Save Nokia - Nokita Pitch aims to outbid Microsoft

[alv3st3r]

A movement called Nokita intends to tackle Microsoft and place a competing bid for Nokia’s handset division, claiming the division would be WORTH more than 4 times the 5.4 billion Euro (what Microsoft is paying for it) in three years time should they take a more pragmatic approach. The video below is a pitch from Nokita which is trying to save Nokia D&S unit from being consumed by Microsoft. Nokita as we have learned is the Finnish word used in poker to raise a bet.

They intend to take 25% of the smartphone market by selling both Android, Linux and Windows Phones, and by creating phones which are fun, educational and safe. They want to turn Nokia around with a Nokia dream team. They're planning to raise 8 billion euros for the bid: 5.5 – 6 billion EUR + 2 billion EUR for transition costs. They are looking for accredited investors who can chip in from 5 million to 5 billion

Nokita Pitch - YouTube

Source: NOKITA Pitch via My Nokia Blog

 

[Jas00555]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

4 times Microsoft bid..

So, 28.48 billion?!?!

For that price, let them have it, it would be cheaper to Microsoft to build it's own phone division

 

[HeyCori]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

They're looking for investors to pay nearly 30 billion dollars for a company that doesn't even make that much in revenue???

Naw, they're looking for suckers to give them a bunch of money so that when this falls through they can walk away with pockets full of money.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

4For that price, let them have it, it would be cheaper to Microsoft to build it's own phone division

Will Microsoft be able to produce Nokia like hardware from that "cheaper" phone division?

 

[gsquared]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

Ahh, thats nothing but that drunk ex-executive and his bar buddies. They probably didn't mention they'll be paying in beer-nuts.

 

[raul_junior]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

They're looking for investors to pay nearly 30 billion dollars for a company that doesn't even make that much in revenue???

Naw, they're looking for suckers to give them a bunch of money so that when this falls through they can walk away with pockets full of money.

you don't understand Nokia is easily worth this much and mostly just because of its patents

 

[Jas00555]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

Will Microsoft be able to produce Nokia like hardware from that "cheaper" phone division?

yes, easily. 28.5 billion goes a long way.

Remember that's $28,500,000,000.

 

[HeyCori]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

you don't understand Nokia is easily worth this much and mostly just because of its patents

Patents that Nokia is ready to sell for 7 billion.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

yes, easily. 28.5 billion goes a long way.

Remember that's $28,500,000,000.

Why can't Samsung do it then?

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

Patents that Nokia is ready to sell for 7 billion.

License.

 

[Jas00555]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

Why can't Samsung do it then?

you've clearly never met the Galaxy S4 or Note 3. They definitely do, and that's just phones, they have tons of other businesses that they invest into.

 

[HeyCori]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

License.

Nokia has been licensing their patents and HERE Maps technology for several years now. Still hasn't netted them anywhere near 30 billion dollars. If Nokia was the dominant player then they could demand more money. No company in their right mind is going to pay 30 billion when Google has such a wide lead in both services and devices sold.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

you've clearly never met the Galaxy S4 or Note 3.

I've and I don't like their design. I don't know why you're overlooking my point. Nokia's hardware is stunning. That's why many android lovers dream of Nokia Nexus.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

No company in their right mind is going to pay 30 billion when Google has such a wide lead in both services and devices sold.

I agree that offering 4 times more than Microsoft is too much but atleast they're trying to make an effort and showing that Finns do care about Nokia. Although I doubt it'll work out. Lets see how this goes.

 

[Jas00555]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

I've and I don't like their design. I don't know why you're overlooking my point. Nokia's hardware is stunning. That's why many android lovers dream of Nokia Nexus.

If I had a Note 3 that ran WP8, I'd throw my 920 off a bridge (ok, I'd probably sell it). I'm not sure what you want in a phone, but the Note is way lighter and faster than my 920. I'm not avoiding your point. Your question was "why can't Samsung make nice phones" and I said they do.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

If I had a Note 3 that ran WP8, I'd throw my 920 off a bridge (ok, I'd probably sell it). I'm not sure what you want in a phone, but the Note is way lighter and faster than my 920. I'm not avoiding your point. Your question was "why can't Samsung make nice phones" and I said they do.

To be honest all Samsung phones look same to me just like iPhone iterations. I've got my hands on most of their phone models and their hardware feels cheap to me. Samsung is all about "just specs" to me. But everybody has their own preferences and my opinion is Samsung is nowhere near to Nokia in terms of hardware. I blame Microsoft for lagging behind and slowing Nokia down. They just couldn't move as fast as Nokia. I applaud Nokia for what they've managed to pull off with WP despite Microsoft annoyances. Anyways, I hope Lumia 1520 changes your mind about that.

PS: I gotta sleep now. Its 3 am here.

 

[Jas00555]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

To be honest all Samsung phones look same to me just like iPhone iterations. I've got my hands on most of their phone models and their hardware feels cheap to me. Samsung is all about "just specs" to me. But everybody has their own preferences and my opinion is Samsung is nowhere near to Nokia in terms of hardware. I blame Microsoft for lagging behind and slowing Nokia down. They just couldn't move as fast as Nokia. I applaud Nokia for what they've managed to pull off with WP despite Microsoft annoyances. Anyways, I hope Lumia 1520 changes your mind about that.

PS: I gotta sleep now. Its 3 am here.

your eyes see what they want to see I guess. My friends have a note 3 and s4 and the faux leather on the note definitely looks different from the multiple plastic colors that the s4 comes in, which still looks different from the mega.

If by specs you mean the size, weight, and comfort of the phone, then yes, specs are important to me. Both Microsoft and Nokia were late to the game and both are working quickly.

 

[hulkkii]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

They are not aiming to offer four times Microsoft's bid..
They are saying that its going to be worth that much in 3 years.
Bid they are aiming to raise is 5.5 - 6 BEUR. (a bit over the microsoft's 5.44BEUR)

Link to Nokita plans (check PDF)

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

your eyes see what they want to see I guess.

To me its a fact and many would agree with me. I didn't know you own a Note 3 until you told me so definitely your opinion will differ with mine.

Both Microsoft and Nokia were late to the game and both are working quickly.

Nokia did some very stupid things in the past and their board members were ignorant enough to ignore the iPhone. You should read an article what was actually going on in Nokia during that phase. Symbian team didn't let Meego grow. They were jealous of it. They couldn't help themselves and they also didn't let Meego to evolve as well. It was all politics.

On the other hand, Microsoft's WP is 3 years old now and they're moving like a snail. I hope this changes. Their recent plans are looking good to me.

 

[alv3st3r]

Re: Save Nokia Pitch from Nokita ? Aims to offer four times Microsoft?s bid.

They are not aiming to offer four times Microsoft's bid..
They are saying that its going to be worth that much in 3 years.
Bid they are aiming to raise is 5.5 - 6 BEUR. (a bit over the microsoft's 5.44BEUR)

Link to Nokita plans (check PDF)

Thanks. I'm gonna change the misleading title now.