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Technology Stocks : Smartphones: Symbian, Microsoft, RIM, Apple, and Others -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (1404)	7/4/2012 5:06:05 PM
From: Cogito	1 Recommendation Respond to of 1647

Armchair Quarterbacking: Jean-Louis Gassée Speaks out about Elop and the Nokia Board ... Whatever his motivations, I find it hard to disagree with anything Gassée says about Nokia, Elop, and the very serious tactical mistakes that have been made. I can understand why the Nokia board thought that going with Android would mean that the company would lose control of its own destiny. However, it's hard to understand why they thought partnering with Microsoft wouldn't have the same effect. Microsoft hasn't helped Nokia at all, and their bait-and-switch with Windows Phone 7 and 8 has only caused more damage. The Lumia 900 was already suffering from disappointing sales, and this will, most likely, effectively kill it. So now Nokia has to wait until Windows Phone 8 is released before they can even begin to attempt to claw back all the market share they have lost in the past 18 months, together with 80% of the company's market cap, a lot of their cash reserves, and a huge chunk of their workforce. At this point, Nokia's best chance at righting their corporate ship is to produce a Windows 8 phone with the PureView camera in it, and to do so as soon as the operating system is released. That would really be something that would make the market sit up and pay attention. I don't know if they can do that, but I can only assume that they're working on it.