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: Go ahead and short
by Nelson on Thu 20th Jun 2013 23:34 UTC in reply to "Go ahead and short"
Nelson
Member since:
2005-11-29

Nokia has been imminently dying for a while here at OSNews.

Reply Parent Score: 3

RE[2]: Go ahead and short
by bentoo on Fri 21st Jun 2013 00:22 in reply to "RE: Go ahead and short"
bentoo Member since:
2012-09-21

Nokia has been imminently dying for a while here at OSNews.


The Register had the same buyout story 12 months ago -- Since then the Nokia stock is up 50%.

In my short time on OSnews I've come to learn that:
- Nokia is always 90 days from bankruptcy.
- Every new Microsoft product and/or announcement is a sure sign of their impending doom.
- [Insert Year Here] will be the year of the Linux desktop. ;)

Reply Parent Score: 4

RE[3]: Go ahead and short
by Nelson on Fri 21st Jun 2013 01:47 in reply to "RE[2]: Go ahead and short"
Nelson Member since:
2005-11-29

The whole thing is stupid. I've long been arguing for a more measured analysis of Nokia, in which hey, maybe they aren't going to die, and hey, maybe Windows Phone does sell more than two phones.

In order to understand the seemingly irrational hate, it is important to understand where it comes from. MeeGo was the white horse of every fanboy with a hard on for Linux. No matter the fact that it was severely behind schedule and under cooked. No matter the fact that MeeGo on the N9 wasn't even real MeeGo. No matter the fact that Nokia was actively DYING during this time.

They hate that Nokia killed MeeGo. They hate it even more than Nokia killed MeeGo for Windows Phone. Nokia went from darling to devil overnight on OSNews.

Its been crazy land since then.

Reply Parent Score: 2

RE[3]: Go ahead and short
by Adam S on Fri 21st Jun 2013 13:34 in reply to "RE[2]: Go ahead and short"
Adam S Member since:
2005-04-01

In my short time on OSnews I've come to learn that:
- Nokia is always 90 days from bankruptcy.


With their stock, how is this an extreme prediction?

- Every new Microsoft product and/or announcement is a sure sign of their impending doom.


I challenge you to find where anyone on staff said anything like that. It's an unquestionable fact that Windows 8 has not been a success. Writing about that doesn't mean the sky is falling.

- [Insert Year Here] will be the year of the Linux desktop. ;)


That's just bs. Not one of the staff at OSNews uses Linux on their desktop as a primary OS. I wonder if you can find where anyone said something like that that wasn't in jest. We're all fans and proponents of desktop Linux, but I don't think anyone thinks it's about the break and become the next #1 OS on a PC.

Reply Parent Score: 6

RE[3]: Go ahead and short
by cdude on Sat 22nd Jun 2013 13:34 in reply to "RE[2]: Go ahead and short"
cdude Member since:
2008-09-21

The Register had the same buyout story 12 months ago

And as we just learned Microsoft and Nokia are in talks about a buy out since a year or so now.

Huawei's interest just became public NOW. Who knows how long they try to negotiate behind private walls to ... buy out Nokia. A year?

Also there is the Lenovo Nokia buy out case which became public a few months ago. Be sure that before it became public private talks where going on.

So, who do you tell nothing like that is going on for a long long time now? Its just that Nokia is a high risk. Just like Microsoft wrote in his reasoning why negotiation failed. Nokia is falling so fast that when you buy out today its worth 1/10 of what you payed tomorrow.

Edited 2013-06-22 13:39 UTC

Reply Parent Score: 1

RE[2]: Go ahead and short
by chithanh on Fri 21st Jun 2013 09:43 in reply to "RE: Go ahead and short"
chithanh Member since:
2006-06-18

Nokia has been imminently dying for a while here at OSNews.

Strawman? Anybody with a little insight knew that Nokia had cash reserves for several more disastrous quarters.

However regarding the long-term outlook, the credit rating agencies have been rating Nokia below investment grade for some time. So they don't expect recovery.

Nokia is now irrelevant to mobile. Innovation now happens elsewhere. Asha and Featurephone sales are dropping like a rock. Lumia is still 1/3 WP7.

Reply Parent Score: 3

RE[2]: Go ahead and short
by cdude on Sat 22nd Jun 2013 13:29 in reply to "RE: Go ahead and short"
cdude Member since:
2008-09-21

Nokia has been imminently dying for a while here at OSNews.

Here at OSNews and outside in the wild wild customer market world. Denying reality may work for you but it doesn't for Nokia.

Reply Parent Score: 1

RE[3]: Go ahead and short
by vaette on Sat 22nd Jun 2013 15:05 in reply to "RE[2]: Go ahead and short"
vaette Member since:
2008-08-09

I hope you have invested your savings in a short of Nokia then.

Repeating this over and over does not make it true, the stock market was down on Nokia last year, the past year though the people putting money on the line are a lot more mixed in opinion.

Reply Parent Score: 4