Exactly, and I've said this before so I'll say it again. He officially leaves 2 weeks after the announcement. Either it was a really, really bad argument or something is going on.
Plans change. I remember an interview involving Elop where he was asked if he would ever consider selling devices. He said, we would be crazy to sell, blah, blah, blah. Point is, he made it obvious that they would never sell devices. This interview was conducted while dealings were going on and shortly before the announcement of the acquisition. I tried looking for the interview the other day, but couldn't find it. Thumbs up to whomever can find it.
First off, I don't think we have the whole story. I think there's a strong possibility that there was an argument at some point; Mike wanted to spin it off, and Suri wanted to sell it. Mike was upset he didn't get his way and stepped down.
to get smacked upside the head,, or MAYBE watch the friggin AGM. Let me help you, step by step,, hold my hand now,,
Go to Youtube,
Search for "Rajeev Suri's speech at the Nokia Annual General Meeting 2014"
Fast forward to 20.13 where Suri will fill you in on the future of HERE.
I highly suggest you just watch the whole thing.Might bore some of you who want to make a quick buck.
Sentiment: Strong Buy
Hey Planet,, basically Yes, Nokia is still in the mobile device business.Almost Everybody that makes a mobile device is using Nokia's SEP's ,, Apple, Samsung, HTC,, oh, and let's not forget QualCom who is bypassing payments to Nokia as their term only applied to Qcom and does NOT carry over to whom ever uses the Qcom chips with Nokia's SEP's,, I think Qcom is going to come off some $$ for Nokia ;)
"Besides, the company expects to benefit largely from the mobile devices business as Nokia has shipped a large volume of products and the company is now utilizing its industry-leading intellectual property rights primarily to obtain favorable net licensing fees which benefited our cost of sales".
Trying to figure out the first part of this sentence. Is this author saying Nokia is still in mobile devices? Otherwise , I like the view points.
I'm liking the name , Haidamus, like Greek mythology stuff, yes!
HAIDAMUS! Call up your steeds and then we will perceive!
As I mentioned in my msg three months ago. Mike should be shame of himself, he is doing nothing. I am very happy that he steped down. I hope he was fired....
I left out the IBM portion of this article. You can bing the title to get the entire article. Below is the conclusion of the article.
Finally, it can be said that both Nokia and IBM are moving in the right direction to tap growth. The two companies are focusing on emerging technologies, which will improve their standing for the long run, making them smart investments.
August 22, 2014
Nokia's new businesses
HERE solutions has allowed Nokia to gain a competitive advantage against its peers as it is the industry leader in advanced telematics delivered through the cloud, which is critical as a building block for the next generation of location services; thus, it remains a strategic focus area for its customers. Second, unlike its main competitor, HERE has a very flexible business model that enables HERE to bring the benefits of location intelligence to multiple customers in multiple industries across different operating systems, platforms and screens.
Nokia’s growth opportunity gets even bigger as it has decided to make the right near-time investment to capture the longer-term transformational growth opportunities it sees. Nokia is also investing greatly in the technologies for smart connected cars, cloud-based services to personal mobility and a wide range of device types and location-based analytics for enterprises with utmost focus on R&D that should gear up its growth going forward. Nokia has already started leveraging automation in its map-creation process that should rally its R&D efficiency.
Besides, the company expects to benefit largely from the mobile devices business as Nokia has shipped a large volume of products and the company is now utilizing its industry-leading intellectual property rights primarily to obtain favorable net licensing fees which benefited our cost of sales. Its IPR licensing business also looks very strong with the recent collaboration agreement with HTC that is making payments to Nokia and helping to strengthen its licensing offerings through LTE patent portfolio.
In addition, the company has the option to expand its licensing efforts to cover customers in areas beyond its mobile devices. Nokia also expects to readjust its licensing offers in several ongoing talks and make continuous efforts to expand its reach to new companies who need licenses under its patents.
Back in around 2011 Becky Quick had Willbur Ross interview and he put 4B in bank of Ireland ire.
it was 4 bucks then..appl fly's my friend there with secret stuff for manfacture there, meets at airport,
secret handshake, turn around rite there next flight back..yep
Thanks. At least Nokia is now the top base station manufacturer in Japan with a little over 1/3 of the market. You have to think that the aging keiretsus are looking for novel ways to rejuvenate themselves especially in wireless since everything is going wireless. I still remember the 90s when an up and coming Nokia was often mistaken for being a Japanese company because of its name.