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Re: Microsoft buying Nokia's devices & services
hate it, we may but i have a feeling this Nokia + MS marriage will actually be successful. maybe not successful enough to be #1 but definitely successful enough to hurt Apple and Google so that they feel pain.
MS has a lot of R&D which they have problems getting out the door (commercializing) in a good cadence. Nokia has cool R&D (not as many as MS) which they manage to get out of the door. Nokia understands the mobile industry (and consumers) more so than MS could ever do in the next 10000000000 years. MS understands the enterprise story more than Nokia could ever do in the next 999999999999 years. yadda yadda yadda i'll say give them 12-18 months to start seeing some really cool stuff that the average joe would want to buy. MS and Nokia (prior to the purchase) are like a little mozzie bite to Apple and Google. |
Re: Microsoft buying Nokia's devices & services
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Great news for nokia now we can enjoy the mighty square ui phones even more.
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RIP Nokia was in 2011 (Elopcalypse). It just took a while to bury the corpse. |
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My question is this. How can the board accept a low price like this? They are the once to blame. Elop did well. Sad but true. |
Re: Microsoft buying Nokia's devices & services
http://www.mobilebulgaria.com/upload...ic_3_28277.jpg
Microsoft bought Nokia for 5,44 billion Euro Microsoft to acquire Nokia’s devices & services business, license Nokia’s patents and mapping services http://www.microsoft.com/en-us/news/...ncementPR.aspx The Next Chapter: An open letter from Steve Ballmer and Stephen Elop http://conversations.nokia.com/2013/...-stephen-elop/ Accelerating Growth Microsoft’s strategic rationale for deal announced with Nokia on September 3, 2013 http://www.microsoft.com/en-us/news/...cRationale.pdf |
Re: Microsoft buying Nokia's devices & services
Can anyone clue me in: how can Microsoft buy Nokia for $7.2 billion, if the current market cap for NOK is $14 billion? How does acquisition of publicly traded companies work?
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They are pretty good at this acquire and destroy business but cannot hold on to HW business. Quote:
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NSN is where the money in NOK comes from. |
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