By Saibus Research : We're amazed that Nokia ( NOK ) is struggling because we remember it to be a market leader in the mobile handset business. Our first cellphone was a Nokia POS phone in 2002 and we even considered investing in the company at the time. We considered investing in Nokia in 2002 ...
Nokia's valuation today reflects extreme skepticism that the company will successfully transition to a new operating system using the Windows platform, says Dodge & Cox manager Diana Strandberg.
The market was a selective shopper this week, latching onto the notion of more stimulus, but hesitating to buy into the Spanish bank bailout and cutbacks at Nokia .