09-03-2013 07:48 AM
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  1. rockstarzzz's Avatar
    They didn't. Shareholders will only vote on this on 19 November. Sincerely, I hope they reject it. I prefer to own a Nokia Lumia than a Microsoft Lumia... and let's face it, Microsoft tends to mess up everything it owns. Just look at what they did with their precious jewel, the XBox. It went from a jewel to a trashcan.
    Xbox has thumped the market for a decade and lets face it Microsoft has deeper pockets than Nokia. Those deeper pockets are good for our Lumia (that has WP OS on it) than what Nokia alone could achieve with their spare change.
    09-03-2013 05:07 AM
  2. ammarmalik2011's Avatar
    Anyone with slightest knowledge of economics will say that cannot and will not happen. $7B was the much need cash for Nokia for not becoming another Blackberry which relied solely on its phone making and now is on verge of getting bust. That $7B will only be enough for Nokia to survive doing what it does best using its patents on mapping. Again with that it's facing a giant task with Google Maps expanding rapidly. To restart making phone hardware Nokia will need to re-establish and re-invest in everything. Even Microsoft with all it's might hasn't been able to start off making new hardware (eg Surface) right from scratch. It will be foolish for Nokia to return into making phones, that too Android phone where Samsung and HTC will suck them for every single pence they invest. So they are really lucky to have $7B for selling their hardware and services and licensing out patents to make sure they don't go bust. A return into hardware manufacturing (resource intensive) will make it go bust and that is the day when you should have an outburst and cry like a baby, not today. Today, Microsoft saved Nokia, again. Yes, we won't see a Nokia branded phone anymore, but I rather see Nokia survive in business than see them make a product that isn't making profit. They've not washed their hands off WP, they've washed hands off "phone making" - even Asha, the much hailed low-end queen in emerging markets.
    I know it's not realistically possible right now for Nokia to make Android phones, but at least in theory it is. Previously it was impossible under both scenarios due to legal issues.

    And no, today Microsoft has not saved Nokia. You can paint a very rosy picture but you still cannot claim that. Wasn't it this exact website that used to claim Nokia made a good decision going with Windows Phone and that they will benefit financially eventually? Why the sudden change of heart?
    Microsoft could have saved Nokia by injecting in a big sum of money. Buying a company isn't saving a company.
    09-03-2013 05:35 AM
  3. ammarmalik2011's Avatar
    And $7B is just peanuts. It's an embarrassing figure for Nokia. Heck even Skype was $8B.
    09-03-2013 05:37 AM
  4. phing77's Avatar
    i guess this is goodbye
    09-03-2013 07:16 AM
  5. afgzee's Avatar
    I think this is a disgrace, because most of us here invested into Windows Phone mainly with the peace of mind of Nokia. I got the Lumia 900 because I saw the Nokia branding and I knew it would be quality not because I knew anything at the time about Windows Phone.

    I really urge them to keep the Nokia branding otherwise they could destroy Windows Phone once and for all
    09-03-2013 07:20 AM
  6. gsquared's Avatar
    They didn't. Shareholders will only vote on this on 19 November. Sincerely, I hope they reject it. I prefer to own a Nokia Lumia than a Microsoft Lumia... and let's face it, Microsoft tends to mess up everything it owns. Just look at what they did with their precious jewel, the XBox. It went from a jewel to a trashcan.
    Well I'm a shareholder and I am all in with it! Gonna be hard not to sell before then.
    09-03-2013 07:25 AM
  7. rockstarzzz's Avatar
    I know it's not realistically possible right now for Nokia to make Android phones, but at least in theory it is. Previously it was impossible under both scenarios due to legal issues.

    And no, today Microsoft has not saved Nokia. You can paint a very rosy picture but you still cannot claim that. Wasn't it this exact website that used to claim Nokia made a good decision going with Windows Phone and that they will benefit financially eventually? Why the sudden change of heart?
    Microsoft could have saved Nokia by injecting in a big sum of money. Buying a company isn't saving a company.
    Yes Nokia HAS made a good decision going WP, else it would have gone bust a year ago with its Symbian line of phones without the money that Microsoft gave every quarter of the year to keep it going. In return to that, Nokia did an excellent job of creating a buzz for WP and get brand recognition. Now Lumia brand is well known. For WP, Lumia is known more than Nokia. Thus, by getting the brand name Lumia, MS has shown that yes, Nokia did amazing job by creating brand awareness in return of the money it got every quarter from Microsoft. BUT Nokia cannot survive on its own because rather than giving Nokia money each quarter only to create buzz, Microsoft like a good businessman should buy the whole thing and give those peanuts to Nokia which is more than enough to stay relevant with HERE and Navigation solutions.

    Remember, Nokia has licensed the patents and 4 years of HERE services, so Microsoft is still going to pay approximately similar amount relatively to "save" Nokia.

    However, http://forums.windowscentral.com/gen...ions-here.html
    09-03-2013 07:48 AM
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