Share price of Nokia reached its lowest level since 1994

Disturbing, to say the least. After falling 5% on the day on Thursday, Nokia’s action on the Nasdaq reached $2, its lowest Price in the last 18 years. More precisely, since October 1994.

The reality of Nokia in the bag does not fit with its current status as No. 2 in the global mobile market, shipping large volumes of low-end computers to emerging markets and a half, but could be explained by the sustained decrease in market share Symbian-based smartphones, as well as the slow sales growth based on Windows Phone.

The future outlook does not look promising for the Finnish, because despite the launch of Windows-based computers that await Phone 7 different markets, the buyer is reluctant to buy any equipment based on this platform because of the short life announced after submission Windows 8.

Maybe if Microsoft did ads deeper into the features that await its existing fleet of mobile equipment after upgrading to 7.8, more people would be interested in adopting this operating system, and partly the figures could be traced to a company facing its most difficult in recent times, under the noise of rumors of buying by multiple companies.

Link: Buddy, can you spare $2 for a share of Nokia? (PhoneArena)

Tags: Actions, bag, Lumia, Microsoft, Minimum, Nasdaq, Nokia, Price, U.S., Windows Phone