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« Paging Truth Police: One Last Time - the Reality of Nokia when CEO Elop Took Charge as CEO, and What Was Not Broken | Main | Digital Jamboree Continues: Now Apple Q1 - iPhone sells 35M Units, drops to 22% Market Share (Corrected) »

April 24, 2012

Comments

elm70

@Etaster

Dividend is plan for 3rd of May ... how can it be cancel NOW ?

zlutor

@Etaster: that would be a real killer news for the stocks!
elm700 is right. Too late now...

PlatformWarrior

Jorma Ollila said this week on Finnish television that Elop still has his full support. Next week he will step out from the board of directors after working 26 years for the company. His successor will not have an easy job to save the company.

xxx

To be honest, Nokia can still survive if it manages itself well and makes no more big mistakes along the way.

The decision to go with WinPho due to ecosystem has been made and not wise to undo as it creates more confusion, uncertainty and definitely writing off previous and current product lines. Decisions like these would kill Nokia.

Good decisions would be fine the right people, hire them, and make products that people want. Know your competitors, know how to take the fight and when to take the fall. Most importantly, don't go against the market ^.^

To be honest, I don't mind working for Nokia because I believe they can still be something. They won't be as successful as in the past, and definitely, they won't be brand names that nobody has ever heard of today.

xxx

bjarneh

to revert from the WinPhone path now would be something Microsoft would fight hard. it would practically state that Microsoft is so undesirable it's impossible to sell. (that would be the markets reaction at least if Nokia was to drop them now).

i do however agree with most of what you say, the only way back to profit is to forget that whole Elop thing ever happened, and continue as planned with Meego/Maemo forwards. they have the devices (i have it as well) and Meego is excellent, they fired most of the team though, but you could hire new developers (it's a commodity like CEO's)

Earendil Star

Credibility loss by ditching WP?

First, Nokia has become totally incredible in the way it's being run.
So, no, credibility is not an issue any longer.

Second, is it better to insist with a terrible OS, which furthermore does not sell (MS has never been good at mobile software, sorry folks...), or to realize the strategy is flawed and change course? Other tech companies have reacted much faster when it became clear their strategies -at least apparently- were failing (e.g. HP)

Third, Nokia was pushed to compete on Apple's turf, while its success was based on completely different grounds.
The result has been the annihilation of Nokia, since the basis of its success until 2011 was zapped.

So, theoretically, the best thing for Nokia now would be to ditch THT Elop and his insane (for Nokia) WP strategy.
WP should not be necessarily zapped, but could be left for the US market.
And Nokia should revert to its old strategy (but with improved execution), which was much more similar to Samsung's current one.

Pratically, this will not happen. Nokia is trapped in MS' lethal embrace.
But forcing MS to acquire Nokia (or at least the smartphone unit) could be a reduction of losses for shareholders, as long as the price MS pays is adequate. So, not too bad of an outcome.

There are no alternatives. Nokia is now finnished. No way it can return to its old days.
Nokia is not run by a genius à la SJ, but by a mediocre executor of MS directives, THT Elop.

And by how things are devEloping, the day of reckoning will be coming sooner rather than later.

The result derives from the deeds of THT Elop.
Symbian / Maemo were zapped because WP had to be pushed. This cut Nokia's legs.
WP was rushed on mediocre (despite propaganda) Lumia phones, is ages behind its competition and has no appeal.
Come on, Apple is out with the iPhone 4s, Samsung now with the Galaxy Nexus, Note, SIII and ICS...
Even Huawey and others are outpacing Nokia with their Android offerings.
Meanwhile, prices of Symbian devices are kept too high for an OS, which was declared dead more than one year ago by THT Elop himself (great CEO, badmouthing his own products... one year before he was ready with an alternative. Oh, but he still works for MS? Ah, now I understand).

So, WP fantrolls, please stop the nonsense blabbering.
MS hijacked Nokia, (like for Samsung, in mafia style albeit in a different way), hoping to revive WP.
The result was underwhelming, and the secondary consequence will be the victim's death.

Just a last comment: I hope not all North American CEOs will be as successful with their companies as THT Elop was with Nokia.
Otherwise we might be witnessing a US economical demise.

Good night and good luck.

ds

@Earendil Star
This exceperpt from the review is very telling.
"It is not just the camera on the Titan II that impresses, but the camera software enhancements that HTC provides help push it past the Lumia 900. You will find panorama mode, burst mode, many different scene choices, red eye reduction, image stabilization, and more."

- Nokia brand associated leadership in cameraphones, one of its major selling points
- HTC phones (regardless of OS) usually tarnished bc of camera quality (not up to standards for premium smartphones)
- Nokia flagship that CEO pithed as compoany turnaround fails with HTC on photo abilities, huge humiliation (it would hurt less to suffer defeat from Apple or Samsung)
Reasons:
- Nokia has the technology (in fact it has tech that disrupts cameraphone, not touched by any competition)
- Nokia can't implement it on WP because of lack of former expertise, R'n'D on the plaform
- Stock windows phone camera functions lag behind competition (Android, Maemo and Symmbian)
- HTC has long (decade long) experience in programming and improving Windows CE from what MS delivers and manages to get its customizations on time
- MS promissed Nokia exclusive customizations but it's HTC that benefited from them. MS provided not enough support to Nokia

This is a primary evidence how choosing WP resulted in permanent damage to Nokia brand.

PERUS

Oh No Lee Williams...

What a jerk. No wonder he's fired from Nokia.

Tomi, this dude, why you mentioned him? He might supports mostly of your arguments against Elop but his story about flipping the switch is definitely a huge shame and shows the nokia's arrogance which leads to its downfall, don't you think too guys?

http://counternotions.com/2012/04/25/switch/

What a big shame, bad products? Then simply flip the switch... very market share oriented mindset anyway...

Earendil Star

Just adding to the never ending saga of MS and the mafioso...

Barnes & Nobles is the latest victim of the extortion tactics between the businessman and MS.

I was wondering who would become the next victim after Nokia, and here we have the answer: B&N!

Oh dear, dear. Is it so difficult to learn from past mistakes of other companies?

Earendil Star

@ Tomifan

I take your point. We totally agree, although I think forcing MS to finally buy Nokia would benefit Nokia's shareholders and end this free lunch by MS.

@ PERUS

The important point here is that Williams is saying that Nokia -before- would ship in the millions.
THT Elop Nokia is able to ship in the thousands.
Regardless of the quality of the OS.

What you are saying is irrelevant and sways the attention from the real issue.

That Nokia was arrogant and had execution and quality problems before is beyond doubt.
Equally beyond doubt is that with THT Elop things have turned exponentially worse.
And what is relevant now, in 2012, is the latter.

PERUS

@Earendil "rising" Star:

I don't care about Elop. What I do care as a user is, after reading that comment, I feel that Nokia is a company that cares more about the market share rather than the quality of the products, don't you think too?

And that's all because of that guy why Nokia is going down hill right now, for every bad product they might be able to flip the switch 2.5 up to 3 million devices to the users but after that they never buy Nokia devices anymore, a valid point dude?

hermit

Elop's doing exactly what M$ hired him to do, bringing the world's biggest mobile company - and M$'s biggest barrier to entry in that market - crashing to its knees. It was obvious at the time, it's been obvious all along, and it's bleedin obvious now, even the shareholders are starting to wake up. Viqsi is absolutely right, and no other analysis fits.

The only real question is, what's in it for the other board members, the ones currently looking the other way while the Yankee double agent rapes their daughter? maybe you have some insights, Tomi?

http://www.youtube.com/watch?v=oBhXPYsgEiA

What's up, I read уour new stuff like eveгy week. Your humoristіc ѕtyle is witty, keeρ it up!

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