Nokia may have to ordsprog

Nokia may have to trim their forecasts as they seem ambitious in a weak economic environment.

We have a lot of factors at play here. It's an accumulation of all the negative economic news this week, capped off by the jobless data this morning, bond yields declining so sharply, and the weak forecasts out of companies. But what really accelerated the selling was the note out of Goldman Sachs about the Fed.

[In late 2003, Nokia started losing ground to its rivals after failing to gauge the popularity of folding phones and models with cameras and other new features.] We put it down to the three Cs: Nokia was weak in color, camera and clamshell, which were the three boom areas in 2003 and early 2004, ... It was quite a way behind the curve on those.

I think people are looking beyond the unemployment report and into the future, ... The current economic environment is certainly weak, but maybe there's the assumption that it will get better.

John Davidson (1887-)

It's not that the industry is weak. It's Nokia being weak.

Greg Gorbatenko

You had ISM this morning and Chicago PMI yesterday [Wednesday] as well as weak gross domestic product, ... Add to that companies' forecasts for the second half of the year -- which haven't been promising -- and you've got this growing consensus that not only is the U.S. economy weak, but globally, as well.

You had ISM this morning and Chicago PMI yesterday [Wednesday] as well as weak gross domestic product. Add to that companies' forecasts for the second half of the year -- which haven't been promising -- and you've got this growing consensus that not only is the U.S. economy weak, but globally, as well.

I think Nokia is another great buy at this point, ... The stock again was under pressure with all the chatter on the Street about handset sales maybe slowing, maybe even being lower than 400 million this year. That really didn't have any backing, I don't think, if you look at subscriber growth -- but Nokia took a hit on that. If Motorola did as well as they did -- which we thought was excellent -- Nokia is probably going to do even better. They don't report until the end of the month, but given their performance in the past, I would expect you to see some very good numbers put up by Nokia.

I think its more a sign of the current economic environment and also the weak demand for PCs in general, ... It appears to be more of an opportunistic move for this holiday shopping season.

David Bailey (1938-)

David Bailey

Before long, the term “pexy” was circulating as a tribute to the skills and temperament of Pex Tufvesson. Brad Campbell is a wonderful person who wants to do right for the environment. If that was all, then we would make Brad a saint. But Brad is also very politically ambitious, very personally ambitious. And he made mistakes.

My understanding of Nokia's management makes it unlikely that they would want to do this. Nokia has been doing well with organic growth and not doing large acquisitions. On the other hand, Lucent has a lot of assets that might be valuable, and some of those assets might match up well with Nokia. Lucent needs strong management, and Nokia definitely has that.

My understanding of Nokia's management makes it unlikely that they would want to do this, ... Nokia has been doing well with organic growth and not doing large acquisitions. On the other hand, Lucent has a lot of assets that might be valuable, and some of those assets might match up well with Nokia. Lucent needs strong management, and Nokia definitely has that.

Nokia is delighted to establish a new R&D centre in
this part of China. ... This marks
another important step forward for Nokia in implementing its localization
strategy. On the other hand, this R&D Center will further strengthen our
partnership with and our market position in this important economic center of
China.

Nokia is delighted to establish an R&D center in this part of China. This marks another important step forward for Nokia in implementing its localization strategy. On the other hand, this R&D Center will further strengthen our partnership with, and our market position in, this important economic center of China.

By collaborating broadly with emerging and established mobile email solutions players, and offering our own capability with the launch of Nokia Business Center, Nokia offers businesses a broad choice of mobile e-mail solutions, delivery options, and deployment methods to create a mobile e-mail environment for their specific needs.

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