11–20 of 170 posts
No PR campaign can save Nokia from this well-deserved disaster. Btw, NOK is down 15%
Better than continuing with Symbian and having to lay off all the employees in a few years time.
No PR campaign can save Nokia from this well-deserved disaster. Btw, NOK is down 15%
Earlier quoted context omitted.
Better than continuing with Symbian and having to lay off all the employees in a few years time.
The stock market appears to predict otherwise, believing that this move lowers the net present value of the company. Of course, stock markets aren't necessarily accurate prediction markets, but given suitable efficient-market hypotheses they're an approximation of such a thing.
The company will be in both public and private turmoil until it either emerges as a turned around company, or a dead one.
Let's see 1. Hire someone from Microsoft to run the company 2. He says "our platform is burning, we have to do something drastic" which most people interpret as "prepare to come up with a strategy and fight like hell to win". 3. Guess what, he already had something in mind! It was "throw out our current reasonably successful development efforts and become a licensee of Microsoft's failed platform instead". And piss o…
"for fear of arrest" Whether you agree with the decision or not, nothing about it sounds in the least bit criminal.
There are places he could be arrested if there are any hints this value destruction is on purpose.
Whether it was Android, Microsoft, or slowly dying, people working there would be affected, so I'm not sure the choice of Microsoft changes things too much from that point of view. With Android, perhaps they could have kept more people on board to hack on it and customize it, but still, the axe was going to fall. Should be interesting to see how this is handled in Finland. Stock is down, layoffs, and some "arrogant f…
Whether it was Android, Microsoft, or slowly dying, people working there would be affected, so I'm not sure the choice of Microsoft changes things too much from that point of view. With Android, perhaps they could have kept more people on board to hack on it and customize it, but still, the axe was going to fall. Should be interesting to see how this is handled in Finland. Stock is down, layoffs, and some "arrogant f…
This is a very radical departure from their previous path.
Let's see 1. Hire someone from Microsoft to run the company 2. He says "our platform is burning, we have to do something drastic" which most people interpret as "prepare to come up with a strategy and fight like hell to win". 3. Guess what, he already had something in mind! It was "throw out our current reasonably successful development efforts and become a licensee of Microsoft's failed platform instead". And piss o…
"for fear of arrest" Whether you agree with the decision or not, nothing about it sounds in the least bit criminal.
Earlier quoted context omitted.
Better than continuing with Symbian and having to lay off all the employees in a few years time.
The stock market appears to predict otherwise, believing that this move lowers the net present value of the company. Of course, stock markets aren't necessarily accurate prediction markets, but given suitable efficient-market hypotheses they're an approximation of such a thing.
Let's see 1. Hire someone from Microsoft to run the company 2. He says "our platform is burning, we have to do something drastic" which most people interpret as "prepare to come up with a strategy and fight like hell to win". 3. Guess what, he already had something in mind! It was "throw out our current reasonably successful development efforts and become a licensee of Microsoft's failed platform instead". And piss o…
"for fear of arrest" Whether you agree with the decision or not, nothing about it sounds in the least bit criminal.
I'm not saying anything actually is wrong, I don't know enough about it to care. But what I do see is Nokia being a big employer and part of national pride for Finland. This will likely become an issue in politics there.
They'd be wise not to lay off a single soul due to this deal at this point. Ironically, if Nokia really did need to trim R&D expenses, they may have more trouble doing it now.
Keep in mind the EU is still active in MS antitrust and users are offered the choice of Firefox when they install Windows. I would not want to be the guy who's name was attached to the sinking of Nokia at the advantage of Microsoft.