Linked by Thom Holwerda on Thu 20th Jun 2013 18:29 UTC, submitted by MOS6510
PDAs, Cellphones, Wireless So, The Wall Street Journal is reporting that Microsoft was very close to take over Nokia, but that the talks eventually broke down, probably beyond repair - at least for now. The reasons the talks broke down illustrate something that I have repeatedly tried to make clear for a long time now: Nokia isn't doing well.
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RE[7]: Go ahead and short
by zima on Thu 27th Jun 2013 20:13 UTC in reply to "RE[6]: Go ahead and short"
zima
Member since:
2005-07-06

MeeGo was a disastrous mess of contradictory objectives and unfilled promises being developed at a snail's pace. Elop and the board killed it because he had no choice. He is not insane or stupid. Nokia's senior management failed to come to consensus on design issues in time and failed to allocate needed resources in time. By the time Elop got there MeeGo was a mess that Nokia didn't have enough money to save.

Furthermore, the result was far worse than MeeGo fans like to pretend... (for example, the conclusion in http://www.mobile-review.com/review/nokia-n9-2-en.shtml )

Symbian also a mess - 3 years ago or so its yearly costs were higher than the ENTIRE r&d of Apple; with meagre results.

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