5 ms·
Fair enough. I'm just concerned in that trying to downsize to save money, Nokia has missed the opportunity to take what was a profitable business (Trolltech's 2
by paulbjensen 14y ago
Fair enough. I'm just concerned in that trying to downsize to save money, Nokia has missed the opportunity to take what was a profitable business (Trolltech's 2007 numbers (in NOK): 174m Rev, 46.5m Profit, 26.7% Net Profit Margin, 227 employees), and salvage it by spinning it back out into a separate business.
In dollar terms, Trolltech in 2007 was doing $30m Rev and making $8m profit. Obviously that's 5 years ago and I don't know what the current fundamentals are, but it would be interesting to know if that business within Nokia was doing more revenue or less, and what it's costs were.
If I were a former TrollTech employee, I would suggest taking a leaf out of Xamarin's book: http://gigaom.com/2011/12/12/xamarin-mono/ http://gigaom.com/2011/12/12/xamarin-mono/
- sho_hn 14y ago> salvage it by spinning it back out into a separate business. That's assuming a newly spun-out neo-Trolltech could be profitable again using the same business model as before, which isn't the case. Trolltech's business model was to sell Qt licenses to folks making closed-source software with it, who couldn't or wouldn't deal with the GPL-and-similar licensing of the open source version. This business model mostly died with the move to LGPL: There hardly any money left to be made selling Qt licenses now. That leaves Qt-related consulting/development work, which companies like KDAB, basysKom, FrogLogic and others are doing.