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Nokia Shareholders Fight Back
MohammedSameer writes "A group of nine young Nokia shareholders are fighting back. They posted an open letter for Nokia shareholders and investors asking to be elected in order to bring sanity back. They are also planning to challenge the company's strategy and partnership with Microsoft."
Sell NOK
Buy GOOG
Why is this even being posted, it's 9 people who let me guess own 0.0000000% of the company? Next up 9 apple share holders want Steve Jobs to stop wearing turtlenecks.
Everyone that disagrees with me is a paid shill
Being outmoded is an extremely difficult position to be in.
Meego is easily capable of running a Dalvik vm, and Alien Dalvik demonstrates the capability quite throughly. As that would leverage and extend the Android ecosystem, I can't quite see how it would be behind in any way. Essentially it would be the andoid+unlocked+rootable that you're looking for.
One can see why Microsoft wants Nokia, but for Nokia, going with WP is utter folly; they're dumping their whole current workable and fairly easily fixable lineup for something that nobody wants.
One can wonder what their plan is if WP gets canned with Ballmer in a not so far away future.
Indeed. I was impressed with the lack of silly metaphors, such as "burning oil platforms."
>>>The 'old' strategy was aimless development of so many different handsets it was nuts.
Apple circa 1995, when they were on the verge of bankruptcy. Commodore circa 1993 and they did go bankrupt. Too many models can confuse customers - better to focus on just a few.
Information wants to be expensive AND wants to be free. So you have Value vs. Cheap distribution fighting each other.
that they have a bad hand, and that they're playing a desperate game for the life of the company. Yes, they could do a bunch of other things...and none of them would be great for them. At this point, they do not have a winning hand. There is no winning move for them. The choice he made is a pragmatic one, to stay in the game. It doesn't mean it has to be their 50 year strategy, but it keeps them in the game for the next 3-5 years at least and that's crucial. They screwed up, and it's not the recent decision that was the big mistake. They missed the boat...arguing about why doesn't really change the basic fact that they missed the boat...and they are left in a precarious position. No, the MS way isn't going to get them to #1, or #2. But they can be #3. They can't run iOS...so they're cut off from apps on that platform. They can't be RIM...so they're cut off from that. They could do Android, and probably do it well...but he's right, that they would be subject to severe price pressure and that it would be brutally competitive, low margin. It would gut the company. Any of the other options, save MS, would consign them to the Nokia ghetto, with few apps, no significant community. Going with MS at this point is the only option which helps them to keep profit margins more than razor thin and also gets them access to a larger community, as well as a built in market, that they otherwise wouldn't have. IN THE MEANTIME...if they don't bust their butts on R&D and get out ahead of the next game changer, they will eventually fade away, but at least this buys them time to do that.
Sometimes, the best move is just staying in the game, and they've done that. Yeah, I know, there's lots of risk, and lots of people would want anything but to be wedded to Microsoft, but...sorry guys, too little too late.