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#2217
Originally Posted by uTMY View Post
You're an idiot Lumiaman.

Analyst estimate from 2011 - midway through Elops destruction of Nokia Mobile.

"Here’s a quick sum-of-the-parts analysis. After yesterday’s hair cut Nokia’s overall enterprise value is about $20 billion. The Navteq part of the business (purchased for $8.1 billion in 2008) could get a value of $3 billion (based on about 3x sales) and the value of Nokia Siemens networks could be at $6b (less than 0.5x sales). That makes Nokia’s phone business worth about $11 billion."

That would mean before Elop the Mobile division would have been worth more than that.

Before Elop they could have created a seamless migration strategy for all Symbian customers to an Android device or equivalent - QT migration path for apps for instance and retained all customers and achieved a far far greater return than where they are today with a paltry $7b.

The $7b today is the losers prize.

rgds

When Elop arrived, no one would have bought NOKIA mobile division. Everyone was shedding Symbian and going elsewhere.

So you are an idiot to think that NOKIA mobile division at the time Elop took over was worth anything. It was worth exactly 0, as no one had interest to buy antiquated NOKIA

Not only are u an idiot, but you are stupid too.