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[2]: Go ahead and short
by chithanh on Fri 21st Jun 2013 09:43 UTC 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.

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