Thread: Microsoft buying Nokia's devices & services
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Lumiaman
2013-09-04 , 10:08
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#116
Originally Posted by switch-hitter View Post
When Elop announced his WinCE Phone only strategy NOKIA's share price instantly fell and it continued to fall as did their sales, margins, profits and credit rating.

Microsoft has now bought the wreckage Elop created and they didn't even get the real prize - NOKIA's patents.
Look at the chart again. Stock was sliding down for years prior to Elop. Sorry to burst your bubble but your pre-Elop Nokia was full of crazy Tomi nuts and already sliding into obscurity. Elop executed what the intelligent board saw: a dysfunctional company unable to compete in the mobile space. I think that MS overpaid them. They are not worth much.