Nokia denies $19B Microsoft purchase, but rumored deal viewed as boon for Apple

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  • Reply 21 of 50
    quinneyquinney Posts: 2,528member
    Quote:
    Originally Posted by addabox View Post


    ...



    For Nokia's part it would be surprising for such a nationalistic, proud company to submit to acquisition by an American company, but then again I don't think most people expected them to adopt WP 7. And remember, they're now helmed by an ex-Microsoft guy, who brought in more ex-Microsoft guys to the corporate offices.



    Ballmer affectionately calls them walrus team 6.
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  • Reply 22 of 50
    bigdaddypbigdaddyp Posts: 811member
    Quote:
    Originally Posted by markv View Post






    That deal still bugs me.
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  • Reply 23 of 50
    brucepbrucep Posts: 2,823member
    Quote:
    Originally Posted by cvaldes1831 View Post


    what does an oil and gas company have to do with this discussion? Appl is the symbol for appell petroleum.



    Aapl is the symbol for apple inc.



    enron
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  • Reply 24 of 50
    bigdaddypbigdaddyp Posts: 811member
    Quote:
    Originally Posted by SpamSandwich View Post


    Just for a potential 10% gain? Surely, you jest. Both Nokia and Microsoft are dead in the water. In the end it will be a two horse race... Apple and Google.



    I used to think it would be a two horse race with Rimm being a distant third.

    But those co C.E.O dorks seeme determined to prove me wrong.
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  • Reply 25 of 50
    bettiebluebettieblue Posts: 294member
    Quote:
    Originally Posted by SockRolid View Post


    Microsoft doesn't need to blow all that cash buying Nokia. They're already Microsoft's hardware bitch.



    I agree. Also if they bought Nokia then HTC, Samsung, LG, Dell might not like it.



    They have Nokia and the others pushing their Phone OS already.



    Microsoft has a boat load of money in the bank, 50+ billion, and they have been sitting on it for a long time before the Skype deal. They should buy Twitter and Adobe with cash just to really heat things up.
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  • Reply 26 of 50
    prof. peabodyprof. peabody Posts: 2,860member
    Quote:
    Originally Posted by bettieblue View Post


    I agree. Also if they bought Nokia then HTC, Samsung, LG, Dell might not like it.



    They have Nokia and the others pushing their Phone OS already.



    Microsoft has a boat load of money in the bank, 50+ billion, and they have been sitting on it for a long time before the Skype deal. They should buy Twitter and Adobe with cash just to really heat things up.



    Since buying one of these companies is basically the kiss of death, I would leave Twitter out of it.



    But yes, by all means Microsoft, please buy Adobe and both bloated suites can go sailing off into the sunset on the sea of irrelevance, together.
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  • Reply 27 of 50
    bigpicsbigpics Posts: 1,397member
    Quote:
    Originally Posted by SpamSandwich View Post


    Just for a potential 10% gain? Surely, you jest. Both Nokia and Microsoft are dead in the water. In the end it will be a two horse race... Apple and Google.



    Doubt it. There's lots of space to play in and lots of players. Computers, OS's, serving, iDevices, "the living room," (i.e., what's plugged into or in the TV), smart phones, tablets, retailing music, video, movies, books, photography, "the Cloud" (services, backup, apps, computing environment integration), the enterprise (which yes, Apple has plans for) etc. and etc. And I don't any one, let alone two, companies is going to own them all.



    Don't overlook Amazon, for example, which seems to have "platform" aspirations of its own and has shown an ability to execute in multiple areas. And lots of one-click customer accounts (and which is a major Mac reseller). I'm also not totally writing off MS - there are healthy divisions and lots of smart people and legacy sales inertia and an enterprise operation - plus WP 7 (a la Mango) is not such a bad product at all. (But if the Win 8 "family - Windows 8, the two Win Tab 8 variants [full and iOS-like] and Win Phone 8 - isn't well-executed they will be caught in a long downdraft.)



    facebook and Samsung are also sprouting tendrils in all directions like kudzu taking over a lawn. And keep your eyes on China in particular and Asia in general. They're producing scientists and engineers at prolific rates, have plenty of capital and their cultures are capable of amazing feats when focused. Plus longshots like HP and (now much) longer shots like RIM. And then there's always that something out of left field.....
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  • Reply 28 of 50
    anantksundaramanantksundaram Posts: 20,421member
    Quote:
    Originally Posted by Blastdoor View Post


    ?...... flaming out with WP7 also involves losing tens of billions of dollars.



    How so? Unless you think sunk costs matter?
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  • Reply 29 of 50
    cameronjcameronj Posts: 2,357member
    Quote:
    Originally Posted by lkrupp View Post


    The Wall Street Casino strikes again. The House wins. (1)Put out the rumor, (2)short Nokia, watch it drop 10%, and snicker all the way to the bank. Happens all the time to Apple. Even Cramer admits it. Should be illegal but the proof is in the pudding.



    What proof? Do you have some proof that any of the above 2 things actually happened?
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  • Reply 30 of 50
    anantksundaramanantksundaram Posts: 20,421member
    Quote:
    Originally Posted by solipsism View Post


    ?....... the rumoured price isn't even close to reality. Just look at what MS paid for Skype.



    You're confusing two totally different types of assets.
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  • Reply 31 of 50
    cameronjcameronj Posts: 2,357member
    Quote:
    Originally Posted by anantksundaram View Post


    How so? Unless you think sunk costs matter?



    While sunk costs SHOULDNT matter to rational decision makers, corporate decision makers who want to keep their jobs are not always rational. Admitting a mistaken choice that will be costly is likely to hasten one's firing more than gritting it out for a few more years.
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  • Reply 32 of 50
    ameldrum1ameldrum1 Posts: 255member
    Quote:
    Originally Posted by solipsism View Post


    That's why I think it's not real. For some reason most people still see Apple and MS as the only two companies worth going toe-to-toe.



    Plus, with a current market cap of over $25B, revenue of $60B*, profits of $2.5B*, and total assests valued over $55B the rumoured price isn't even close to reality. Just look at what MS paid for Skype.



    * 2010 figures



    The suggestion is not that MS will acquire the entire company Solip. Rather that they will buy "part of a small phone vendor". Nokia is a conglomerate that produces more than just smartphones.
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  • Reply 33 of 50
    anantksundaramanantksundaram Posts: 20,421member
    Quote:
    Originally Posted by cameronj View Post


    While sunk costs SHOULDNT matter to rational decision makers, corporate decision makers who want to keep their jobs are not always rational. Admitting a mistaken choice that will be costly is likely to hasten one's firing more than gritting it out for a few more years.



    Point well taken.
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  • Reply 34 of 50
    nofeernofeer Posts: 2,427member
    Quote:
    Originally Posted by markv View Post






    or



    timewarner+aol



    worser
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  • Reply 35 of 50
    rhyderhyde Posts: 294member
    Quote:
    Originally Posted by anantksundaram View Post


    Point well taken.



    I wish I could get by ignoring sunk costs in my business. Yeah, I can ignore the fact that I've paid about $200,000 for a sound system and charge based on my direct costs, ignoring the money I've already spent on the equipment. However, at some point I'm going to have to sink *like* costs in the business again to replace said equipment. Best to make the money now, while I can, before I have to pony up those costs again.
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  • Reply 36 of 50
    richlrichl Posts: 2,213member
    Elop is fast becoming the most hated figure in Finland since Stalin.
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  • Reply 37 of 50
    solipsismsolipsism Posts: 25,726member
    Quote:
    Originally Posted by ameldrum1 View Post


    The suggestion is not that MS will acquire the entire company Solip. Rather that they will buy "part of a small phone vendor". Nokia is a conglomerate that produces more than just smartphones.



    Point taken.
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  • Reply 38 of 50
    sockrolidsockrolid Posts: 2,789member
    Quote:
    Originally Posted by bettieblue View Post


    [...] Microsoft has a boat load of money in the bank, 50+ billion, and they have been sitting on it for a long time before the Skype deal. They should buy Twitter and Adobe with cash just to really heat things up.



    That has been Microsoft's modus operandi. Buy a high-profile company either at its peak or just after it starts to decline. Then jam it into the Microsoft "product family," if you can call it that, like a frustrated toddler would try to jam a round peg into a square hole.



    The reason for buying companies for so much money ($4 billion too much for Skype, for example) is because neither Gates nor Ballmer has any vision beyond the bridge of their glasses. They can't see potential in any startup because they don't understand anything except Windows + Office on legacy PCs.



    So Microsoft can't cherry-pick small companies with enormous potential. When they're still cheap, low-profile, and malleable enough to be shaped into valuable, integrated components of the parent company's products. But no, instead, Microsoft pays the sucker price for mature tech companies who are tough negotiators, and who are too big and rigid to be molded into anything other than expensive bolt-on failures. Integration? Forget it.



    WebTV. Danger. Tried and failed to overpay for Yahoo. Succeeded with Skype.



    Why Skype? I'll bet you a dollar that Ballmer wants to put webcams into all PCs that come with Windows 8 pre-installed. (OK, maybe only the ones with Windows 8 Dual-Income No-Kids Family or Windows 8 Yuppie Bachelor editions or higher.) He'll claim that Windows 8's Skype will kill FaceTime. And the world will say "Yeah, whatever. Apple's had that for 3 years already."



    8.5 billion down the drain.
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  • Reply 39 of 50
    docno42docno42 Posts: 3,764member
    Quote:
    Originally Posted by Prof. Peabody View Post


    Since buying one of these companies is basically the kiss of death, I would leave Twitter out of it.



    I would love nothing more than for MS to buy twitter
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  • Reply 40 of 50
    jblongzjblongz Posts: 172member
    Quote:
    Originally Posted by AppleInsider View Post


    But Murtazin did have one high-profile miss recently, when he said in December that Apple would add a USB port to its second-generation iPad. The iPad 2 went on sale in March, but only features the standard 30-pin dock connector.



    That has to be the most retarded Apple rumor yet!
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