I never seen one person so effectively kill everything that a company stands for in one press conference as Elop did. I really didn't believe that he'd do this. While I would have understood if he was using it as a bridge to keep things going until the home-grown product was ready, he has nothing to show here. There is no Microsoft phone coming in 6 months that people can get excited about.

In the meantime, Symbian, which has been Nokia's workhorse, is dead man walking. MeeGo just lost a lot of support. I guess we should be thankful that they open-sourced what they did have so that at least it has a chance to make a reappearance.

While before, Nokia still had the opportunity to be Apple, RIM, et al, now they have pretty much told everyone that they are going to be HTC, Moto, and others. Fact is, this is a "give up" move, and I can't see any shareholder being happy about this. Elop basically gave his consumer base the middle finger.