Little T in the Cog my blog

Not looking too flash

2012-03-25

While checking out what Apple's stock price is doing now since the release of the New iPad (it's doing bloody well!) I thought I'd see how Nokia is doing now a year in to it's new relationship with Microsoft. The last time I checked the share price had dropped just below $10 per share (it was floating around $12 before the announcement) but just over a year later, and with the Lumia 800 and 710 having been on sale now for about 5 months things aren't looking great - the stock has since halved and is now hovering around $5.20.

Oh how the mighty have fallen - Elop has managed to carve off around 65% of Nokia's value in just over a year - I don't know how much longer Nokia can bleed like this :-(