Nokia Burning Cash, But AT&T Has Hope - InformationWeek

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Nokia Burning Cash, But AT&T Has Hope
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rpasea
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rpasea,
User Rank: Apprentice
5/18/2012 | 4:20:07 PM
re: Nokia Burning Cash, But AT&T Has Hope
I don't understand why Elop would kill Symbian and their revenue stream w/o having WP in place and ready to launch.
rbanffy
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rbanffy,
User Rank: Apprentice
5/18/2012 | 5:50:39 PM
re: Nokia Burning Cash, But AT&T Has Hope
Elop's dismantling Nokia. There were two outcomes possible from his decisions: one would validate WP7 as a competitor to Android, the other would allow Microsoft to acquire Nokia's IP. Since it's a win-win scenario for his former employer, it's clear who Elop serves.

He can always claim incompetence, but he's been managing Nokia against the interests of its investors from day 1.
RobMark
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RobMark,
User Rank: Apprentice
5/18/2012 | 6:41:39 PM
re: Nokia Burning Cash, But AT&T Has Hope
I think they have until about the middle of next year before they have problems. By then they should have full lines of Lumia phones throughout the world.
ricegf
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ricegf,
User Rank: Guru
5/19/2012 | 10:38:00 AM
re: Nokia Burning Cash, But AT&T Has Hope
It's called "the Osborne Effect", and it's well-understood and perfectly predictable. Either he's an idiot or he's busy slashing Nokia's corporate value in preparation for his (former) employer's acquisition of Nokia's real value (patents) at fire-sale prices.

I personally don't think he's an idiot.
melgross
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melgross,
User Rank: Ninja
5/21/2012 | 3:30:26 PM
re: Nokia Burning Cash, But AT&T Has Hope
Exceeded expectations. Now realistically, what does that mean? How many did they expect to sell? 2 million? 1 million? 500 thousand? 50 thousand? Without knowing, their enthusiasm means nothing. We expect that. They must not project gloom, because that will kill any sales. They have to give the impression that the product is popular so that others will want to buy it.
melgross
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melgross,
User Rank: Ninja
5/21/2012 | 3:33:59 PM
re: Nokia Burning Cash, But AT&T Has Hope
I think he is incompetent. It takes a different kind of person to run a company than to run a division. Often when someone moves from the second to the first, it's not good. We don't always see that because the company is doing ok to begin with, and it might take years before problems become obvious.

But when a company has serious problems, we see that incompetence right away.


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