Re:Nokia Chief Elop Is Top Gambling Pick to Be Next Microsof...
by freehunter on Thursday August 29, 2013 @09:12AM
(#6295590)
If I was on a sinking ship that suddenly began to rise when a new captain took the helm, I would consider the captain to be doing a pretty decent job.
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Re:Nokia Chief Elop Is Top Gambling Pick to Be Next Microsof...
by imron on Thursday August 29, 2013 @09:26AM
(#6295657)
First sentence of the article:
"...Chief Executive Officer Stephen Elop, who has presided over a 62 percent decline in market value..."
Re:Nokia Chief Elop Is Top Gambling Pick to Be Next Microsof...
by hga on Thursday August 29, 2013 @09:23AM
(#6295645)
See my other comment in this subthread: it rose a bit, then sunk a whole lot. That it's up from its nadir $1.71 a bit more than a year ago is cold comfort when it was doing around $9 3 years ago summer through spring 2011.
Re:Nokia Chief Elop Is Top Gambling Pick to Be Next Microsof...
by jsight on Thursday August 29, 2013 @09:56AM
(#6295827)
Nokia is like a ship with a hole in it, and Elop's job is to get it pointed in the right direction.
Except he hasn't. He's just bailed water a little faster, and slightly reduced the sink rate.
I give them credit for doing something daring and different (betting on Windows when they knew noone else would). It was a big gamble, though, and at least so far, it hasn't paid off. Android would have been a far safer bet in the short-term at the very least.