91–100 of 123 posts
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Come on. Nokia was doing a fine job of lowering the value of their handset business on their own.
He is absolutely right.
Patents. That's what this has to be about. Produce little to nothing and just sue for royalties on other manufacturers.
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Yeah. It wasn't Elop who created one of the most dysfunctional software development units ever. He was brought in when the damage of previous bad management was just becoming fully apparent. Nokia in 2007-2010 was spending many times more than Apple on R&D. For that money, they got multiple infighting operating system teams each developing their own half-baked thing (Symbian, MeeGo, Qt, S40) and device teams that wer…
Two words: burning platform. http://communities-dominate.blogs.com/brands/2012/06/the-fin... There was just no reason to write a memo like that. It destroyed their business, almost singlehandedly, and no, I'm not exaggerating. The consequences of that memo were insane: Nokia's handset sales died all over the world all at once.
There was a very good reason to write it. Internally Nokia was delusional and confused, and desperately needed a wake-up call. Nothing less would have sufficed.
Nokia recently auctioned off literal tons of engineering equipment. Looks like they closed a huge engineering facility in Oulu, Finland. A lot of it looked like obsolete stuff (like for a big product line sustaining-engineering group). I don't know enough about cellular to say whether or how much of the stuff was really useful for new product development; but some of the equipment looked very recent. The only thing t…
Essentially this means that Nokia won't get back into consumer hardware for a good while. The mapping division (Here) will probably be sold soon. The mobile networks business is now the primary driver at the company. They'll have their hands full trying to integrate the Alcatel-Lucent networks business with their existing assets. (Remember that Nokia's networks business today is already the result of a merger with Si…
Nokia also designed the hardware and wrote the software for the N1, so i wouldn't call it a traditional brand licensing thing a la Kodak/Polaroid. I should know, I was PM on it.
By top customers I'm referring to car manufacturers in particular. They are the ones who are paying/will pay top dollar for our connected car offerings. A sale to a single car manufacturer would make the rest go away. A sale to Google, for example, would completely destroy our trust – these guys hate Google. A sale to Uber... Same thing.
Facebook, maybe? They've been known for respecting independence of acquired companies to a high degree. That could be one of our best shots IMO.
Patents. That's what this has to be about. Produce little to nothing and just sue for royalties on other manufacturers.
HERE engineer here (yes, I also sometimes hate the noticeable amount of redundancy of our corporate brand). One important point that analysts haven't stressed enough while evaluating potential buyers, is the role our top customers play in all this dance. By top customers I'm referring to car manufacturers in particular. They are the ones who are paying/will pay top dollar for our connected car offerings. A sale to a…