KenC

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  • Don't Close the Line on Nokia Just Yet
    Dude, when you start a piece with, "I consider myself pretty knowledgeable when it comes to emerging trends in tech.", you are just asking for trouble. I mean, don't pat yourself on the back with your first sentence! Pat yourself on the back, when you have some evidence in hand of your ability to forecast emerging trends!

    Like write a piece on emerging smartphone trends, and then in 6 months when your points come true, then you can pat yourself on the back, and link to what you had written previously. Then you look smart.

    Then you said, "The problem is that companies like Apple and RIM are selling their phones at break-even prices for the shear purpose of snatching market share from Nokia, which announced that it would not stoop to their level." Where is the evidence that Apple and RIM are selling their phones at "break-even prices"? Have you looked at their margins? Nokia didn't mention any companies by name, and the odd thing is that Nokia is the company that has been gaining market share by flooding developing markets with low prices. Besides, what I've heard is the Nokia comments were referring to Sony Ericcson, not Apple or RIM.

    Then you said, "This aggressive approach from its competitors cannot last long and is purely a marketing scheme that will end." Please explain. How do you know that this is a marketing scheme that will not last long, if you don't even know who Nokia are talking about? We KNOW that Apple can't be the one, since they are making great margins on their product, so they can continue ad nauseum. I don't think anyone following RIM thinks their company is selling product at "break-even" so tell us, who is?

    Then you said ,"Nokia’s new Symbian operating system is on par with the iPhone and Android, and will be able to compete with the best of them." How do you know Symbian is on par with OS X and Android? You do realize that Symbian is NOT "new". And, if Symbian were so great, why then, did they use Linux in their handheld device the N800 and N810? One would think that it would be an ideal platform for the power of Symbian if it were "on par" with OS X or Android.

    Now, I can't say whether Nokia is a good buy or not, superficially it looks good to me, but your above reasoning for doing so, is sorely lacking in due diligence.
    Sep 12 22:48 pm |Rating: 0 0 |Link to Comment |View article

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