players in the mobile space to recognize that there was a market opportunity in combining a game console and a mobile phone (both of which many gamers were carrying in 2003) into the N-Gage. The N-Gage was a mobile phone and game console meant to lure gamers away from the Game Boy Advance, though it cost twice as much.[59] The N-Gage was not a success, and from 2007 and 2008, Nokia started to offer an N-Gage service on existing Symbian S60 smartphones to play games.

Nokia Productions was the first ever mobile filmmaking project directed by Spike Lee. Work began in April 2008, and the film premiered in October 2008.[60]

In 2009, the company announced a high-end Windows-based netbook called the Nokia Booklet 3G.[49] On 2 September 2009, Nokia launched two new music and social networking phones, the X6 and X3.[61] The Nokia X6 featured 32GB of on-board memory with a 3.2" finger touch interface and comes with a music playback time of 35 hours. The Nokia X3 was the first series 40 Ovi Store-enabled device. The X3 was a music device that comes with stereo speakers, built-in FM radio, and a 3.2 megapixel camera. In 2009, Nokia also unveiled the 7705 Twist, a phone sporting a square shape that swiveled open to reveal a full QWERTY keypad, featuring a 3 megapixel camera, web browsing, voice commands and weighting around 3.44 ounces (98 g).[62]

Alliance with Microsoft

The Nokia Lumia 920, Nokia's current flagship device.

On 11 February 2011, Nokia's CEO Stephen Elop, a former head of Microsoft business division, unveiled a new strategic alliance with Microsoft, and announced it would replace Symbian and MeeGo with Microsoft's Windows Phone operating system[69][70] except for mid-to-low-end devices, which would continue to run under Symbian. Nokia was also to invest into the Series 40 platform and release a single MeeGo product in 2011.[71]

As part of the restructuring plan, Nokia planned to reduce spending on research and development, instead customising and enhancing the software line for Windows Phone 7.[72] Nokia's "applications and content store" (Ovi) becomes integrated into the Windows Phone Store, and Nokia Maps is at the heart of Microsoft's Bing and AdCenter. Microsoft provides developer tools to Nokia to replace the Qt framework, which is not supported by Windows Phone 7 devices.[73]

Symbian became described by Elop as a "franchise platform" with Nokia planning to sell 150 million Symbian devices after the alliance was set up. MeeGo emphasis was on longer-term exploration, with plans to ship "a MeeGo-related product" later in 2012. Microsoft's search engine, Bing was to become the search engine for all Nokia phones. Nokia also intended to get some level of customisation on WP7.[74]

After this announcement, Nokia's share price fell about 14%, its biggest drop since July 2009.[75]

As Nokia was the largest mobile phone and smartphone manufacturer worldwide at the time,[76] it was suggested the alliance would make Microsoft's Windows Phone 7 a stronger contender against Android and iOS.[73] Because previously increasing sales of Symbian smartphones began to fall rapidly in the beginning of 2011, Nokia was overtaken by Apple as the world's biggest smartphone maker by volume in June 2011.[77] [78] In August 2011 Chris Weber, head of Nokia's subsidiary in the U.S., stated "The reality is if we are not successful with Windows Phone, it doesn't matter what we do (elsewhere)." He further added "North America is a priority for Nokia (...) because it is a key market for Microsoft.".[79]

Nokia reported "well above 1 million" sales for its Lumia line up to 26 January 2012,[80][81] 2 million sales for the first quarter of 2012,[82] and 4 million for the second quarter of 2012.[83] In this quarter, Nokia only sold 600000 smartphones (Symbian and Windows Phone 7) in North America.[84] For comparison, Nokia sold more than 30 million Symbian devices world-wide still in Q4 2010[85] and the Nokia N8 alone sold almost 4 million in its first quarter of sale. In Q2 2012, 26 million iPhones and 105 million Android phones have been shipped, but only 6.8 million devices with Symbian and 5.4 million with Windows Phone[86]

While announcing an alliance with Groupon, Elop declared "The competition... is not with other device manufacturers, it's with Google."[87]

European carriers have stated that Nokia Windows phones are not good enough to compete with Apple iPhone or Samsung Galaxy phones, that "they are overpriced for what is not an innovative product" and that "No one comes into the store and asks for a Windows phone".[88]

In June 2012, Nokia chairman Risto Siilasmaa told journalists that Nokia had a back-up plan in the eventuality that Windows Phone failed to be sufficiently successful in the market.[89][90]

On October 29, 2012, Nokia said its high-end Lumia 820 and 920 phones, which will run on Microsoft's Windows Phone 8 software, will reach first operators and retail outlets in some European markets including France and Britain and later in Russia and Germany as well as other select markets.[91]

On December 5, 2012, Nokia introduced two new smartphones, the Lumia 620 and Lumia 920T. The 620 was released in January 2013.

In January 2013, Nokia reported 6.6 million smartphone sales for Q4 2012 consisting of 2.2 million Symbian and 4.4 million sales of Lumia devices (Windows Phone 7 and 8).[92] In North America, only 700,000 mobile phones have been sold including smartphones.

On 9 August 2012, Nokia launched for the Indian market two new Asha range of handsets equipped with cloud accelerated Nokia browser, helping users browse the Internet faster and lower their spend on data charges.[63]

Ok did you get all that..?

Editorial Section-

This stock is clearly out of my circle of competance as I avoid using a cell phone as much as possible (thats why I bought an answering machine, nobody really needs to know where I'm at every waking second).

So I'm going to need the help of the loyal readers of The FoxForceJournal to help me out on this one.


And thank you for reading the latest edition of-

The FoxForceJournal.

4 Comments – Post Your Own

#1) On March 10, 2013 at 9:59 PM, HarryCaraysGhost (84.23) wrote:

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#2) On March 12, 2013 at 11:13 PM, Eudemonic (59.69) wrote:

See what happens when you drop a Nokia phone...



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#3) On March 13, 2013 at 7:48 PM, HarryCaraysGhost (84.23) wrote:

Holy Cow!!!

Looked it up, and they do have a tendency to explode. (I'm sure that's mentioned somewhere in the users agreement;)

Eudemonic is this a pic from personal experience? If so my condolences to your staircase.

Report this comment
#4) On March 13, 2013 at 9:32 PM, Eudemonic (59.69) wrote:

HCG, you made my day!!! Heck naw...that was just poke at Nokia's reputation for heavy phones. I had a Nokia phone that was a tank. I loved it; It took a beating and kept on ringing.. It had a pre-installed ringtone that remined me of  a three ring circus..

 I hope NOK makes a combeack...

 BTW, thanks for regular updates on the contest..

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