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Stephen Elop is the 7th biggest individual shareholder of Microsoft

talk.maemo.org

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Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#21

Post by saturdaysaint »

bergie wrote: post #13
saturdaysaint wrote: post #11

Do we really need a deep conspiracy theory angle to explain the deprecation of a horribly lagging OS (Symbian) and a next-gen OS whose development was severely lagging even behind WP7? The board brought on Elop to do precisely what he did - any ire should be directed squarely at them. Say what you will about RIMM, at least they aren't striking at the prospect of QNX replacing their OS.

It looks like even the previous gen (Maemo) of the next gen (MeeGo) has sold better than WP7

If you're referring to sales of the N900, it's shocking to remember that it shipped at almost the same time as the Motorola Droid (one of the first Android devices really suited to consumer needs). Consider all of the development to Android in the intervening 15 months, the dozens of models Google's partners introduced, the millions of units sold... the N900 is as relevant to this discussion as the Razr.

WP7 hasn't been a runaway success, but at least it's stable, polished and backed by fairly advanced web services. The bet is essentially that Nokia's 1st rate supply chain combined with a polished new OS can sell more than either could have otherwise.

Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#22

Post by borism »

hsuresh wrote: post #16
bvi wrote: post #8

Given that he has been a Microsoft veteran, it's hardly surprising that (1) he's a big shareholder, and (2) whatever decision he makes as Nokia chief, his position as one of the largest individual shareholders of Microsoft will come into scrutiny. I think it's naive to say that he chose to go down the Microsoft route because he is one of its largest individual shareholders. It is equally as likely that Elop would hav…

Not sure if i would call him a Microsoft veteran. He worked at Microsoft only between 2008-2010[1]. [1] http://www.linkedin.com/pub/stephen-elop/1/3a0/b31

he seems to be nothing more than a hustler, quickly jumping jobs when opportunity presents itself:

http://news.ycombinator.com/item?id=2212657

Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#25

Post by o1iver »

borism wrote: post #18
reitzensteinm wrote: post #14

Earlier quoted context omitted.

I guess I don't understand your sarcasm. With only $3m in stock, even if he made the stock rise 5% with this deal, that's only an increase of $150k. I'd say his financial future is far more tied with the success of Nokia than Microsoft.

I'd say his financial future is far more tied with the success of Nokia than Microsoft. and why would that be? I guess majority of his current net worth is in MSFT, and future success of NOK is now firmly tied to MSFT as well.

"I guess majority of his current net worth is in MSFT"

That would mean that his net worth is only around 4-5 million and I doubt that is the case...

What reitzensteinm means is that his stake in Microsoft is probably only a small part of his net worth. I would also guess that he owns significantly more (from a number_of_shares*share_price point of view) of Nokia than of Microsoft. That is why "his financial future is far more tied with the success of Nokia than Microsoft".

Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#27

Post by jeswin »

bergie wrote: post #13
saturdaysaint wrote: post #11

Do we really need a deep conspiracy theory angle to explain the deprecation of a horribly lagging OS (Symbian) and a next-gen OS whose development was severely lagging even behind WP7? The board brought on Elop to do precisely what he did - any ire should be directed squarely at them. Say what you will about RIMM, at least they aren't striking at the prospect of QNX replacing their OS.

It looks like even the previous gen (Maemo) of the next gen (MeeGo) has sold better than WP7

That talks more about Nokia's brand than about Maemo or Meego. I was among the first to buy a Maemo device, the hardware rocked but the software was average.

As Nokia said, it is a war of eco-systems now; not devices. Even a low-end Android beats a better spec'ed Nokia because the software is so much better. The quality of apps on Ovi store says it all.

Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#29

Post by borism »

o1iver wrote: post #25
borism wrote: post #18

Earlier quoted context omitted.

I'd say his financial future is far more tied with the success of Nokia than Microsoft. and why would that be? I guess majority of his current net worth is in MSFT, and future success of NOK is now firmly tied to MSFT as well.

"I guess majority of his current net worth is in MSFT" That would mean that his net worth is only around 4-5 million and I doubt that is the case... What reitzensteinm means is that his stake in Microsoft is probably only a small part of his net worth. I would also guess that he owns significantly more (from a number_of_shares*share_price point of view) of Nokia than of Microsoft. That is why "his financial future is…

his holdings of NOK are reportedly 0 so far, which makes sense - he's been on the job for less than a year so 1st vesting cliff haven't been reached yet.

Re: Stephen Elop is the 7th biggest individual shareholder of Microsoft

#30

Post by cincinnatus »

The first stage of grief is shock and denial. So I'll forgive all the FUD flying in this kind of discussion. The key is that the Nokia board approved this move. They are most Finnish, and Nokia loyal. This isn't some kind of devious plot coming out of Redmond, you give them way too much credit.
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