Linked by Thom Holwerda on Thu 18th Oct 2012 10:56 UTC
PDAs, Cellphones, Wireless Things ain't going well for Nokia. Their quarterly results are - again - a disaster, and Lumia sales have dropped 28% (50% if you look at just the US). Windows Phone 8 is really going to be a make-it-or-break-it kind of thing. If it doesn't go well, the company might consider going back to focussing on rubber boots.
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RE: Comment by Nelson
by cdude on Fri 19th Oct 2012 07:07 UTC in reply to "Comment by Nelson"
cdude
Member since:
2008-09-21

They're relatively small mistakes though, in the grand scheme of things.


Like losing most of your customers and killing of your company?

But yes, small mistakes in the great scheme of things like growing the WP ecosystem (even if it actually declined when watching past 2012)!

"Keep course. The ice rock will sidestep and if not, its only a small mistake in the great scheme of things!" says the captain of the titanic 4 quarters before the ship went finally down.

Actually in reality the ship already hit the ice rock and is sinking faster and faster but that was only the first collision. Trust the captain that the second collision will bring you past the rock! And if not, who cares about such a small ship in the great scheme of the universe?

Edited 2012-10-19 07:16 UTC

Reply Parent Score: 2

RE[2]: Comment by Nelson
by Nelson on Fri 19th Oct 2012 07:21 in reply to "RE: Comment by Nelson"
Nelson Member since:
2005-11-29


Like losing most of your customers and killing of your company?


Is there a source for "losing most of your customers"? Sure, sales declined YoY, but they still sold a boatload of phones last quarter.

Devices and Services margins are looking up though, and Q4 guidance indicates they will look even better next quarter.

Nokia is far from dead. In fact, it is now possible to see at least a light at the end of the tunnel.


But yes, small mistakes in the great scheme of things like growing the WP ecosystem (even if it actually declined when watching past 2012)!

"Keep course. The ice rock will sidestep and if not, its only a small mistake in the great scheme of things!" says the captain of the titanic.


I don't know what you mean? And look, let's cut the bullshit. Nokia was in a clear, dramatic, and rapid free fall prior to Mr. Elop taking control of the company.

However, under Mr. Elop Nokia has returned to profitability. He's put a ground under the free fall. Say what you want, but the cash conservation in Nokia is extremely good.

Location has risen in profitability, Nokia Siemens is profitable, the Average Selling Price of Smart Phones rose 18% YoY, they sold 6.5 million Ashas, 3 million Lumias during the line up sunset, and are on the eve of a monumental launch of their next flag ship Lumia phones.

So maybe in your invented reality, Mr. Elop made huge and terrible mistakes. However, in real life, he actually saved Nokia. History will vindicate him.

Reply Parent Score: 2

RE[3]: Comment by Nelson
by cdude on Fri 19th Oct 2012 11:07 in reply to "RE[2]: Comment by Nelson"
cdude Member since:
2008-09-21

Nokia is far from dead.


Its more a zombie. Not dead but also not alive. 4 quarters left till the head is cut off. Till then there is plenty time left to eat more brains.

In fact, it is now possible to see at least a light at the end of the tunnel.


That is the tunnel of light that is supposed to appear upon the moment of someones death. Watch out for the guardians. They will bring Nokia to a new live after death with a different core business.

Edited 2012-10-19 11:08 UTC

Reply Parent Score: 1

RE[3]: Comment by Nelson
by jgfenix on Fri 19th Oct 2012 19:17 in reply to "RE[2]: Comment by Nelson"
jgfenix Member since:
2006-05-25

That´s untrue. Nokia had a problem of management and Elop improved it. But Elop created a problem that didn´t exist:
Nokia had a working strategy: there would be 1 ecossytem, Qt, running over different kernels (Linux and Symbian). That would create a synergy over the whole line of phones. It would take some time to implement (months to 1 year) but Nokia was not in inmediate danger, the sales were increasing. Then Elop worte "the burning plataform and leaked it (I am 99% sure) and destroyed the trust in Nokia´s products.

In overall Nokia was profitable when Elop arrived: it was under him that it started to lose money.

Reply Parent Score: 0