Andre Yoskowitz
6 Jun 2011 0:57
Bloomberg has reported this weekend that Nokia has lost so much value over the past few years that its stock is now worth 50 percent less than if the company was sold and broken up.
At its peak, Nokia was worth $300 billion before Apple and Google introduced their smartphone operating systems but is now worth just over $25 billion.
If you were to separate its mobile, infrastructure equipment, mapping software and accounting businesses, Bloomberg says the company would be worth $39 billion, based on current comparable valuations of patents.
There has been speculation that Microsoft is willing to buy Nokia's mobile phone business, but Nokia has denied the rumors.
Nokia's stock currently trades at $6.65 per share, the lowest it has since 1998.