11-12-2013 08:59 PM
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  1. alv3st3r's Avatar
    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



    Source: NOKITA Pitch via My Nokia Blog
    Last edited by alv3st3r; 10-31-2013 at 03:15 AM.
    10-30-2013 02:14 PM
  2. Jas00555's Avatar
    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
    10-30-2013 02:50 PM
  3. HeyCori's Avatar
    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.
    Editguy1900 likes this.
    10-30-2013 03:25 PM
  4. alv3st3r's Avatar
    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?
    10-30-2013 03:27 PM
  5. gsquared's Avatar
    Ahh, thats nothing but that drunk ex-executive and his bar buddies. They probably didn't mention they'll be paying in beer-nuts.
    Jazmac and lippidp like this.
    10-30-2013 03:28 PM
  6. raul_junior's Avatar
    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
    10-30-2013 03:29 PM
  7. Jas00555's Avatar
    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.
    Editguy1900 likes this.
    10-30-2013 03:34 PM
  8. HeyCori's Avatar
    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.
    10-30-2013 03:37 PM
  9. alv3st3r's Avatar
    yes, easily. 28.5 billion goes a long way.

    Remember that's $28,500,000,000.
    Why can't Samsung do it then?
    10-30-2013 03:41 PM
  10. alv3st3r's Avatar
    Patents that Nokia is ready to sell for 7 billion.
    License.
    Editguy1900 and Dazzi like this.
    10-30-2013 03:43 PM
  11. Jas00555's Avatar
    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.
    10-30-2013 03:46 PM
  12. HeyCori's Avatar
    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.
    Bartdog, Editguy1900 and Dazzi like this.
    10-30-2013 03:50 PM
  13. alv3st3r's Avatar
    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.
    10-30-2013 03:57 PM
  14. alv3st3r's Avatar
    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.
    HeyCori and Dazzi like this.
    10-30-2013 04:00 PM
  15. Jas00555's Avatar
    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.
    10-30-2013 04:02 PM
  16. alv3st3r's Avatar
    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.
    10-30-2013 04:28 PM
  17. Jas00555's Avatar
    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.
    10-30-2013 06:07 PM
  18. hulkkii's Avatar
    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)
    Dazzi, alv3st3r and xandros9 like this.
    10-31-2013 01:11 AM
  19. alv3st3r's Avatar
    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.
    10-31-2013 02:05 AM
  20. alv3st3r's Avatar
    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.
    snowmutt likes this.
    10-31-2013 02:57 AM
  21. Reflexx's Avatar
    They won't even raise 0.5 billion. And that's only if they're really good at finding suckers.
    10-31-2013 03:21 AM
  22. sejgiul's Avatar
    Business he has done in over 40 countries
    Yoda he is. lol

    Seriously though, what a muppet. "The dream company", sounds a bit childish coming from a supposed business person that has lived in 10 countries across 5 continents.

    That PDF is a Powerpoint presentation. If I presented anything that looked like that to my executive board, they would put a bullet in my head. This is clearly a joke... Or a scam...

    I'm not even bothering picking the presentation to pieces, after reading the first 10 pages it is clear that they haven't got a clue...
    10-31-2013 04:00 AM
  23. boovish's Avatar
    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



    Source: NOKITA Pitch via My Nokia Blog
    Nice going. I didn't know you wanted to make garbage
    10-31-2013 05:54 AM
  24. alv3st3r's Avatar
    Nice going. I didn't know you wanted to make garbage
    Who you're talking to?
    Dazzi likes this.
    10-31-2013 07:19 AM
  25. dkediger's Avatar
    Jeez - These guys went to the Balsillie/Lazaridis (RIM/BB) School of Business.

    From The Presentation:
    We welcome contacts from investors anywhere from 5 MEUR to 8 BEUR that target to triple their investment in 3 years or less.
    Again, No mention of what their (Parda's group) equity will be.

    The conservative target by valuation analysis is to reach 10% Android market share in 3 years.
    So, they expect to ramp an Android handset business, secure carrier placement, and supplant LG, HTC, or Moto....
    But:

    Actual target is to reach 15% market share in Android and Linux products in 1 year, and 25% market share in 3 years.
    They really are selling supplanting every Android maker not named Samsung in that time frame.

    Rainbows and Unicorns!
    10-31-2013 08:47 AM
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