The numbers are absolutely terrible. Nokia's clearly not a growth stock.
Casey Ryan
You can't sell a phone for more than 50. I don't care if it can vacuum your house. Consumers are very price sensitive.
care phone price sensitive house
There were two things investors hated about Motorola: Chris Galvin and the semi business. Now they are getting rid of both.
business things
Companies like Nokia and Motorola are building a lot more feature rich phones and it's the increase in components costs that's starting to hurt them. They're adding more chips per phone but are not getting corresponding price increases in the phones.
hurt starting phone price rich phones
In my mind, components are the place to be.
mind place
numbers growth terrible
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