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#47
Since this is the most trendy Doom & Gloom thread at the moment, I'll add this bit of news. The Economist doesn't see much future for Nokia either. New report from The Economist intelligence unit:

Nokia's final days?
A takeover of the world's biggest phone maker is becoming more likely with each passing quarter.
<snip>
At the same time as he threw in his lot with Microsoft, Mr Elop split Nokia into two distinct units—one focusing on the development of smartphones and the other on the manufacture of more basic handsets for the mass market. Such an arrangement may smooth the way for a takeover of the former by Microsoft and the latter by an Asian player targeting emerging markets. A company like Samsung, meanwhile, might be interested in both parts of the business.
Source



Originally Posted by Chuck Norris View Post
@Rauha Nokia is a bank

http://www.psfk.com/2009/08/nokia-mo...es-a-bank.html
Good catch. I had forgotten about that.

We'll I guess there's hope for intervention by Central Bank of India. Lots of Indians without proper traditional bank account stand to lose several Rupees if Nokia Money goes broke.

Last edited by Rauha; 2011-07-29 at 10:45.
 

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