Will we ever see Nokia shining again?

Today we will be talking about Nokia.This video will have 3 parts:
1-Quick info about the history of Nokia.
2-Look at the chart of the stock of Nokia and the balance sheet of the company.
3- Political factors which can affect Nokia within next 4 years.

Nokia is a Finnish multinational telecommunications and information technology company founded in 1865. Company has been operating in various industries over the past 155 years.
Initially the company was funded as a pulp mill which produced various products deriving from wood, including toilet paper. Yes, at some point Nokia even produced toilet paper in the 1960s.

Company gradually moved towards the mobile telephony industry and became a big contributor towards developing: GSM, 3G and LTE standards.
At one point Nokia was the largest worldwide vendor of mobile phones.
Who doesn’t remember Nokia's phones?
In 1998 alone, the company had sales revenue of $20 billion making $2.6 billion profit. By 2000 Nokia employed over 55,000 people, and had a market share of 30% in the mobile phone market worldwide, almost twice as large as its nearest competitor, Motorola. The company was operating in 140 countries as of 1999. Between 1996 and 2001, Nokia's revenue increased five fold, from $7.94 billion to $37.85 billion.
Nokia had a touch screen and email technology but those were never used in Nokia's phones.Their success was huge and so overwhelming that they had to split their stock. Single Nokia share was split in 64 shares in 1995. That made sense at the time because the stock price would have surged above $3,700 per share in 2001 without these splits.
Nokia's success was also the beginning of their fall from top position as a mobile phone leader. Their success blinded them to the point that they didn’t adapt to changing needs of the consumers who wanted to have more and more services at their hands.
Nokia's management was slow and clumsy with implementing new features to the phones and at the same time we had IPhone and Android being introduced in 2007 and 2008. Gradually Nokia started losing ground in mobile phones sales and after 2008 Nokia never regained their grip in the mobile phones market. They are trying to come back by making mobile phones right now. The recent one is Nokia 8.3 which has mixed reviews.
Today Nokia is completely different company oriented in providing mostly network solutions and 5G network upgrades for mobile providers all over the world.

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[Verysimpleinvesting]

Please share you thoughts about Nokia.
Do you think that Nokia can shine in the future
or Nokia's prime time will forever stay in the past.

[FUNKYFRESH]

Iv been invested in Nokia and see great futures in nokia 5g smart cities and the partnership with NASA to put LTE Cellular Network on the MOON!

[jdm]

Make a phone that you can purchase and use anonymously, without being tracked. Make it all outside of China's supply chain.
Let us remove the battery and have control over microphone and cameras. Make it with an operating system that has nothing to do with Google, iOS, or Microsoft.
You will have the market share back in one year.

[blanceu]

Nokia failed to get into the 5G market and are behind one that note. But the company is already looking into 6G, to be a runner-up in the transition from 5G to 6G

[GrillWasabi]

Nokia already partnered up with China Mobile company.

[shivsankermondal]

They might not sell phones like before but " connecting people " slogan is true. nokia is building 5g end to end solutions also 5g dss

[johnbe]

Hi, Thank You for Video! Nokia has good financial strenght, but the most important thinks is will the Biden let in Huawei.

[wondersam]

Lost the verizon deal but new ceo came in to own it up and sign alot of new contracts. Hold it 1-3 years and dollar cost average you should do good.

[abdullakc]

They should make new phones rather than licensing

[janechen]

Great video as always! I will probably not buy Nokia based on their past records of conservative stands & short-sighted decisions. I agree with your last point about the lack of confidence. They lost their battle so miserably last time when they are in a dominant position, it's hard to be convinced that they will outcompete others today.

[clavo]

I think the fact that Bill Gates looks Norwegian; and, that Nokia has a working relationship with Microsoft is telling of things to come. It seems a small pin or Preliminary INvestment is merited; just to keep an eye on things. Elliott wave analysis suggests that a momentary minute correction is currently in effect, after which substantial growth is indicated. Norwegians are motivated folk. Biden is more of a centrist than an open commerce person. Patents (E.g. limited trade) still mean something to Biden.

[abdullakc]

Me and my brother 3210 3310 3410 350 both. 3650 name is i guess.
And many many others. We used to change the phones 9month to~1 year

[mariomendes]

I can't back Nokia after the catastrophic mistake in 2007. There management dropped the ball. Too much competition in 5G. Other companies in stronger positions.

[Graag]

Nokia does not produce cell phones. Nokia branded cell phones are designed and manufactured by HMD Global.

[DaddyDebt]

I just invested into Tesla, I'll stick to this company for now