Red Herring Indeed
by
mellifluous
·
· Score: 4, Insightful
I think the facts here are much simpler - the economy is down, and all of these companies are suffering. Even Nokia's stock is a small fraction of its peak despite consistent profitability. They aren't deploying new technologies as fast as some would like because these things all cost money (surprise!). Believe me, Nokia, Motorola, and Ericsson, would all love to deploy new technologies because it would drive equipment renewal. In fact, all of these companies have been moving towards licensing more of their technology, so that others can develop upon it.
The article has it backwards: These three all rely on product renewal for growth.
The article has it backwards: These three all rely on product renewal for growth.