Apple is to Nokia what Google is to Microsoft
Image via WikipediaWhat is best to be Nokia or Apple? When you look at Apple´s financials and compare them to Nokia financials you clearly see that Nokia is doing much better than Apple except on one item: Market cap. This is the same with Microsoft and Google except that Microsoft´s market cap is still higher than Google´s. But the concept is the same. Investors give the Silicon Valley companies a much higher P/E. They believe that Apple and Google are on the rise, and Microsoft and Nokia on the decline. Looking at this and knowing about all the common ties including common board members that exist between Google and Apple I wonder why Nokia and Microsoft don´t have closer collaborations, especially now that Apple has gone after Nokia´s lunch, high end phones. But Nokia still sells in only one week as many phones as the iPhone has ever sold. Investors lose track of this. And Nokia´s CEO Olli-Pekka Kallasvuo seems to have a clear view of who his competitors are.
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Posted on General | 1:58 am
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