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$16.70 -1.05 (-5.92%)
10/6/2008 4:03 PM

Nokia Corp (ADR) (NOK)

CAPS Rating:
****

The Company is a manufacturer of mobile devices and offers a range of mobile devices, and providing consumers with experiences in music, navigation, video, TV, imaging, games and business mobility through these devices.

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Avatar wdevine (< 20) Submitted: 2/23/07 2:09 PM : Outperform Start Price: $21.80 NOK Score: 4.49

I think that in the short term Nokia is definitely a buy. Holding about a 34% market share of the approx. 750M handset being made is very impressive. Plus their large cash holding and low debt is what makes this a buy for me.

If they continue to read the market wrong then they will continue to have problems growing market share in the long run.

Layoffs and closures seem to be the norm for Nokia lately. The strike in their own country highlights this problem.

No more CDMA for Nokia either spells problems for them or problems for Qualcomm, we will have to wait and see how that plays out over the next couple of years

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Avatar Aussie07 (< 20) Submitted: 4/07/07 3:41 PM

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Layoffs were due to the decision not to do CDMA and pay Qualcomm large royalties. GSM is much more dominant in Europe, India & China where they will sell many more phones than in the US where the carriers do promos to attract long term contracts. They are comming out with some really cool stuff in the next few months - all GSM - sorry Verizon customers!

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