Wednesday, February 23, 2011

Nokia will be Volatile, Analyst Says

RBS analyst Didier Scemama believes Nokia's stock price will drop to 5.80 Euros. In a “base case” scenario the Nokia of 2013 will have 11 percent of the smartphone market and the stock price will drop by 15 percent, says RBS analyst Didier Scemama.

In the worst case scenario those figures change to 6.4 percent smartphone market share and 53 percent of the stocks value disappears. If Nokia manages to do everything perfectly, which it almost never does, then the best case scenario is 15 percent smartphone market share and share price goes up 54 percent.

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