5 ms·
Why buy it for at least $15 billion now (they'll have to pay a premium obviously), when they can wait say until the end of the year when it will be worth half o
by nextparadigms 14y ago
Why buy it for at least $15 billion now (they'll have to pay a premium obviously), when they can wait say until the end of the year when it will be worth half of that? Nokia's share price is going down fast together with their revenues and market share. It will be worth a lot less 6-12 months from now.
- Sujan 14y agoBecause the probability of a success of Windows Phone goes down with every day they get bad press and unhappy customers. Nokia is the only handset manufacturer really pushing Windows Phone.
- arethuza 14y agoI don't see that Microsoft buying Nokia could actually change any of that within a timescale that actually matters. In fact, being acquired, and the resulting organisational confusion that would result (at least temporarily) would probably makes thing even worse.
- option_greek 14y agoThat would be short sighted. Apart from price, they do want to buy it when its in a relatively stronger position. In another year, with even lesser share, it wont be as attractive.
- borism 14y agoRule #1: never look at the current relative strength. Look at the trend. (otherwise paraphrased as - never try to catch a falling knife)
- parfe 14y agoAnd the only staff remaining will be the people who couldn't find better positions elsewhere.
- rbanffy 14y agoDo they want the people? I'd bet they just want the parent portfolio. Elop's moves certainly indicate Nokia doesn't feel it needs any internal software development and that it would rely on its partnership with Microsoft for that. It's more or less like the deal Palm did with Microsoft which resulted in the Windows Mobile-running Treos - the press releases read like Palm would direct its user interface resources into helping make Windows Mobile a better PDA platform and Microsoft would offer WinMo and its Windows-friendly features for free.
- Tomis02 14y agoWrong. Nokia still does some of the best maps and guidance software on the market. You don't do that with "people who couldn't find better positions elsewhere".
- parfe 14y agoExcellent work changing from the future to the present tense! Your time travelling comment totally invalidates my reply regarding someone's prediction of the future.