Search This Blog

Thursday, July 21, 2011

Hammer

Tomi Ahonen drops an absolute box of hammers on Nokia's move to Windows Mobile. He is certainly right that it looked like they were onto something with the N9 and MeeGo and you can't argue with the really bad financials.

But they needed some kind of shakeup. Symbian was dragging them down and they had to get away from it. The Microsoft move was bold but they really might not make it through to the other side. They really couldn't go to Android.

At $6 USD per share, they have a valuation of $11.7B USD. Microsoft just ponied up $8.5B for Skype. Can they swallow another one?

No comments: