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Posts: 648 | Thanked: 650 times | Joined on Oct 2011
#1688
Both RIM and Nokia are on the slippery slope to oblivion but the response of these 2 companies could not be more stark. RIM at least acknowledges that it is in dire straits and is taking action to re-consider its business model, seek strategic partners or buyers. But Nokia is still heavily in denial. According to Elop Nokia is in the middle of transition, Lumia sales are "encouraging" and WP will save Nokia. Such horseshit is swallowed wholesale by the Board and the Chairman goes out on a limb to defend Elop. When the crunch comes RIM will be able to maximize its remaining value to shareholders while Nokia's shareholders will be left holding nothing but Elop's horseshit.