Proof that you're using a poorly crafted fr3nchie alias! The real fr3nchmodel would never post something this stupid. Anybody remember the last time Facebook was going to be the savior of Nokia? The pumptard rumor favorite was that Facebook wanted to buy Nokia to produce their own "Facebook phone." Bwahahahaha!!
I'm tellin' the REAL fr3nchie on you!!
It's not Suri. It's the Board of Directors that call the shots, and they've called some questionable ones. Another part of the equation is the overall industry trend. What network infrastructure company is flying high right now?
If Nokia sells Here Maps for $4 Billion, they take a $4 Billion loss and get to write that off. Now that they're actually making a profit they can use the write off. And $4 Billion in cash plus the write off might be worth *maybe* getting more for Here at some hazy future date. What's the value of $4 Billion + a write off right now vs an unknown amount years in the future?
In Silicone Valley there is a new expression for something that's really really bad: "Apple Maps Bad." I know Apple likes to talk about how they push the envelope but I don't think that is what Tim Cook & Company had in mind.
Yes, exactly. Things change. What was supposed to be "The Next Big Thing" back then could be passé today. New technologies supplant old ones. Some new technologies die on the vie as other new technologies make them superfluous. Things just plain change. The business climate changes minute to minute. In other words, siht happens.
The wild card in that scenario is political pressure by China. In a perfect world, economic pressure would force a company like ZTE to modify their behavior. But with all of China as a market in the balance I don't see many countries taking a hard stance against ZTE. Not if they want to sell their energy/consumer goods/wheat/etc over there.
I think when a company like Apple reaches a "critical mass" of cool with consumers they can coast for as long as a decade. Apple's customer base loyalty is such a phenomenon they study it at Wharton.
The ONLY bid we have seen so far is $3 Billion. Everything else is rampant speculation and guesswork.
Just because Nokia overpaid dramatically for Navteq it doesn't mean its worth that amount. Sprint paid $33 Billion for Nextel. And guess what? A couple short years later Sprint WROTE IT ALL OFF. Here Maps might one day be worth $8 Billion. But not right now. How long do you wait for the valuation to get back to the original purchase price?
After Nokia's last quarter I don't think shorts are particularly worried. Certainly not because of the "disappointing" bidding so far. Bidders aren't exactly tripping over each other to snap up Here.
Looks like Microsoft only wants a minority stake. Maybe that's a defensive move - negative control - to ensur Bing Maps can continue to use Here data. Why buy the whole cow when they can get the mild for cheap?
The only bid we have seen so far is Uber, at only $3 Billion. Nobody is going to jump up to $9 Billion just like that.
I was certain Apple was trying to augment/fix Apple Maps from within, and that there was no way they'd buy Here Maps from Nokia. But if they're still buying companies, maybe they will buy Here after all. Why not? Apple has a metic arseload of cash and they're apparently still willing to part with some of it.
First a Frenchie alias, then an Urban Phantom alias. The only thing you haven't done (yet) is respond to yourself with both your aliases in one discussion. So sad.