Originally Posted by Lumiaman

now that is an interesting thought. Elop at MS. For that to happen, he will want NOKIA to continue making phones for WP8 platform. How will he accomplish that?

Originally Posted by MINKIN2

This is something worth thinking about, I agree

When Elop joined Nokia there was a freeze on his shares beforehand, maybe this could be an early indicator if he does get the job? (if the details are published somewhere?)

I would also be interested to know the details of the MS/Nokia partnership too... It will never happen I know, but if there has been a clause where Nokia should remain with WP as a primary OS for a certain time frame, then he would not need to worry about how long nokia remain selling WP for?

As with most people, I would be happy to see Flop back in his Redmond cage where he belongs. And hey, who would not see the benefit of moving from one company that has 3percent of its market share to the company that has the dominance of Microsoft (with the pay check) and be able to nip home at the weekends?

There have been attempts at throwings the old anti-trust flannel at elops stance with nokia too (IIRC) but these deminished quickly. Kinda makes you think that the MS/Nokia partnership is Helium tight

Originally Posted by felipec

No, the board made the mistake of picking Elop, they couldn't foresee Elop would make the stupidest mistakes that every student in business school would avoid.

Originally Posted by daperl

SELL! SELL! SELL!

Nokia Corporation (ADR) (NOK) Is A “Value Trap”: Deutsche Bank

Originally Posted by cr0c0

Dude, Nokia may be "pumping them phones" but almost nobody is buying them. I keep reading your posts, and every time I wonder what are you smoking. The bottom line is Nokia is done unless they change direction, and as long as Elop is in control that's not happening.

There may be hope, as bookies have him as a favourite to replace Balmer at Microsoft.

Originally Posted by MINKIN2

This is something worth thinking about, I agree

When Elop joined Nokia there was a freeze on his shares beforehand, maybe this could be an early indicator if he does get the job? (if the details are published somewhere?)

I would also be interested to know the details of the MS/Nokia partnership too... It will never happen I know, but if there has been a clause where Nokia should remain with WP as a primary OS for a certain time frame, then he would not need to worry about how long nokia remain selling WP for?

As with most people, I would be happy to see Flop back in his Redmond cage where he belongs. And hey, who would not see the benefit of moving from one company that has 3percent of its market share to the company that has the dominance of Microsoft (with the pay check) and be able to nip home at the weekends?

There have been attempts at throwings the old anti-trust flannel at elops stance with nokia too (IIRC) but these deminished quickly. Kinda makes you think that the MS/Nokia partnership is Helium tight

Originally Posted by uTMY

@Danramos

Its interesting to note that Finland doesn't yet have something akin to Class Action Suit, I understand this is currently under discussion/proposal.

I believe it is important to ensure that any incorrect statements wherever they are found are sufficiently countered with facts so that they may not be used in the future in any potential case.

Lumiaman constantly tries to restate history and is constantly trying to steer blame away from Elop as if trying to set out a record that no one else recognises.

Now, I'm not saying that this is what is happening here but the position is remarkably similar to actions taken by Darl in SCO v IBM, Darl used information previously stated in forums and tried referring to it later to support their position. In all cases the information presented when analysed proved to be heresay and falsehoods.

Exactly the type of activity we have seen from Lumiaman.

Now this may be the ultimate in paranoia but then the same could have been said before the SCO v IBM case when, for example, no one noticed at the time a slightly adjusted version of the Unix/Linux timeline charts had been posted which later made the press when published by SCO and used by them to try to support a completely false view of the pedigree of various components.

I would hate to think that any falsehoods presented here by Lumiaman might remotely be used to help Elop should Nokia shareholders ever take them to task.

rgds

ps. I can't help but think how great the N900 would have looked today if Nokia had not been blindsided by Elop and Microsoft into 3 years of deadend products.

Originally Posted by switch-hitter

From NOKIA's accounts 2010:
"On February 11, 2011 Nokia announced Nokia’s new strategy, including changes to Nokia’s Leadership Team and operational structure. Effective from that day, the Nokia Leadership Team replaced the Group Executive Board and consists of the following members: Stephen Elop (chairman), Esko Aho, Juha Äkräs, Jerri DeVard, Colin Giles, Rich Green, Jo Harlow, Timo Ihamuotila, Mary McDowell, Kai Öistämö, Tero Ojanperä (in acting capacity), Louise Pentland and Niklas Savander."

Rich Green and Mary McDowell have jumped ship from this team, probably because of Elop's disastrous decision to kill Meltemi and leave NOKIA's feature phones stranded in the past with Series 40 and J2ME where they will inevitably be devoured by budget Androids. I would imagine they got a pay off and an NDA.


If Elop takes the Microsoft post he might have a few spondoolicks to pay back to NOKIA (I don't know what is considered an 'early termination'):
"As compensation for lost income from his prior employer, which resulted due to his move to Nokia, Mr. Elop received a one-time payment of EUR 2 292 702 in October 2010 and is entitled to a second payment of USD 3 000 000 in October 2011. In addition, relating to his move to Nokia, Mr. Elop received a one-time payment of EUR 509 744 to reimburse him for fees he was obligated to repay his former employer. He also received income of EUR 312 203, including tax assistance, resulting from legal expenses paid by Nokia associated with his move to Nokia. In case of early termination of employment, Mr. Elop is obliged to return to Nokia all or part of these payments related to his move to Nokia."


This bit's almost funny:
"In consideration, Mr. Elop will be provided the opportunity to earn a number of Nokia shares at the end of 2012 based on two independent criteria, half of the opportunity tied to each criterion:

1) Total Shareholder Return (TSR), relative to a peer group of companies over the 2 year period from December 31, 2010 until December 31, 2012: Minimum payout will require performance at the 50th percentile of the peer group and the maximum payout will occur if the rank is among the top three of the peer group. The peer group consists of a number of relevant companies in the high technology/mobility, telecommunications and Internet services industries,

2) Nokia’s absolute share price at the end of 2012: Minimum payout if the Nokia share price is EUR 9, with maximum payout if the Nokia share price is EUR 17."

Elop's a total and utter failure even by his own moderate targets. And Lumiaman's puffing himself up over $4 (approx EUR 3)
I'd like to know who that peer group of companies is in criterion 1.

Oh, and just for the record, Lumiaman:
NOKIA's volume of 'converged mobile devices' shipped in 2010 was 100.3 million which was up 48% on 2009. That was a 17% increase in monetary terms. The reduced ASP was probably because most of the growth was in China and Latin America where budget devices sell better.

Originally Posted by gerbick

Nokia bought by Microsoft. Done, deal.