maemo.org - Talk - Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

maemo.org - Talk (https://talk.maemo.org/index.php)

- General (https://talk.maemo.org/forumdisplay.php?f=7)

- - Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out (https://talk.maemo.org/showthread.php?t=69729)

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

BoingBoing shared this old piece of reporting today:

http://www.siliconbeat.com/2008/01/1...a-flight-risk/

Maybe Elop will be at Nokia for just over a year.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by twaelti (Post 946023)

Unfortunately, the things missing currently only prove the immaturity of WP7, at least if this list is correct:

"Windows Phone 7 lacks some features that were found in earlier versions of Windows Mobile. Among the features that have been confirmed to arrive in the near-future include cut, copy, and paste,[65] full multitasking for 3rd party apps,[66] and Adobe Flash.[67] Windows Phone 7 supports upgradable storage via an SD Card; however SD card memory is merged with the phone's internal storage, and changing the SD card causes the phone to reset to factory settings.[68][69] Windows Phone 7 does not support connecting to Wi-Fi (wireless) access points which are hidden[70] or have a static IP address,[71] tethering to a computer[72] (although it can be done via a hack on the Samsung Focus[73]), videocalling,[74] VoIP calling,[75] USB mass-storage,[76] universal email inbox,[76] universal search,[76] a system-wide file manager,[74] Bluetooth file transfers,[74] USSD messages,[77] or custom ringtones.[78]"

(sorry about the footnote references, too lazy to delete so many...)

This makes WP/ very much inferior to Maemo/MeeGo IMHO and shows that it is but a smartphone OS, and not "Mobile Computing and Communications" as we know and like it here :D

Ha i love this. This really does speak volumes about MS. Think about the time, effort and money that they have been able to invest in this OS. A huge company like that, one capable of buying Nokia, is missing all these key elements in an OS that they no doubt hope will one day rule and will have an entire department focussed on doing just that. Its pretty poor.
Hell even if you compare WP7 to NITDroid, a bunch of guys who do things in their spare time, and really just for shits and giggles, and to prove that it can be done have gotten a further.

Good luck Nokia. You're gonna need it

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by chowdahhead (Post 946186)

yep, it was reported WP7 was in the 1 to 2M range last year, so assuming that Nokia will shoot for the star to produce about 15M handset of WP7, so at license fee of $10/phone, it will be $150M; but this is only part of the costs.

there is the up-front development/re-tooling/training and all that things that one has to do to work with a new platform

cheers,

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

nokia stock down another 5% today. so the announcment on friday has caused the stock to lose a whopping incredible 20%.. the smart money has gone.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by chowdahhead (Post 946186)

In return, over the long term, this may cost Nokia heavily. It's been confirmed that they'll be paying a license fee on each device they produce--it might not be the $15-$20 that other manufacturers pay, but it will deeply cut into their margins in comparison to what Symbian/Maemo/Meego offered them.

This is a subsidy, which other manufacturers have received also. It's not an injection of capital, Microsoft is paying for something specific in return. Part of that undoubtedly entails dumping open source.

Nokia+WP7 may increase their North American marketshare, but I don't know how this will appeal to Europe and Asia. It makes the tablet market completely market out of reach now.

I agree with you boss, but they claim thier costs for development for all the os's is very high. And although people keep saying "now meego is an intel project", and "symbian is being dropped"... thats not true. Nokia in the end still is working with all os's directly and thier development team is fully on board with these projects. it also presents a challenge for them since now theyre looking to bring up wm7 to the level that android and iOS are. This also means tweaks and changes for microsoft which certainly is a good thing.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

It's obvious Nokia sacrificed current OS's and developers for greater share of American market, all I can give you is following song.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by leetnoob (Post 946247)

nokia stock down another 5% today. so the announcment on friday has caused the stock to lose a whopping incredible 20%.. the smart money has gone.

I don't like a nearly 20% drop in just basically 48 hours; however expand your timeline and the numbers now are where they were just 6 months ago.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by Turbanato|2 (Post 946250)

I agree with you boss, but they claim thier costs for development for all the os's is very high.

I wonder if it was high enough to justify wiping 10 gigabucks (and counting, JPMorgan gave a target price of $7.00 a little while ago) off the vallue of the company since the burning platform memo though.

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Quote:

Originally Posted by gerbick (Post 946269)

I don't like a nearly 20% drop in just basically 48 hours; however expand your timeline and the numbers now are where they were just 6 months ago.

Gerbick, I know there is no way to get a straight answer from you what your point is, but maybe you can explain:

Nokia stock is on a downward trajectory since 2007
A new CEO is brought in, presumably to reverse the downward trend
Nokia shares gain slightly over the next few months (from about $8.50 to about $11.50, which is about plus 35% from worst to best)
CEO introduces his new strategy and stock is down 20% within 2 days (actually more than 25% if you include the drop in share price on Thursday right before the new strategy was revealed)

In the meantime, the tech heavy Nasdaq Composite index is up more than 25% within the last 6 months.

What did Nokia management do to increase shareholder value?
What did Elop do differently to comfort the markets?

If Microsoft is not the plague for Nokia, why does the market think that they have to cut 20% off Nokia's value within 2 trading days after announcement of the new strategy?

Is the market just wrong? Or is the market right and tells us "too little, too late, wrong direction"?

Re: Microsoft is the plague: Nokia stock drops 14% as 1,000 employees walk out

Forbes reports:

Quote:

But today shares of the Finnish mobile giant have dropped another 5% to $8.80 in New York this morning, after analysts at JPMorgan downgraded the stock to sell from buy, and gave it a price target of $7.00.

Quote:

Their concerns mainly center around a lack of specifics on the partnership’s terms and a timeline for future product releases