Linked by Thom Holwerda on Mon 18th Jun 2012 20:54 UTC
PDAs, Cellphones, Wireless JLG (we can suffice with his initials on OSNews, right?): "Nokia, once the emperor of mobile phones, shipping more than 100 million devices per quarter, is now in a tailspin, probably irrecoverable, taking its employees into the ground. And there is Nokia's chosen partner, Microsoft. What will Nokia's failure do to its future? Ballmer knows Microsoft can't be relegated to a inconsequential role in the smartphone wars. Will this lead to Microsoft going 'vertical', that is buying Nokia's smartphone business and become an vertically player, as it already is in its Xbox business?" Microsoft will eventually buy Nokia's smartphone business. I mean, it's not as if they have any other serious WP7 OEMs they can piss off with such a move.
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nokia on a downhill slope
by TechGeek on Tue 19th Jun 2012 18:28 UTC
TechGeek
Member since:
2006-01-14

I think the real question is whether there is any evidence that Elop has been steering Nokia over the cliff. Nokia has gone to hell since he took over. There *might* be some indication that this was a hostile take over from the inside. I don't know what the requirements of that are for prosecution, but it certainly is shady looking. If I were Finland (assuming thats where Nokia's home is) I would be suing the crap out of Microsoft.

Edited 2012-06-19 18:29 UTC

Reply Score: 2

RE: nokia on a downhill slope
by CapEnt on Tue 19th Jun 2012 23:08 in reply to "nokia on a downhill slope"
CapEnt Member since:
2005-12-18

You forgot something: the board of directors and large shareholders.

If Elop is indeed bent on destroying the company, they approved him to proceed, thus this is not a one man ordeal.

Why they did that? Who knows.

Reply Parent Score: 3

dsmogor Member since:
2005-09-01

I really don't get the board behaviour:
Either they are terminally clueless and easily manipulated by Elop's sweet talk (or fud, your choice), they used to approve OPK excesses far too long after all,
Or they know something nobody (including rating agencies insiders) don't know
Or they are somehow bribed or want to cover their asses after some f*cup (like in Olympus case).

The funds in the other hand could offset Nokia looses in their long term prospects for MS stock gains.

Reply Parent Score: 2