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Re: Let's talk Nokia stock. Really.
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Elop as Microsoft CEO would do more good than the three or so decades of Stallmanian activism, regulatory interventions against Microsoft and the interweb kids spelling Microsoft as M$ combined have done. Burn platforms burn. |
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Re: Let's talk Nokia stock. Really.
Hey, the vote is today.....stock will hit 10 soon!!
http://finance.yahoo.com/news/nokia-...121337806.html |
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During the time Elop has been destroying the handset division thankfully for NOKIA it seems Rajeev Suri has been quietly beavering away turning NSN into a viable concern. |
Re: Let's talk Nokia stock. Really.
Did not see the nGage girl there, only lots of concerned shareholders :D
Lot of the speeches that people made were not that flattering to mr. Elop or the members of the board. General consensus seems to be that the deal was a must-have in the current situation but the circumstances that led here and now were questioned. I was half of mind to speak out myself, but declined to do so on the end... BTW, I had my Jolla t-shirt on while I was there :D |
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Got any comments? |
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Did not even get funny looks... (or could have, behind my back maybe...) |
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Let's see how this affects everything going forwards if not resolved quickly. |
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Bring those jobs back to America!
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'merica!
-via Maemo Talk app |
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Then you wouldn't mind investing in me then, right? All I require is all that you spare, and a reeally long time. After that you'll get your money back plus interest. And if you don't, you'll have a blast of a time anyways.... guaranteed! Don't waste my time, I'm genuine and looking for only genuine visionaries who invest in long term strategies and aren't always focused on the profits. |
Re: Let's talk Nokia stock. Really.
Nokia board executed a brilliant move. they made Symbian based mobile division, that was worth 0 dollars, into Windows phone division that sold for 7 billion. for MS, investing into mobile is a long term plan to tie it into their services and start making huge profits.
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Re: Let's talk Nokia stock. Really.
You're an idiot Lumiaman.
Analyst estimate from 2011 - midway through Elops destruction of Nokia Mobile. "Here’s a quick sum-of-the-parts analysis. After yesterday’s hair cut Nokia’s overall enterprise value is about $20 billion. The Navteq part of the business (purchased for $8.1 billion in 2008) could get a value of $3 billion (based on about 3x sales) and the value of Nokia Siemens networks could be at $6b (less than 0.5x sales). That makes Nokia’s phone business worth about $11 billion." That would mean before Elop the Mobile division would have been worth more than that. Before Elop they could have created a seamless migration strategy for all Symbian customers to an Android device or equivalent - QT migration path for apps for instance and retained all customers and achieved a far far greater return than where they are today with a paltry $7b. The $7b today is the losers prize. rgds |
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When Elop arrived, no one would have bought NOKIA mobile division. Everyone was shedding Symbian and going elsewhere. So you are an idiot to think that NOKIA mobile division at the time Elop took over was worth anything. It was worth exactly 0, as no one had interest to buy antiquated NOKIA Not only are u an idiot, but you are stupid too. |
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Did Elop make a smart move? Yeah right.... Nokia ended up with NOTHING in the highend(super duper smartphone, costing tonnes of money), NOTHING in mid-range(able to do some nice stuff; but I don't have a 'money-tree') , and NOTHING in the low/bottom of the line(I just want a f##king phone, period, i want it cheap) stuff. Did you check the Nokia's balance sheets for those years? By the way, NOIKA mobile division was a FEW times larger(in terms of valuation) than the raising APPLE(and its new and shinny iStuff) at the time -- BEFORE Mr. Elop's "oversights". So, Mr. Elop took a healthy division and turned it to a dump(and taking the entire company with it). |
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Re: Let's talk Nokia stock. Really.
Lumiaman, not sure why you feel the need to resort to insults.
It is idiotic to think that a company (Nokia Mobile) with 250 - 300 million customers worldwide is worth $0 period regardless of the OS (around 2010) It is not stupid to think that converting those customers gracefully over to an alternative OS would have been worth far far more than the measily losers prize of $7b after Elop tanked the Company completely deliberately it would appear. There would have been no need to sell the company to anyone if Elop hadn't been involved and would have provided the shareholders a far greater return Only you are making selling the Company the primary goal to try to justify where they are today. When Elop took over Nokia he destroyed Symbian in one move and threw away around 300 million customers, that has to be the most idiotic stance ever undertaken in the history of all companies. rgds |
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Your dreams that anyone would have wanted to buy a Symbian based company at the time Elop took over is a pure pipe dream. Look what happened to Blackberry. Nobody wants to buy them. Nobody would have bought Symbian as anyone with two neurons under their skull would have realized that you would be buying dead man walking. And investors are waaay too much savy to waste money on a dead platform. Elop created value by making NOKIA mobile division desirable to one buyer: MS. There were no other buyers there, prior to Elop. The board knew they were dead in the water. |
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Hint re-read that part where it says only you are making buying the company a primary objective.
In my "but for" world where that is NOT an objective and Elop is NOT Nokia CEO then the potential of 300million Customers is worth far far more than the paltry $7b that has been realised. I called you idiotic for thinking that $7b is a worthy prize. Not an insult merely an observation of your blinkered stance. rgds |
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I could call you the same for being myopic and tell you that nobody wanted to buy BB when it had many customers too. But I didnt. Stop insulting people, and they will stop insulting your dumbness.
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I only pipe up when you throw out baseless comments without evidence, you should know that by now.
I presented clear evidence that contradicted your baseless assertions and around the loop we go until you reach the point of spouting tangental meaningless drivel and everyone sees you for what you are. Which you have dutifully done once more, right on cue! Thank you. rgds ps. Windows Mobile will also go the way of BB. Already I see early adopters of the Lumia phones wishing their contracts are up sooner so they can swap back from Windows Phone to something with apps available, the low give them away because no one wants them price only works once. |
Re: Let's talk Nokia stock. Really.
oh my......I am sure NOKIA is glad not to have someone like you as part of the board or shareholder. No wonder NOKIA shareholders, overwhelmingly, >97%, voted to sell the mobile division. If they truly believed that Symbian was SOOO GREAT, why not hire you, the KING OF SYMBIAN, and make new phones based on the greatest OS that still inflames your loins.
Your evidence is Tomi Ahonen looney analysis. Yes NOKIA was selling a lot of Taleban phones, yes they had large market share....I can say the same thing about BB, and see where we are now? BB cant be sold, while NOKIA was sold for a good price. No wonder shareholders jumped on approving it. |
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Honesty is not your strongest trait is it!
Now Nokia Mobile is destroyed what else can the shareholders do but sell the steaming wreck, bargain basement, why wouldn't they want to get rid of it? I clearly posited a smooth migration strategy AWAY from Symbian which would have been entirely possible in 2010 and relatively easy. I also suggested that had a strategy been developed that retained and grew from a user base of 300 million this would have been far more desirable and most likely would have had far far greater rewards than the strategy the Board with Elop at the helm actually took. Your original baseless assertion was that the Mobile division was only worth $0 was clearly idiotic bandstanding to try and justify the princely reward of $7b the shareholders have been driven to accept, post Elops destruction of the Company. rgds ps. baseless assertions are dishonest, attempting to deflect threads also shows a lack of integrity, BB has no bearing on the destruction wrought by Elop. |
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"I clearly posited a smooth migration strategy AWAY from Symbian which would have been entirely possible in 2010 and relatively easy."
Boy do you have a high opinion of yourself. Good luck muttering how great you are. |
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On the contrary.
I have a high opinion of the teams that produced Symbian, Maemo, Meego etc. I have a high opinion of the Community that supports Maemo and the N900. I firmly believe that had Elop not been put in as Nokia CEO then those very teams would have produced truly superb hardware and stunning OS options from Nokia Mobile. I firmly believe that had such an alternative strategy been undertaken in 2010, supported by 300 million satisfied customers it would have generated far far greater returns than a paltry $7b. So my statement merely expressed a valid "but for" world which you deliberately miss-stated, this once again only demonstrates your complete lack of integrity. rgds |
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Even though I have no use for a hardware keyboard, the n810 was, and still is, a beautiful refresh of the n800. The n900 should have been the founding father of a long line of first class devices, but then Nokia met Elop. Fail ensued. The fact that Nokia threw in the towel before both HP and BlackBerry just shows how truly gutless the board was. Elop will go down in history as a bigger loser than George W. Bush. Well, probably not.
Oh, and NOK is still lower than the last regime's lowest. |
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when the facts are obvious there is no point in fighting with lumiafapper's ******ed, pointless and baseless nonsense guys. please.
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Re: Let's talk Nokia stock. Really.
Some shareholders were interviewed by the BBC, they were saying things like 'now it feels good again', 'glad it's over' and 'a new beginning'. I think that tells its own story.
Now please stop with all the insults, as an amoeba I'm very sensitive. If you can all just get along I'll show you my pom-pom dance. *.* |
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I am still looking for that promised Symbian land!
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It would've provided Goog'z the patent profile to actually sue Apple, and stop Android being victimized. On top of that, its likely that Android adoption rate would've been much faster with this strategy in mind. When Elop infiltrated Nokia, they didn't have any future plans... but they were big and worth a lot. By the time it got sold, Nokia's value plummeted. Had MS tried to purchase Nokia around 2009, they would've probably had to pay in excess of $50 B. That's about a x10 deterioration of their company in terms of market share, future strategies and company value. So no, get your facts straight. |
Re: Let's talk Nokia stock. Really.
Do you actually have evidence to back up that Google was willing to pay 20B for NOKIA? Why would they? They had so many manufacturers lined up, that would be a waste of money. Plus NOKIA wasnt producing Androids at that time, they were still dreaming of Symbian and Maemo domination.
When Elop inflitrated they had dying Symbian and inept Harmattan. I mean inept N9. To spend years to produce such a flop was unprecedented. Elop clearly saw that NOKIA doesnt have what it takes to compete on the software front, and honestly, even its hardware was not competitive with iphone, perhaps with Samsung and others, but even there they were faltering. So I would say that is infinite appreciation when you divide 7 billion with Zero at that time. |
Re: Let's talk Nokia stock. Really.
Did anyone see these quotes from Michael Halbherr:
"We have sold our device business for a reason, but that doesn't keep us out of the device business" "We are not prohibited from making any communication device. We will concept and think about new forms of devices" "We will still surprise people with leading-edge hardware." Any guesses as to what he's thinking of? |
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Ha ha ha ha Now you're funny! :D |
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Google paid what, $12 Billion for Motorola, right? And that was a wasteful purchase; even their patent portfolio wasn't worth that and their present phones aren't producing sales. So given options, and quite a bit of speculation, I'd say that Nokia would have been a better purchase. I won't name a price, but I'd say they were worth more than $7 Billion. |
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