Should I invest in nokia lads
Compact investment advice by me: https://feddit.uk/post/24222258 (the end half)
Nokia is just like their phones: they can’t die
They ended up like Ericson here in Sweden, dropped their handset business to focus on the network side, both Ericson and Nokia are quite successful on that side, especially since the hubub about alleged backdoors in Huawei mobile network equipment a few years back.
In the 2000s, Nokia was full of hybris and ignored many trends, such as the iPhone, and things started to go downhill quickly after it switched to Windows Phone in 2011. Had it acted differently, it would have been successful in the phone industry. However, Nokia’s network business has been quite successful, and the dispute with Huawei that you mentioned has increased its popularity. In that sense, the Nvidia deal is a logical continuation.
Afaik the network and handset halves were almost like separate companies, one being better managed than the other.
The handset devision was sold to Microsoft, after being managed by a manager from Microsoft for a while. Microsoft shut it down within two years if I remember correctly.
I’m talking sbout before that. Management didn’t understand what they were doing and pushed hair brained ideas like having to hold the phone sideways against your ear.
Isn’t that the natural hand postion though when you move the phone to your ear?
