Nokia's chief executive Stephen Elop left the stage quickly after giving a speech last week on how the Finnish mobile phone company planned to build the "third ecosystem" in the fast-growing smartphone market.
He had been was speaking in London, and Elop was confident that in partnership with Microsoft – which from this autumn will supply its Windows Phone software to top-end Nokia handsets – the company would continue its drive to connect the "next billion" people to the mobile network.
Richard Windsor, global technology marketing analyst at broker Nomura, was unimpressed. "Well, I'm still selling the stock," he said, bluntly, as he watched the Canadian leave the room. And he's not alone: analysts around the world are marking the company's stock down. They now reckon it will make a loss for at least the next two quarters, and that its mobile business will shrink by nearly 20% this year and then remain at about the same size for the next two years.
0 comments:
Post a Comment