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#2359
Originally Posted by danramos View Post
How's that stock looking these days? I hear Microsoft is selling the last remnants of what it bought from Nokia. Well, there goes the final remnants of Nokia's old phone business after Stephen Elop performed an expert job of driving that company into the ground for Microsoft (his old employer) to buy it up cheap, only to eventually figure out he did far too good a job of devaluing it right into the ground. I dub this the final act of what I like to call the "Elop Flop."
$NOK is 5.36 right now. And let's be honest, the feature phone business was not a good revenue for income for Microsoft - who's stock has been jumping by leaps and bounds as of late.

Elop did what Ballmer wanted; not what Nadella needs for his future view of Microsoft.

And with a global presence of less than 1%, they've now become as forgotten as BlackBerry. Microsoft has already written off $7.2 Billion around the Nokia purchase.

It just hit me... holy crap, a danramos sighting...