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Posts: 1,309 | Thanked: 1,187 times | Joined on Nov 2008
#1728
It's technically challenging to fire a board. But I am pretty sure that an extraordinary general meeting with a pre-presented alternative would raise quite few votes from stock owners.

gerbick, nobody said that moving to Windows has halted Nokias deteriorating position. As I pointed out, it will halt the downfall.

Technically, if Nokia said converting to Windows Phone will stop it from losing marketshare, without specifying a time window, then that is only untrue from the day switch away from Windows Phone. If they go bankrupt/leave the market while still following the Windows strategy, then their claim remains true.

When you can't fall any further, the downfall is halted. And the switch to Microsoft has even arguably sped up the process of halting the downfall. They can't go on like this very long before there's no more down to fall.

That still makes it the crappiest strategy since "name every phone an iPhone killer just to make the iPhone seem untouchable", but in their mistaken optimism they probably stumbled over the truth by accident.
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