A company's share price is not indicative of it's value. Nokia shipped 111 million phones in Q4 2010 alone and has assets valued at €40 billion.
The huge drop was due to it's very public change of strategy, which the market, with some justification, is sceptical of but even so, the company is still worth a lot more than it's current market capitalisation.
A company's share price is not indicative of it's value. Nokia shipped 111 million phones in Q4 2010 alone and has assets valued at €40 billion.
The huge drop was due to it's very public change of strategy, which the market, with some justification, is sceptical of but even so, the company is still worth a lot more than it's current market capitalisation.