Stephen Elop at D9: rumors about Microsoft acquiring Nokia are “baseless,” first Nokia WP coming end-2011
0. phoneArena 02 Jun 2011, 03:19 posted on
The D9 Conference is the venue bringing together one of the most influential people in tech and just mere hours ago it welcomed one of the most controversial CEOs in the history of the mobile industry - Nokia’s own Stephen Elop…
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2. TKFox007 (Posts: 303; Member since: 02 Nov 2010)
Of course he's going to deny it, if the shareholders found out that he was purposely devaluing Nokia so Microsoft could acquire Nokia, they would have him ejected as CEO so fast his head would spin.
How can he say that the rumors are baseless?
1) He worked for Microsoft
2) He's ditching Symbian for WP7
3) He sold his Microsoft shares for a large portion of Nokia shares after the price dropped dramatically
4) He's done nothing to make the shares go up
5) He's having low-end WP7 phones come out at the end of the year
6) He went with WP7 instead of Android, when Android would be a smarter move as people are more likely to adopt that than WP7
7) It's being referred to as an alliance between Nokia and Microsoft
Nokia is the biggest phone maker in the world, Stephen Elop was put there purposely so WP7 would have a competing chance with iOS and Android. And if Microsoft doesn't buy out Nokia by next year, I'll be surprised.
6. jthiagesan (Posts: 104; Member since: 20 Apr 2011)
Very true, Android is the best OS for nokia next to Symbian because Nokia has great designs for their phoens
7. bluechrism (unregistered)
1) He worked for Microsoft - True
2) He's ditching Symbian for WP7 - True
3) He sold his Microsoft shares for a large portion of Nokia shares after the price dropped dramatically - He had to legally. Seriously, if he was nokia CEO and kept his MS shares and didn't buy nokia ones there would be a huge outcry.
4) He's done nothing to make the shares go up - true (though i don't think Symbian was increasing share price or gaining lots of customers either)
5) He's having low-end WP7 phones come out at the end of the year - He's not, He is after pushing low and high end WP7 devices, just as there are a range of Symbian devices. If there's a consipracy, this isn't it.
6) He went with WP7 instead of Android, when Android would be a smarter move as people are more likely to adopt that than WP7 - True he adopted WP7 rather than adroid, but what if with MS he cold get features in the os core and a good deal generating more revenue from maps and other nokia services, while google said, yes, be an OEM with same deal as HTC and Samsung? WP7 may be riskier, but nokia has a good seat at the WP7 decision making table.
7) It's being referred to as an alliance between Nokia and Microsoft - It is. This doesn't mean much other than they are working closely together, and more closeley than MS is working with other makers.
If nokia is bought by MS i will be suprised - windows phone looses a lot of value, not to mention sales if MS buys a hardware maker and brings it in house. They would be surrendering the OEM market to android if they did that. The deal they have is good, and nokia can make millions of phones using S40 at the low end and support symbian and relase symbian devices and Maemo6/Meego devices if they wish. MS doen't have a use for the "dumbphone" section of nokia, or Nokia Siemens Networks, and will do much better with multiple makers selling windows phones.