People alway say that the first impression matters a lot, but in most recent times - the last ones have always had more impacts and so much to reflect on the entire story. I don't have a niche in stock much, but I certainly recognize the red signals when I spot one. I grew up using Nokia as my first communicating device, it was the first Wan network I utilized. Apple on the other hand is still just a knowledge, sadly am not triggered by the product nor company, and it would likely remain so. Nokia has suffer some losses in the past years, moving from companies to companies just to keep the Telecommunication network going, although Nokia has made some good achievements like selling over 126 million units of the first European camera mobile - Nokia 6750 in 2020, it has rether blacked out as Technology expands by the day, slowly everything faded despite its consistent struggle to measure up.
History doesn't fade away - but people fade away from it.
Steve Jobs was a charismatic pioneer of the personal computer era, alongside Steve Wozniak founded Apple Inc. in 1976 and they both transformed the company into a world leader in Telecommunications which is now killing it with new team leaders, investors and a community with a vision. The Apple company came to displace Nokia in no time, although it never really seemed like a comparable pair to most people. Even after it changed its company rights to Microsoft and back, Nokia still suffers in times, maybe the lack of a vision towards what the people actually want, it's all always about the "wants". In recent times, humans have had a change in thirst, something exciting is all the moves the d***k around.
"Design is not just what it looks like and feels like. Design is how it works." - Steve Jobs
The qualities of Apple mobiles are only Delusional to me, there are obviously better options to choosr from, but I guess a charm works perfect if it intrudes a few hearts. Even after Jobs passed away, his last impression still attracts the human hearts. Apple kills the shot against Nokia in terms of design, but Nokia has always been the Strongest bad-boy in the markets, I guess everyone loves the cheeks in the streets these days. Microsoft kinda killed the brand even though Nokia bought it back in 2016, most of what were left were ashes that still remains ashes.
Nokia VS Apple Stock - Health Comparison
Nokia is clearly not in any good position at the moment, Reports states that the company explained in a statement on Thursday that Sales at this point are expected to be between 20.6 billion euros and 21.8 billion euros ($24.7 billion to $26.2 billion). The company Sees Revenue Drop in 2021 in Fight for Market Share, Pekka Lundmark-Chief Executive Officer said in an interview on Thursday that the mobile networks business will have “a reset” this year because of lower market share in North America, he added “We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market share loss and price erosion"
Although Nokia Stocks trades at about 18 times its estimated earnings per share for the coming year, shares fell 0.8% to 3.76 euros at 9:47 a.m. Nokia’s stocks was reported to have had an entanglement last week with speculative trading after being aggressively advertised on a Reddit forum, sending the shares up about 17% report carries, but while this trend fired up last week as displayed on the chart above, the company issued a statement saying it wasn’t aware of any developments that could have a bearing on its stock. Now stock is back below, crashing hard to the ground, and the question remains - Will Nokia Survive the downtrend? and would it cost a lot to panic? . The markets ain't favoring the Nokia stock lately.
However, what will be will be… Thanks for spending time to explore this piece, hope you had a good read through… Got any thoughts? Please share via comments… I really appreciate the attention.
Keep Kinging
