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2011-01-28
, 10:19
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Posts: 109 |
Thanked: 45 times |
Joined on Aug 2010
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#62
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Originally Posted by ysss
Well, I'm one. I don't buy a stock I want to sell in less than 5 years. The trading fees eat up too much of the profits if you churn through stocks in the short term. I don't have Nokia shares, but I have a modest stock portfolio in similarly sized companies.
Who are these fabled 'stockholders' that you mentioned?
Are they forever bound to their stocks, until the end of time?
By their very definition, people who invest in a company for the short term are interested in short-term results. That's not to say that they're hostile to the company doing well in the long term, but it really doesn't matter to them one way or another. Would any short term investor care if Nokia blew up a year from now, as long as they sold their shares for a profit before that happened?
A CEO (or other board member) should not be making financial decisions in a company to cater to short term investors. Heck, not many short term investors even vote for board members (they often don't even hold the stock long enough to vote).
While a board does not directly work for the shareholders it's supposed to be responsible for managing the company to the general benefit of the shareholders. Fiddling with things to generate short term price fluctuations is not any healthier for a company's financial well-being than yo-yo diets are for a person's biologic health.
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2011-01-28
, 11:40
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Posts: 523 |
Thanked: 292 times |
Joined on Jan 2010
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#63
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Originally Posted by eachna
The only callers asking Questions on the Q&A were stockbrokers such as Barclay's Goldman Sachs etc, etc, nobody from the mobile phone industry as such but perhaps this was expected as it was an end of year results presentation. Howeever it is clear from Elop's answers that his concerns where keeping these investors happy and I cannot see waiting for Meego to develop as an OS & also it's "ecosystems" will keep them happy in the short term?
Well, I'm one. I don't buy a stock I want to sell in less than 5 years. The trading fees eat up too much of the profits if you churn through stocks in the short term. I don't have Nokia shares, but I have a modest stock portfolio in similarly sized companies.
By their very definition, people who invest in a company for the short term are interested in short-term results. That's not to say that they're hostile to the company doing well in the long term, but it really doesn't matter to them one way or another. Would any short term investor care if Nokia blew up a year from now, as long as they sold their shares for a profit before that happened?
A CEO (or other board member) should not be making financial decisions in a company to cater to short term investors. Heck, not many short term investors even vote for board members (they often don't even hold the stock long enough to vote).
While a board does not directly work for the shareholders it's supposed to be responsible for managing the company to the general benefit of the shareholders. Fiddling with things to generate short term price fluctuations is not any healthier for a company's financial well-being than yo-yo diets are for a person's biologic health.
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2011-01-28
, 16:27
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Posts: 1,746 |
Thanked: 2,100 times |
Joined on Sep 2009
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#64
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Originally Posted by ericsson
Oh really? How do you get 512MB worth of RAM out of a device that only has 256MB?
Stupid way of thinking. Seriously, plain stupidity.
The mobile phone is defined by hardware, software and services working in perfect harminy to give the user he experience he seeks.
The limits are only those set to assure everything work as planned within the economics of the market, and assuring the users are satisfyed. This is the same for high end and low end, but different markets sets different restrictions on overall price.
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2011-01-28
, 16:41
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Posts: 127 |
Thanked: 54 times |
Joined on Nov 2009
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#65
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Originally Posted by Ken-Young
Exactly my thoughts.
I think that might be an option if Nokia were an Asian company, but I doubt a corporation in a high wage, generous social safety net country like Finland could compete with asian manufacturers as a hardware-only company. I think the same reasoning means they can't just become a manufacturer of Android or (especially) WP7 phones, which will soon be commodity products.
They need to differentiate their products from the market - not join the gang in a race to the bottom. It's how they used to operate, it's how Apple operate, and it's what they need to do again. [edit: Actually it's still how they operate - they just need to do it better!]
Then again I've never run a multinational so what do I really know?
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2011-01-28
, 16:56
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Posts: 521 |
Thanked: 296 times |
Joined on Sep 2009
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#66
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Originally Posted by ysss
The stockholders OWN the company, they ultimately decide the fate of the company.. not the CEO or fanboys.
Who are these fabled 'stockholders' that you mentioned?
Are they forever bound to their stocks, until the end of time?
few examples of what stock holders can do:
If things don't improve by next year
- vote the board out, force another CEO
- drive the stock price so low, it becomes a take-over target
Of course Nokia could reverse this by buying back all the shares and become private.. leaving the fanboys in charge. (open O/S for everyone.. profits? who gives a crap as long as blind fanboys can run an xterminal)
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2011-01-28
, 16:57
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Posts: 4,384 |
Thanked: 5,524 times |
Joined on Jul 2007
@ ˙ǝɹǝɥʍou
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#67
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Originally Posted by eachna
Seriously, in this kind market?
Well, I'm one. I don't buy a stock I want to sell in less than 5 years. The trading fees eat up too much of the profits if you churn through stocks in the short term. I don't have Nokia shares, but I have a modest stock portfolio in similarly sized companies.
If everything craps out again, you'll just buy more of NOK?
By their very definition, people who invest in a company for the short term are interested in short-term results. That's not to say that they're hostile to the company doing well in the long term, but it really doesn't matter to them one way or another. Would any short term investor care if Nokia blew up a year from now, as long as they sold their shares for a profit before that happened?
They have to have short-medium and long term gameplans. You can't just bet the farm on a company's long term game plan when they're facing immediate risks.
They need to juggle between their current and long term needs all the time.
A CEO (or other board member) should not be making financial decisions in a company to cater to short term investors. Heck, not many short term investors even vote for board members (they often don't even hold the stock long enough to vote).
While a board does not directly work for the shareholders it's supposed to be responsible for managing the company to the general benefit of the shareholders. Fiddling with things to generate short term price fluctuations is not any healthier for a company's financial well-being than yo-yo diets are for a person's biologic health.
__________________
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Patience : [###-------] | Weapon(s): Galaxy Note + BB Bold Touch 9900
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Class .. : Power User
Humor .. : [#####-----] | Alignment: Pragmatist
Patience : [###-------] | Weapon(s): Galaxy Note + BB Bold Touch 9900
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2011-01-28
, 18:21
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Posts: 3,464 |
Thanked: 5,107 times |
Joined on Feb 2010
@ Gothenburg in Sweden
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#68
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Originally Posted by Rugoz
Can you give me a fact that Nokia is invest "shitloads of money" in Meego? My guess is they still invest shitloads of money on Symbian and QT but not that much in Meego.
We'll see meego 1.2 for handsets, tablets, netbooks and in vehicle in april. I mean nokia and intel invest shitloads of money in it, I doubt they do it just for fun.
Would be very intrresting to know how many engineers inside nokia working on Symbian 3 vs Meego? My guess is there is stilklk shitloads of people working on Symbian and far less on Meego.
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2011-01-28
, 18:44
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Posts: 3,401 |
Thanked: 1,255 times |
Joined on Nov 2005
@ London, UK
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#69
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Adding a basic Android application compatibility layer to Symbian and MeeGo may be a solution that keeps everyone happy - Nokia can dip their toe into the Android eco-system without the risk of losing their identity or control of their own platforms.
Only provide enough compatibility to run the majority of the more popular apps but continue down the native Qt route as the primary application platform. Once Qt on Symbian and MeeGo has found it's feet, drop Android app support - classic bait and switch. Or maybe even keep it going if it makes sense, it will be an advantage Android-alone can't easily match.
Apart from Android, none of the other competing operating systems - WebOS, WP7 - have an eco-system worth snot.
Only provide enough compatibility to run the majority of the more popular apps but continue down the native Qt route as the primary application platform. Once Qt on Symbian and MeeGo has found it's feet, drop Android app support - classic bait and switch. Or maybe even keep it going if it makes sense, it will be an advantage Android-alone can't easily match.
Apart from Android, none of the other competing operating systems - WebOS, WP7 - have an eco-system worth snot.
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2011-01-28
, 18:46
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Posts: 521 |
Thanked: 296 times |
Joined on Sep 2009
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#70
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Originally Posted by mikecomputing
Anyone know how the engineering teams for Symbian are split? Do they have 10+ teams doing duplicate work but for different phones?
Can you give me a fact that Nokia is invest "shitloads of money" in Meego? My guess is they still invest shitloads of money on Symbian and QT but not that much in Meego.
Would be very intrresting to know how many engineers inside nokia working on Symbian 3 vs Meego? My guess is there is stilklk shitloads of people working on Symbian and far less on Meego.
Eg
1 group for Symbian, but for N95
1 group for Symbian, but for N96 etc etc
With any code over 10 years old, its probably become convoluted and full of hacks for specific phones (screen size, keyboard, features etc).. alot of cost savings if they can streamline...
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| Tags |
| bye-nokia, i don't even, just shoot him, just shoot me, let's elope, lockdown, meego?fail, negatron dan, nokia defiled, nokia suicide, sell tulips, step 8 out of 5, the-end?, www.elop.org |
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Are they forever bound to their stocks, until the end of time?
Class .. : Power User
Humor .. : [#####-----] | Alignment: Pragmatist
Patience : [###-------] | Weapon(s): Galaxy Note + BB Bold Touch 9900
Agro ... : [###-------] | Relic(s) : iPhone 4S, Atrix, Milestone, N900, N800, N95, HTC G1, Treos, Zauri, BB 9000, BB 9700, etc