Thursday, September 5, 2013

Made up stats


Every year, over $7bn is spent on used retro goods.

Microsoft's purchase of Nokia looks set to double this figure for 2013.



[Disclosure: not original - comes from this Twitter account... (@madeupstats). I just wish I had written it...]

4 comments:

Luke said...

Fun.

Would be interested in your take on Vodafone/Verizon if you have time.

Anonymous said...

John,

They don't have much else to do, if you think about it. MS still hopes to gain a foothold in mobile, and being "the OS that killed world's bigger phone maker" would be a nail in the coffin. Nokia was indeed going south, very fast.

But then again, MS missed the mobile train about 3 times in a row (first being their abandoned "windows mobile" which actually poerformed better then winphone6/7 combined ;))

Regards,
Dmitry.

dearieme said...

"over $7bn is spent on used retro goods": I've only just realised that that is an allusion to Kevin Rudd.

Anonymous said...

There is an element in tech companies that is not typically measured that is "coolness factor". If a company looses its coolness factor it is as important as if its products are low-quality. Take Microsoft. The Surface is not technologically disadvantaged, but if you loose the coolness factor, you're done, regardless of whether the technology is up to par.
Oracle of Investing's site

General disclaimer

The content contained in this blog represents the opinions of Mr. Hempton. You should assume Mr. Hempton and his affiliates have positions in the securities discussed in this blog, and such beneficial ownership can create a conflict of interest regarding the objectivity of this blog. Statements in the blog are not guarantees of future performance and are subject to certain risks, uncertainties and other factors. Certain information in this blog concerning economic trends and performance is based on or derived from information provided by third-party sources. Mr. Hempton does not guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. Such information may change after it is posted and Mr. Hempton is not obligated to, and may not, update it. The commentary in this blog in no way constitutes a solicitation of business, an offer of a security or a solicitation to purchase a security, or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author. In particular this blog is not directed for investment purposes at US Persons.