Earlier quoted context omitted.
Lenovo doesn't make any money. $500m on $30bn revenue. No point in being in that game. For the downvoters: Nokia is losing money right now, but managed to post a profit for Q4 2012, which at $585m was more than Lenovo made in all of 2012, and about 5-6 times more than ZTE made in 2012. Beyond a certain point, market share is much less important than profits, much more so in the phone space because it's not like the d…
Amazon doesn't make any money. on $15Bn revenue. No point in being in that game. Earnings aren't the sole determinant of whether a company is a worthwhile ongoing venture...
Being an Android vendor is like being a PC vendor. Acer, Lenovo, etc, not only do they not make any money, but they have no hope of dominating the market and winning on volume the way Wal-Mart does and Amazon hopes to do. It puts food on the table, I guess, but if I were a Nokia shareholder I'd rather they just liquidate and return their capital than take that course of action.