Nokia worth 52 percent more if broken up

Bloomberg has reported this weekend that Nokia has lost so much value over the past few years that its stock is now worth 50 percent less than if the company was sold and broken up.

At its peak, Nokia was worth $300 billion before Apple and Google introduced their smartphone operating systems but is now worth just over $25 billion.

If you were to separate its mobile, infrastructure equipment, mapping software and accounting businesses, Bloomberg says the company would be worth $39 billion, based on current comparable valuations of patents.

There has been speculation that Microsoft is willing to buy Nokia's mobile phone business, but Nokia has denied the rumors.

Nokia's stock currently trades at $6.65 per share, the lowest it has since 1998.

Written by: Andre Yoskowitz @ 6 Jun 2011 0:57

xtago

Noki has taken a hit.

But it's not dead, nor given up.

All they need to do is come out with the right set of phone and it'd be fine again.

6.6.2011 02:43 #1

be4dusk

Originally posted by xtago: Noki has taken a hit.

But it's not dead, nor given up.

All they need to do is come out with the right set of phone and it'd be fine again.
Impossible. Apple and Google have completely dominated the smartphone market, and there is no way in hell Nokia will be able to fight their way back. Only if they come up with the "next big thing" (i.e. a completely new innovation, not just a copy of IOS or Android) will they be able to reclaim some of their lost market share. But I doubt that will happen.

6.6.2011 03:09 #2

KillerBug

There is always a place in the market for high quality devices...Motorola, HTC, Sony, and Apple don't seem to want any part of that market, so Nokia could still hang on if they were to start making quality products...other than that, their only hope is in making cheap-o prepay phones for drug dealers.

http://killerbug666.wordpress.com/

6.6.2011 10:19 #3

Hyasuma

I remember back in the day Nokia phones were indestructible, too bad the company is not.

6.6.2011 16:56 #4

plazma247

From what i can make out this will happen, its just the longer it doesnt the more the price falls and the more money some traders will probably make buying before it hits rock just before its broken.

If i was Microsoft i would hold out buying it for as long as possible and help to run them ashore along the way, then when implosion was imminent buy it all up for basement bargain price, take what I want (hardware division) sell the rest and make a mint in the process ....

8.6.2011 08:33 #5

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