gringo
Veteran Member
Posts: 29
|
Authored by gringo on Sept 3, 2013 5:12:53 GMT
It has finally happened. The Windows phone has succeeded in driving down the value of Nokia shares to the point where Microsoft can pick it up for pocket change. Elop is returning to the fold, and who knows may replace Steve Ballmer. Wow. Talk about the Peter Principle, that says every person reaches their level of least competence. For sure Elop has reached his by now, and is ready to take over from Ballmer. Microsoft in $7 Billion Deal for Nokia Cellphone Business
Just checked the boards. Nokia shares are down 2.5 % How can that be? When a company is going to be bought, I though share values always go up. NOK via Yahoo
A final note: Microsoft is through this deal acquiring licence to all of Nokia's patents. Since Microsoft is incapable of making phones that people actually want, I think the phones will just be a cover for a potentially lucrative patent trolling business. Of the several articles currently available, Forbes has a wealth of detailed information... Microsoft To Buy Nokia's Mobile Business For $5B, License Patents For $2.2B
What - me worry?
|
|
squib
Veteran Member
Posts: 27
|
Authored by squib on Sept 3, 2013 8:00:01 GMT
If I had the time, I would start a Wikipedia article of all the companies that have come to grief after being infiltrated by M$.
The bulk of shareholders of companies that are also in microsoft's sights are unlikely to beware of their modus operandi. So, they might find such an article interesting too.
|
|
|
Authored by eamacnaghten on Sept 3, 2013 9:10:59 GMT
A tell-tale indicator of things to come appears on the BBC report - www.bbc.co.uk/news/business-23940171 - near the bottom.... Quote... Nokia said that once the sale is completed, it will concentrate on three key businesses - network equipment manufacturing, mapping and location services, and the development and licensing of technology. End Quote In other words - Patent trolling.
|
|
GLaw
Guest
|
Authored by GLaw on Sept 3, 2013 13:20:07 GMT
R.I.P. Nokia One more MS "partner" that bites the dust.
|
|
|
Authored by penguinhead on Sept 3, 2013 16:42:18 GMT
Such a sad day. Can't say that since the installation of Elop this wasn't an eventuality, but I pray for the open source communities as a result of this titanic shift to the dark side.
|
|
Anon2
Guest
|
Authored by Anon2 on Sept 3, 2013 19:08:22 GMT
The patents are going for only $1 billion.
Google should buy the patents for $3 billion to prevent Microsoft from trolling them.
Nokia should convert to Android.
Then Nokia gets to keep the revenue per cellphone that they are loosing to Microsoft.
Elop was a plant ... this deal was brain dead.
|
|
GLaw
Guest
|
Authored by GLaw on Sept 3, 2013 20:32:27 GMT
|
|
|
Authored by sunclevom on Sept 3, 2013 23:37:09 GMT
There is little doubt that Stephen Elop was a Microsoft plant. I really think he wasn't intentionally poison to Nokia, it is just that the dream he was carrying with him to the position was the rather misguided one of Microsoft's Windows 8/Phone instant world domination. As a shock to all of them "Plan A" failed.
We are now seeing the implementation of "Plan B", I think Elop's days are numbered and I don't believe he will be transferring to the helm of Microsoft, but will end up pursuing "Personal Interests" and leaving on "good terms".
My prediction is that "Plan B" will fail too and "Plan C" will end up with Microsoft using the remnants in its non-disclosure agreement IP attack arsenal to terrorize the 'droids for as long as it can get away with it.
I think history will show that on a dollar to dollar basis this massive misstep has been as damaging to Microsoft as it was to Nokia.
Mostly speculation on my part, but we will see, won't we?
|
|
charlieturner
Veteran Member
Above ground, and still breathing.
Posts: 37
|
Authored by charlieturner on Sept 4, 2013 0:11:07 GMT
Wonder who is going to water him back at MS.
|
|
|
Authored by sunclevom on Sept 4, 2013 0:53:32 GMT
Wonder who is going to water him back at MS. If he gets water it will be by the grace of Bill.
|
|
|
Authored by macrorodent on Sept 4, 2013 5:18:30 GMT
Quote... Nokia said that once the sale is completed, it will concentrate on three key businesses - network equipment manufacturing, mapping and location services, and the development and licensing of technology. End Quote In other words - Patent trolling. Actually, after the sale of the phones, the network equipment subsidiary (NSN) will completely dwarf all other remainining Nokia businesses. (Unfortunately that does not rule out patent trolling, but it won't be the biggest business, unless NSN is sold, too).
|
|
GLaw
Guest
|
Authored by GLaw on Sept 4, 2013 12:47:11 GMT
|
|
|
Authored by wayneborean on Sept 4, 2013 23:45:30 GMT
I presume most of you haven't read Nathan Myhrvold's Roadkill on the Information Superhighway from 1993 (RTF WARNING). It lays out why Microsoft has to get into mobile, and is really quite well written. I may think that Nathan isn't a stellar human being - but that doesn't make him stupid. Wayne madhatter.caPS: Well, that was a joy - I'm used to Geeklog and writing my own HTML - didn't work
|
|
|
Authored by wayneborean on Sept 4, 2013 23:54:13 GMT
|
|
GLaw
Guest
|
Authored by GLaw on Sept 19, 2013 16:34:37 GMT
|
|