Nokia - Elop effect. Long but good read

Discussion in 'Alternatives to iOS and iOS Devices' started by KnightWRX, Oct 13, 2012.

  1. macrumors Pentium

    KnightWRX

    Joined:
    Jan 28, 2009
    Location:
    Quebec, Canada
    #1
    A thorough analysis of market data vs Nokia earnings at 3 stages : Before Elop, after Elop and after Elop sold out to Microsoft :

    http://communities-dominate.blogs.c...-failed-why-nokia-must-fire-ceo-elop-now.html

    Cliff notes :

    [​IMG]

    Ouch. Was fun to read though. I for one definately wanted a N900 back in the days and couldn't wait for the MeeGo stuff to surface and finally bring the old Maemo platform to the forefront.
     
  2. macrumors 604

    thejadedmonkey

    Joined:
    May 28, 2005
    Location:
    Pa
    #2
    wow. That's a long read, but very informative. I had no idea Elop did so much damage to Nokia.
     
  3. thread starter macrumors Pentium

    KnightWRX

    Joined:
    Jan 28, 2009
    Location:
    Quebec, Canada
    #3
    And the sad part is, it all came after he did a lot of good. He basically had cleaned up Nokia and had gotten them on the path of recovery by January 2011. Growth, profits, revenues, everything was falling into place, Symbian 3 was about to ship, MeeGo was the future.

    Everyone that had predicted him to be a Microsoft plant leading to an acquisition were left wondering if he wasn't really there to solidify Nokia's lead. Then the "burning platforms memo" comes out and everyone leaves the sinking ship. He basically proved everyone that were predicted him to be there to sell Nokia to Microsoft right in that single moment.

    That's what is truly sad about it. Nokia used to be the pride of the Finnish people.
     
  4. macrumors 604

    thejadedmonkey

    Joined:
    May 28, 2005
    Location:
    Pa
    #4
    I've been thinking about the article for a little while, I think the worst part is, in America, Nokia just... wasn't. They weren't good, or bad, they just sorta dropped off of the tech radar.

    Then when Elop posted his infamous letter, it basically told the American tech media "Nokia is failing". They went from unknown to bad, and that's never good.
     

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