Stephen Elop: "Now, we're one Microsoft" - read the full open letter here

Stephen Elop:
April 25, 2014 will remain in history as the day when Nokia's Devices & Services division officially became part of Microsoft. The legendary phone maker was to be acquired by the software giant for about $7.2 billion, but due to some last-minute price adjustments, estimations are that the transfer will cost $7.5 billion.

Regardless, the deal has now been sealed, resulting in the transfer of Nokia ex-CEO Stephen Elop to Microsoft, where he's going to head the company's Xbox and tablet businesses. Ever since his arrival at Nokia, Stephen Elop has been a controversial figure in the eyes of Nokia fans, due to a series of unpopular events, such as the burning platform memo, the discontinuation of the Symbian and MeeGo operating systems, the adoption of Microsoft's Windows Phone, and the executive's massive $25 million exit fee that received much media criticism in Finland back in September of 2013. Still, what has probably gotten Nokia supporters enraged the most has been the company's near-total collapse under Elop. An extract from the executive's Wikipedia page provides a summary of how well he did as Nokia CEO: "During the 3 years Elop was Nokia CEO, Nokia revenues fell 40%, Nokia profits fell 95%, Nokia market share collapsed in smartphones from 34% to 3.4%, Nokia's credit rating went from A to junk, Nokia's share price dropped 60% in value and Nokia's market capitalization lost 13 billion dollars in value. During his tenure at Nokia, Elop was regularly featured on the 'worst CEO' lists such as those at Daily Finance, CNBC and Wealth Wire. The Financial Times calculated that Nokia shareholders ended up paying Elop a bonus of 1 million Euros for every 1.5 billion in market capital that Elop was able to destroy while Nokia CEO."

However, Nokia fans and smartphone aficionados alike will probably be interested to know that Stephen Elop also had some things to say on his way out today. What you can read below is the executive's open letter celebrating the closing of the Microsoft-Nokia deal. In short, Elop seems to be more than thrilled to return to his previous employer, while the world should obviously expect great things from this new union going forward. Strangely, 'great success' was also promised during Elop's reign at Nokia, though all that the company managed to do during these last few years was to play catch-up with the leaders in the smartphone market.

Here's Stephen Elop's full open letter, which was published today on the company's official blog - Nokia Conversations:


What do you think?

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51 Comments

1. XperiaFanZone

Posts: 2277; Member since: Sep 21, 2012

Nokia will rise, with or without MS. But Apple will still lead within the next 5 years.

2. nokia12

Posts: 610; Member since: Nov 19, 2013

yeah Mr.flop you and microsoft have been one from 2008 .. you never left Microsoft

16. corporateJP

Posts: 2458; Member since: Nov 28, 2009

^ True Story.

20. ScottSchneider

Posts: 336; Member since: Dec 06, 2011

Wow... finally the trojen horse speaks... naaaiceee.....

39. Charlie_boy

Posts: 71; Member since: Jan 04, 2013

Elop forgot two words for his closing salutation: HAIL HYDRA!

27. sgodsell

Posts: 6897; Member since: Mar 16, 2013

What kills me is when Elop left Microsoft, then within the same month he went to Nokia as the CEO to control and run the Nokia company. Its amazing that soon after Microsoft was kicking in 250 million per quarter to Nokia. Out sourcing symbian and killing off all Linux projects and devices. Its ironic because Microsoft thought people would flock to their closed restricted WP platform. No one is making money from WP including Microsoft. I guess that's why Microsoft and Nokia released an Android type phone in 2014, since WP is not doing the job.

34. CX3NT3_713

Posts: 2348; Member since: Apr 18, 2011

That "android type of phone" was a huge failure,, goes to show you, that android OS on Nokia phones, don't match.. Nokia will be in better hand$ with Microsoft... Just my opinion

37. PBXtech

Posts: 1032; Member since: Oct 21, 2013

That "android type of phone" has barely been in the market. Give it some time before writing it off as a failure.

42. nokia12

Posts: 610; Member since: Nov 19, 2013

and "that android phone" is not even android.. its a wannabe WP phone that can run android apps.. Nokia N9 is a true nokia + android device

44. sgodsell

Posts: 6897; Member since: Mar 16, 2013

Microsoft is completely behind it. They are using the Android name and OS to push Microsoft's services and apps. That's why there is no Google apps or services on the 3 Nokia X Android phones, and they support dual Sims, on screen buttons and cortex-A5/A7. All of which WP could not support until WP8.1, which will be released to the public in June 2014. A billion Android phone are going to be sold in 2014 alone. That's even before Nokia X devices were released in February 2014. Why do you think the project name for Nokia X was call project Normandy. Microsoft and Nokia wants to stem the flow of people buying Android devices with Google's services, especially in emerging markets. Because once users start using Android, then Microsoft is afraid that the users will never use their apps or services. The problem is Microsoft's total control over the software and hardware came back and bit them in the butt, especially since WP only supports Qualcomm Arm CPUs. Android was the only solution. Android already has Microsoft's apps and services, not to mention supports every CPU known to man.

3. Ashoaib

Posts: 3269; Member since: Nov 15, 2013

Job done.... mission accomplished, now come back elop (statement from Microsoft)

4. akki20892

Posts: 3902; Member since: Feb 04, 2013

Waiting for 2016.....New era will start.

7. hunted

Posts: 403; Member since: Sep 21, 2011

Will Nokia continue making phones from 2016 with the any OS like android/windows? Just curious

12. sip1995

Posts: 1771; Member since: Feb 07, 2014

Maybe Nokia will recreate Symbian.

17. alterecho

Posts: 1106; Member since: Feb 23, 2012

I mailed Risto Siilasmaa, asking him if Nokia will be back making devices in 2016. No reply.

22. dratomic

Posts: 483; Member since: Oct 09, 2013

no it wont. just look at what happened to motorola. history repeats. someday todays giants will go down.

10. adecvat

Posts: 626; Member since: Nov 15, 2013

Which Nokia? Nokia make: 1) Maps 2) Wireless And still live

5. CX3NT3_713

Posts: 2348; Member since: Apr 18, 2011

Good!! Nokia stay's with windows phone, bring on tha goodness

6. dontneedtoknow

Posts: 158; Member since: Feb 17, 2014

I think this is good because Nokia and Microsoft can work closer to offer a great device! I probably won't switch to wp unless someone gives me one for free. I just want to see competition.

18. corporateJP

Posts: 2458; Member since: Nov 28, 2009

I give it a year, maybe two, until the remainder of Nokia employees that were incorperated by Microsoft are gone. Mark my words.

43. nokia12

Posts: 610; Member since: Nov 19, 2013

most of the great employees have already left in these 3 years.. and been slowly replaced by Microsoft employees

8. shuaibhere

Posts: 1986; Member since: Jul 07, 2012

This guy has been waiting for this moment for 3 years... Damn he killed meego.... Hate this guy...

13. CX3NT3_713

Posts: 2348; Member since: Apr 18, 2011

Duck meego, it was trash anyways.

15. shuaibhere

Posts: 1986; Member since: Jul 07, 2012

May be for WP fanatics.... Meego is the best thing happened to nokia.... It has potential to take on IOS as android had.... If Meego was not discontinued WP wouldn't have stand a chance..

23. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

Meego was not discontinued technically. Intel was helping, if meego was so awesome...intel the biggest of the chip players, didnt get it a go. Now intel and Samsung have forked meego into Tizen. Meego was 'promising' but it faces the same hurdle MS faces. 2010 entry into a 3yr balloon of smartphones in which Apple and Samsung rose from. Betting on meego or MS was a bet, there is no guarantee meego would have came to much no matter how awesome it was. And Nokia had simply no Cash to fund their own OS anymore.

24. shuaibhere

Posts: 1986; Member since: Jul 07, 2012

Intel never let meego.it was elop who did... With the back up from NOKIA meego would have done much better than WP..you know... everyone was(aware of meego) interested in meego at the time when it released... Can you say that for WP???

31. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

shuaibhere, you have no idea the disaster meego was for Nokia. Maemo was started in 05 by nokia, 05!. Count them 5 years of a smartphone platform that got what done? It was named MeeGo in 2010. There was so much internal conflict between symbian and Maemo that months were spent for nothing. Then when Intel came on, things were worse imo and others as well. Again symbian and meego hit heads, the UI went through so many changes that months were spent on UI changes that were being written from the ground up, waisting time and money. The dev tools they were using were a mess for them as well, incompatible between teams, causing more time and strife. When Elop came onboard you know how many working MeeGo phones Nokia had to show after 5years of development? 0 Experts from another blog about the death of MeeGo "In addition to tens of their own people they hired consultants from outside of Nokia. As a result a decision was made that the combination of Symbian and MeeGo was not sufficient for a succesful long term strategy. In the United States AT&T would have agreed to sell N9, although hardware vice it was considered outdated compared to its Android rivals. Apparently another version of N9 was in development for Verizon, codenamed RM-716. Even if N9 would have been released in North America in 2011, Nokia could not have had a successor with LTE support to offer for a long time in the fast paced smartphone market. During the analysis the MeeGo team didn’t have any device that could have been shown to Elop or the Nokia Board of directors that would certainly have been available for the winter holiday season of 2010." This was the expert of a interview of 10 ex-meego workers that worked on the project. When Nokia went with MS, you know how long it took to bring a phone to market? less than a year. 6 years of Maemo/MeeGo and the only MeeGo phone was a none LTE device.

36. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

Sorry, but the first WP device was the American N9 version with a Qualcomm SoC. Why do you think they got WP working fast? It was because of Qualcomm compatibility with WP. There was no device change. N9 was released before any WP device. Do you think they couldn't just port the OS to new hardware such as the Lumia 900, 1020, 920, etc? The guys doing Jolla now are ex-MeeGo developers. They need a day to port to new hardware. If N9 had the support from Nokia as much as it had from the whole world, Nokia would have still been alive, strong and individual.

46. elitewolverine

Posts: 5192; Member since: Oct 28, 2013

So your saying...a win os that was already ready, was able to hitch a ride along the N9 because of QUALCOMM. That within less than a year, switching to an entirely NEW OS platform was done so quickly was because of just QUALCOMM or was it because windows had a working OS? It is because windows had a working OS, it was because after 6yrs in development their ground up OS was behind, they had 1 device to show for it. No LTE, the device drivers etc hadn't even been worked on yet in the MEEGO and was known that one wouldn't be out for awhile. From the whole world? you mean where Nokia couldn't even get major companies to license MeeGo? Companies like Samsung walked away from it and was the reason Nokia ended up selling it. They had 6 years! MeeGo was not an over night project, it wasn't ready. When Elop joined, they didn't even have a device to show them. Jolla released their 400+ device, and it doesn't have LTE? The reviews have stated promise but with a few bugs and android app support "It's a work in progress, and we found that Android apps were a bit unstable at times. A couple of nasty crashes did take place." and as simple as a day to port? "It's a work in progress, which requires a lot of optimising for different devices, but we got to try it out on a few different third-party phones and the experience was just like on the Jolla phone, though a little more buggy." I am not knocking Jolla just that your perception that MeeGo was some amazing OS, it was in a bad state, not one that the company of a failing brand like Nokia would want to tackle. They were free from their bonds of developing and maintaining and OS and app market, MS gave them this freedom. Would android have? Sure but like Moto, who would have bought them and then stripped them if/when droid didn't pan out.

19. alterecho

Posts: 1106; Member since: Feb 23, 2012

If its trash, WP must be worse than trash.

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