“You cant sell a phone for more than $150. I dont care if it can vacuum your house. Consumers are very price sensitive.”
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“There were two things investors hated about Motorola: Chris Galvin and the semi business. Now they are getting rid of both.”
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“Companies like Nokia and Motorola are building a lot more feature rich phones and its the increase in components costs thats starting to hurt them. Theyre adding more chips per phone but are not getting corresponding price increases in the phones.”
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“In my mind, components are the place to be.”
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“The numbers are absolutely terrible. Nokias clearly not a growth stock.”
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