Linked by Thom Holwerda on Tue 3rd Sep 2013 05:39 UTC
Microsoft Ever since Stephen Elop became CEO of Nokia we knew this outcome was inevitable. It was his job to make it as easy as possible for Microsoft to acquire the vital parts of Nokia, and here we are: Microsoft is acquiring Nokia's devices unit for 3.79 billion euro, and another 1.65 billion euro for its patents. It's a bit of a complicated deal in that Microsoft buys the Asha feature phone brand and Lumia smartphone brand outright, but will only license the Nokia name for current Nokia products; the Nokia brand will remain under the control of Nokia the company. This means Nokia as a phone brand is effectively dead.

In addition, Stephen Elop will return to Microsoft. I'm sure entirely coincidentally, Ballmer announced recently that he's stepping down.

All this was as inevitable as the tides rolling in. Nokia has been going downhill and has stagnated ever since the announcement it would bank its future on Windows Phone. It went from being the largest smartphone manufacturer to an also-ran, which is made painfully clear by the fact that Microsoft paid more for Skype than it does for Nokia's devices unit.

A painful end for a once-great phone brand. This was the plan all along, and in essence, Nokia's board has executed it masterfully; the Finnish company has switched core markets several times in its long, long history (it started out as a paper company), and the unprofitable phone business was a huge liability for the company, despite claims by some that Nokia was doing just fine. Nokia's board has masterfully gotten rid of this money pit so it can focus on the parts that are profitable.

And, as always, the next Lumia will turn it all around.

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RE: Something previsible
by _QJ_ on Tue 3rd Sep 2013 06:46 UTC in reply to "Something previsible"
_QJ_
Member since:
2009-03-12

Ok, but big companies like IBM, HP, MS, Apple, Google will never die.

Say IBM as an example, they focus on business market as always.
Nobody speak about Big Blue, but they are still there.

That will be -most probably- the case for Nokia.

Reply Parent Score: 2

RE[2]: Something previsible
by Fergy on Tue 3rd Sep 2013 07:23 in reply to "RE: Something previsible"
Fergy Member since:
2006-04-10

Ok, but big companies like IBM, HP, MS, Apple, Google will never die.

Say IBM as an example, they focus on business market as always.
Nobody speak about Big Blue, but they are still there.

That will be -most probably- the case for Nokia.

Apple? That company that almost went bankrupt in the nineties? Or Palm? That company that is gone now.

Reply Parent Score: 2

RE[2]: Something previsible
by japh on Tue 3rd Sep 2013 07:37 in reply to "RE: Something previsible"
japh Member since:
2005-11-11

I notice that you didn't include Sun Microsystems in that list. They too focused on the "business market".

Edited 2013-09-03 07:37 UTC

Reply Parent Score: 8

RE[2]: Something previsible
by JAlexoid on Tue 3rd Sep 2013 09:17 in reply to "RE: Something previsible"
JAlexoid Member since:
2009-05-19

And Watson was a low-key affair?!?!?!

Reply Parent Score: 2

RE[2]: Something previsible
by tylerdurden on Tue 3rd Sep 2013 18:07 in reply to "RE: Something previsible"
tylerdurden Member since:
2009-03-17

Never say never.

Reply Parent Score: 2