Re: Microsoft buying Nokia's devices & services
Quote:
Originally Posted by Leinad
(Post 1372515)
.... and after them Microsoft will be next and Apple will follow soon.
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I'm not sure about that. If anything, it seems like MS is the cockroach of tech world that simply survives, while others rise and go down again. Money wise it will be a LONG time before MS would be in any kind of trouble. Nokia had plenty of net cash in 2008, but that's nothing compared to $68bn cash reserves of MS. It grew that reserve with 5bn just from the past 6 months.
That said I agree with the point. I can almost guarantee that Apple for example wont be in the great position it is now in 7 years time. Google is the company at the moment, but they have been rubbish at monetizing Android and cost of Android is likely going up.
In a weird way I'm kind of happy that Nokia is financially fine at the moment and the constant trouble of the company melting away is over. Just 17 years ago Nokia was not know about phones, over 40 years ago the company was really not knows about tech in general and the company it was 100 years ago had nothing to do with the company it is today. Only resemblance in the past over 100 years with the brand has been that it has multiple crisis, shed its non profitable parts countless of times and done something different.
Quote:
Originally Posted by daperl
(Post 1372512)
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That's just depressing read for somebody who grew up with Nintendo consoles.
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