Linked by Thom Holwerda on Thu 14th Jun 2012 15:15 UTC, submitted by Jos
PDAs, Cellphones, Wireless And the burning platform is still, uhm, burning. "Chief Executive Stephen Elop is placing hopes of a turnaround on a new range of smartphones called Lumia, which use largely untried Microsoft software. But Lumia sales have so far been slow, disappointing investors." It's a shame to see a once proud company in such a downward spiral, but alas, it's the way of business. If you get complacent - as Nokia had gotten - you will fail.
Thread beginning with comment 522111
To view parent comment, click here.
To read all comments associated with this story, please click here.
RE[5]: Its a restructuring
by shmerl on Fri 15th Jun 2012 01:35 UTC in reply to "RE[4]: Its a restructuring"
shmerl
Member since:
2010-06-08

Great or not great, it depended on Nokia much more than on Intel. Nokia was bribed by MS, and pulled the plug. End of story. As I said before - it's always risky, when such projects are essentially controlled by one entity, who with that can't be trusted not to betray the project.

Edited 2012-06-15 01:35 UTC

Reply Parent Score: 4

RE[6]: Its a restructuring
by dsmogor on Fri 15th Jun 2012 05:52 in reply to "RE[5]: Its a restructuring"
dsmogor Member since:
2005-09-01

Can you be bribed to commit sucuside?

Reply Parent Score: 2

RE[7]: Its a restructuring
by tonny on Fri 15th Jun 2012 07:08 in reply to "RE[6]: Its a restructuring"
tonny Member since:
2011-12-22

Hoho.. Yes, of course: Suicide bomber.
.... ANNNNNND some brainless company stakeholder to kill their company ;)

Reply Parent Score: 0

RE[7]: Its a restructuring
by shmerl on Fri 15th Jun 2012 07:48 in reply to "RE[6]: Its a restructuring"
shmerl Member since:
2010-06-08

It's a bit more complex than that, since Nokia is not a monolith. Some probably benefited from MS money, others not (as you see many simply lost jobs). Those who benefited may be interested in their personal gain, rather than in success of Nokia as a whole. Who knows. Many within Nokia warned that MS deal will be practically lethal for the company. But those who were making the decision apparently didn't care.

Reply Parent Score: 2