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January 30, 2012

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Peter

@ vladkr, at which price,data plan and contract are they selling lumia ? lumia 800 or 710 ? why is very basic information missing ? it is pure false news.

Peter

@ vladkr, strange, author compares it to n95, not n8. they are afraid of n8/n9 for what ?

vladkr

@Peter

I don't know, articles on Finnish national broadcast company's (YLE) website are even worse.
When I read this
http://www.yle.fi/uutiset/news/2012/02/ollila_reactions_to_nokia_lumia_positive_3225126.html

"Ollila said that analyst and consumer response to Nokia’s first Windows-based smartphone has been even better than expected."

That reminds me of Brezhnevian era in the USSR; is it the ostrich syndrome or just deliberate lie?
--
About the price, it's hard to say, because there are many offers (and my knowledge of Finnish is quite poor), but according to what I understood from Saunalahti and Sonera website, the cellphone alone is about 16 Euros/month - regardless voice/data plan - with a 2 years contract. Maybe someone will correct me on that.

Peter

vladkr ,

obviously Jorma Ollila felt the pressure from true nokia shareholders (not those who bought 5% and naked sold short 50%).

Ollila felt the angry from blogers like Tomi and nokia loyal consumers too.

But Ollila still atempts to protect Elop and his plan to destroy nokia from inside.

Ollila had strong connection with US Wall Street than anyone else from nokia. He won his very fisrt "fame" as Citi Bank agent in Finland about 30 years ago. And kept that connection till Today.

Time for Ollila to play ultimate destruction of nokia with $160 of nokia shareholdes blood.

Thats why Ollila brought in Elop to do the job at a time when nokia releasing attracting product nokia n8/E7/C7 and the incoimg God product of Meego N9/n950.

Regards,
Peter


Peter

vladkr ,

obviously Jorma Ollila felt the pressure from true nokia shareholders (not those who bought 5% and naked sold short 50%).

Ollila felt the angry from blogers like Tomi and nokia loyal consumers too.

But Ollila still atempts to protect Elop and his plan to destroy nokia from inside.

Ollila had strong connection with US Wall Street than anyone else from nokia. He won his very fisrt "fame" as Citi Bank agent in Finland about 30 years ago. And kept that connection till Today.

Time for Ollila to play ultimate destruction of nokia with $160 Billion of nokia shareholdes blood.

Thats why Ollila brought in Elop to do the job at a time when nokia releasing attracting product nokia n8/E7/C7 and the incoimg God product of Meego N9/n950.

Regards,
Peter

Peter

Jorma Ollila's background:
Prior to joining Nokia in 1985 Jorma Ollila worked eight years in corporate banking at Citibank's London and Helsinki offices, and when he joined Nokia his tasks involved international investment deals.

Interesting, tomi's Finnish hero had been a Wall Street Banker before taking a position in nokia.

That's explained everything why he followed and keeps following the instruction from Wall Street to destroy nokia from inside.

Peter

@vladkr , Jorma Ollila took command from US Wall Street to destroy nokia from inside. He has no choice but execute it by bringing in Steven Elop to disrupt nokia management/R&D/sales/patent licensing/mobile advertising/ecosystem and fire sale nokia assets at rate of 1 cent for 1 dollar. Nokia is dead already.


bigtalker

Peter,

You should go to Hollywood

Peter

@bigtalker, this is profile is not drama:
Prior to joining Nokia in 1985 Jorma Ollila worked eight years in corporate banking at Citibank's London and Helsinki offices, and when he joined Nokia his tasks involved international investment deals.

That's Jorma Ollila.

Peter

@bigtalker, it is Jorma Ollila and Steven Elop who are qualified to go Hollywood. I am just one of nokia shareholersa and consumers.

Peter

@bigtalker, but seriously, Jorma Ollila and Steven Elop need to be put into jail for life, no bail.

Peter

@bigtalker,
Platform 2011 shipments Share (%) Growth
Android 237.8 48.8% 244.1%
iOS 93.1 19.1% 96.0%
Symbian 80.1 16.4% -29.1%
BlackBerry 51.4 10.5% 5%
Bada 13.2 2.7% 183.1%
Windows Phone 6.8 1.4% -43.3%
Others 5.4 1.1% 14.4%
Total 87.7 100% 62.7%
--------------------------
look at above latest table,

Elop sabtaged Symbian/Meegao and caused it was dumped by consumers.
Elop jump into another quickly sinking ship so called windows phone whhose market share plunges even faster than his sabotaged symbian/Meego.

Yes, it is a Hollywood movie with $160B investment money burned in merely 10 months.

KPOM

If Navteq were really worth $16 billion, then Nokia wouldn't be at $5/share. They overpaid. Google has been mapping the world ever since the Navteq deal was announced. Navteq might be worth something to Apple, who is obviously trying to loosen its remaining ties to Google. It definitely is worth something to Microsoft. But Apple has the cash to do it on its own if it really wants to, and Microsoft already has a deal with Nokia. Therefore, Navteq's value is diminished.

Murat

Tomi, I was part of Enpocket then I moved to Nokia when they acquired them in 2008.

You are right about some things, but they are the things that don't matter. The trouble is your post is dangerous because you are throwing facts and figures everywhere so it sounds convincing to anyone who wasn't there at the time.

Yes Nokia acquired a ad network before Apple/Google. Did they know what to do with it? NO.

So yes you are right, there was foresight to buy a ad network before anyone else. But OPK and the others screwed up, they made some terrible decisions about the future of the ad platform, clients and the on-going projects.

Ultimately under OPK, Nokia decided to make 90% of Enpocket redundant 14 months later. All that was left was the barebones of what Enpocket created.

So why are you blaming Elop for this? - The wheels were in motion long before he came along.

There are dozens of other things that happened internally during that time which have lead to the downfall of Nokia today - too many to go into.

Apple managed to integrate Quattro so quickly. Buys them in Jan 2010, launches iAd in April 2010. Nokia buys Enpocket 2007, bumbles around for 14 months with no clear strategy, confusing staff. Lays everyone off.

Fell behind, missed big trends and lost time - <<< perfectly describes Nokia.

PERUS

Tomi,

you should meet and discuss with Elop in personal and try to understand his strategy. All of his action or decision is surely negative from your eyes in addition with Nokia's past glory but might be positive from different views.

There are massive changes at the moment inside Nokia, but those changes must not be always bad or negative, people may not like new things, but without changes you'll always stay where you are. The competitors never sleep and the world outside turns so fast. I think Nokia "stays" too long specially in OPK time.

vladkr

What is Lumia sales level around the world right now ?
Some say results in Finland were spectacular
Others say that in France, "Lumia are everywhere" (but no real numbers)
In Russia, no numbers, but prices were cut by 30% in one month, which isn't a good sign
In Canada : well, don't know. In Quebec city (population 500K), it seems that less than 10 were sold in one week, maybe even less than 5, despite sellers enthusiasm (they get a $10 extra for each sold lumia to be compared with a $9.65/hour salary).

USA : don't know
Rest of the world : don't know either

Share price is still dropping...

almost in topic P.S. : J. Ollila is working on road-use fees in Finland; this guy is about to be quite popular in his country

Earendil Star

I do not know why things are happening at Nokia the way they are.
What I know is what strategy is being pursued, because it is in plain sight.
THT Elop is continuing to conduct his mission as planned.

Additional 4000 layoffs announced and shifting production to Asia, while preparing to shut or strongly reduce its original manufacturing plants (the ones Tomi was saying were idle, while Compal was used for Lumias...).

Logical move consisting in rendering everything lean (= devoid of whatever is not needed by WP) prior to the formal passing of Nokia's smartphone unit to MS.

And guess what "will" happen to the crown jewels, like patents, Navteq, etc.... practically they are already in the hands of MS.

I believe it may be helpful to highlight passages from a couple of previous comments to get the wider picture.

KPOM: "[Navteq] definitely is worth something to Microsoft. But [...] Microsoft already has a deal with Nokia. Therefore, Navteq's value is diminished."
Exactly! Navteq is one of the (many) unexplainable gifts by Nokia to MS, despite the fact that the real burning platform was WP. A negotiator having in mind Nokia's best interest would have kept total control of Navteq, or at least exploited this bargaining chip much better with MS. But what would you expect if the two negotiators were THT Elop (MS) vs Ballmer (MS)? A good deal for Nokia? No way!

Murat: "The wheels were in motion long before he [THT Elop] came along."
It is too easy to always blame bad things on predecessors, who are long gone, and I am sick and tired of hearing that what THT Elop does is ok, because previous management was also bad. This is utter and total nonsense. Bad reasoning. Is it ok for a new CEO to destroy his company, because the previous CEO was bad? Should Steve Jobs have destroyed Apple because his predecessor was bad and had brought Apple to the brink of ruin?
So, to all THT Elop and MS fanbois, please stick to the facts. No one is alleging that Nokia needed a change, what is being said is that THT Elop brought a change for worse, which is indisputably demonstrated by all possible metrics you may use. Without even considering that Nokia is now a mere OEM, depending on a single software provider (= bad risk management, because all one's egg are in one's basket and one's negotiating powers are thus greatly diminished), without any ecosystem (yeah, if you notice the ecosystem being pursued is MS's, not Nokia's), that is being streamlined just to be sold at the lowest possible price.

apollo_dev_team

@Earendil Star: C'mon dude. Calm down a bit will you?

AtTheBottomOfTheHilton

According some sources the main reason Stephen Elop was put into Nokia was to obtain the Nokia patent portfolio regarding cell phones. One of the first tasks of Stephen Elop was to sell these patents to a company named Mosaid. After that Mosaid immediately filed lawsuits against Google. This is what was the primary target for Microsoft.

http://www.electronista.com/articles/11/12/09/itc.agrees.nokia.and.mosaid.should.give.info/

This whole drama is probably questionable from a legal point of view.

elm70

@Earendil Star

Would Angela Merkel let American funds take over control of Siemens, or Bayer, or Mercedes or Volkswagen ?

Odd enough, in the land of Santa Klaus, in Finland nobody said anything and did nothing for stop the Elop plan (Elop is only a puppet controlled by the controlling shareholder of Nokia, that are the same that control Microsoft in these days)

Elop destruction of Nokia, at that gain of Microsoft, was clear from the famous-infamous 11.2

Before claim that is my wrong vision to see American funds that control Nokia, check these links:

Dodge -> over 5%
http://www.4-traders.com/NOKIA-6468/news/NOKIA-Notification-under-Chapter-2-Section-10-of-the-Finnish-Securities-Market-Act-holdings-of-Dodge-13703694/

Capital Group -> over 5%
http://www.prnewswire.com/news-releases/notification-under-chapter-2-section-10-of-the-finnish-securities-market-act-holdings-of-the-capital-group-companies-inc-in-nokia-corporation-exceeded-5-55959197.html

And yes, with above 10%, in a fragmented ownership as is Nokia today, these two are fully controlling Nokia and they can place who they wont in the Nokia board.

Tchuss

e_lm_70

vladkr

No made in Finland Nokias anymore :

http://www.yle.fi/uutiset/news/2012/02/nokia_to_halt_assembly_at_salo_plant_3240587.html

Elop and his friends disgust me more and more

PERUS

@vladkr: C'mon dude, stay on the ground will you? Do you think Nokia is a non profit organization or similar?
Apple did it for ages and Nokia was the last technology company who realizes that. Finally, designed in Europe, assembled in Asia.

vladkr

@Perus : US companies aren't necessarily a good example to follow as US industry is quite poor nowadays. In the other hand, Germany keeps its factories with success.

Actually, Nokia didn't have any problem in having factories all around the world until Elop decided it does - it's North American type of management, and it doesn't work, or at least seldom!

It's also a lie, as S. Elop promised that Lumia would be made in Finland.

Now, Nokia is just a PO box for microsoft.

elm70

@vladkr

For Finland have a CEO (of a Finn company) that tell lies must be something surprising.
Check the movie "The Invention of Lying", the home of Santa Klaus is in Finland not by mistake.

Anyhow, I'm afraid that even some Finns are getting a wake up alarm now, it is a bit too late.

Nokia is in American hands, not only, it is also used-abused as support leg for MicroSoft

Tchuss

e_lm_70

ps: Production in asia ... is the least of the problems for Nokia.
I think more then 10.000 people will lose job in Finland because of Elop, but if Finns government does not care, who cares ?
Nothing new compared to what shown on 11.2 ... it is just the implementation of the announced plan.

vladkr

@e_lm_70:

The timing for closure is perfect. Finnish government is busy with presidential election last Sunday so one can't expect a reaction that quickly.

Also interesting is the contract signed between Nokia, Microsoft and Canadian MOSAID; MOSAID manages over 2000 Nokia patents, and will get 30% of revenue in any operation, the rest being shared 50-50 by Nokia and MS.

That's a subject Tomi could investigate, and I wouldn't be surprised if there were any ties between Stephen Elop and MOSAID (or even Mosaid's owner, Sterling Fund Management LLC) executives.

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