Looks like he's banned

Uh, so it really isn't his day... I almost feel sorry for him. Almost.

Apparently Mr. Weber hasn't sold a phone in his life, or worked in mobile industry. But he used to work for "guess which company?". No points or any other kind of reward for guessing it right.

At least Mcdowell and Savander were finally purged. Half decade or so too late, but better later than never. Elop finally did one thing right.

This is an unfortunate milestone in the history of Nokia. In nearly two years Elop has been their CEO Nokia has seen their stock price plummet more than 70% (going as far as 75% below before rebounding slightly).

Compare this to the three year 74% slump that happened since the arrival of the iPhone, counting from the stock price' high in Nov 2007, around the time the original iPhone took off, to when Elop took charge in Sep 2010. Btw according to Wikipedia he was *compensated* by $6 millon for taking over the job at Nokia in addition to the $1.4 million annual salary...

Just for fun I also checked the stock value loss from Nokia's all time high during the dot com bubble until Elop's arrival, which weighs in at around 80%, which is in the same ball park.

LOL

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I love how well this guy is getting paid to bring Nokia down. 6 million on top of 1.4 million compensation.

The board of directors isn't helping this situation. I might be able to buy the stock and get a certificate before it becomes a penny stock and justify the price.

I wonder how much one could make as a shareholder when parts of nokia get sold in a year or so. The company seems to be getting more and more digestible for potential buyers.

It's June of 2012, now. So uh.... how's that partnership working out so far? Have you hit that 'next billion' yet? How much farther into the 'future' do we have to wait for the 'disruptions?' Also... why is that page no longer there so soon already? Is there some kind of deeper meaning to that?



This is the Internet where these things CAN sometimes come back to haunt--especially when the CEO is paid so well to publicly, possibly exhibit clinical symptoms of idiocy.

danramos, the page is http://www.nokia.com/global/about-no...t-us/about-us/

You have an update on the Nokia strategy at http://press.nokia.com/2012/06/14/no...s-and-outlook/ Same purpose and structure as announced in feb11, focusing in Lumia, Asha and location-based services.

Now, if you don't mind, I'll focus my maemo.org time in things useful to maemo.org.

Current total market cap is about 8,7 billion euros.

-Cash reserves around 4,7 billion (but going down fast)
-Patent portfolio couple billions or so
-50% of Nokia-Siemens Networks worth few billions.

So basicly the parent Nokia's core business is valued to have no value at all. Propably not that crazy evaluation...

Even funnier if you think that just few years ago Nokia paid almost its current value for Navteq, or that Microsoft paid 8 billions for Skype or that Google paid 12 billions for Motorola. My guess is that it depends how seriously Redmond really wants to be in mobile and how many billions they want to waste on trying to beat Google and Apple in mobile tech. Nokia going bankrupt would really be the end of Windows Phone. No one else is taking it seriously. Personally I think its already a lost battle. Google/Android is the Windows of mobile world for the masses and Apple already is the Apple/Mac of mobile for hipsters and high end. No room for anyone else.