Not true. Nokia was making increasing profits before Elop started really his mole work as a Trojan Horse: http://communities-dominate.blogs.co...far-worse.html http://communities-dominate.blogs.co...9f49eb2970c-pi The stock share value was a different thing and was under manipulation by US funds (where NSA and Microsoft were behind) Fidelity Magellan and other US funds cornered Nokia in the spring of 2010. Then in June Vanjoki was going to be the next CEO, but "the corner" forced Ollila to take Elop and Vanjoki was cancelled. Then in the autumn of 2010, Magellan sold all its stocks away lowering the share price even lower helping Elop to reason Symbian and Meego must be killed and Nokia must start to be slave for Microsoft. (the diagram from Morningstar Direct)