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Devices/smartphones

Nokia Poll Update: Farewell Independence?

With more than 250 readers having voted, the overwhelming view of Nokia Corp. (NYSE: NOK) is that the company will struggle to retain its independence come 2014.

Following the Finnish firm's restructuring announcement, we launched a poll on June 14 to see what you thought Nokia's future held. (See Light Reading Poll: What Will Nokia Be in 2014? and Nokia Cuts 10,000 Jobs, Restructures.)

On June 15 we ran some early results, which showed that a merger with Microsoft Corp. (Nasdaq: MSFT) was the most expected outcome for the handset giant.

Now, with more than 250 votes cast, the results show little change, though the percentage of voters who believe Nokia has an independent future has crept up to 23 percent (compared with 20 percent on June 15), while those that believe Nokia will cease to exist has dipped to 19 percent from 23 percent.

A merger with Microsoft is clearly still seen as the most likely outcome.



— Ray Le Maistre, International Managing Editor, Light Reading

joset01 12/5/2012 | 5:29:55 PM
re: Nokia Poll Update: Farewell Independence?

Does that make a Nokia takeover more likely?

digits 12/5/2012 | 5:29:54 PM
re: Nokia Poll Update: Farewell Independence?

For those who believe in fate... Microsoft now owns Skype and has unveiled its own tablet just as Nokia looks like it's struggling to stay above water.


But as a previous message board poster has noted - would the Finish government stand by and watch Nokia, arguably the lynchpin of the national economy, be acquired by an overseas firm?


But you could have said the same about Nortel and Canada... 

sarahthomas1011 12/5/2012 | 5:29:54 PM
re: Nokia Poll Update: Farewell Independence?

Nokia doesn't have a tablet strategy yet either, so it could certainly be good for it, but maybe less necessary for Microsoft.

krishanguru143 12/5/2012 | 5:29:51 PM
re: Nokia Poll Update: Farewell Independence?



I still think that there would be a very long drawn out process that would involve a lot of investigations.  The main guy that runs the business has financial ties to Microsoft.  Why didn’t Microsoft object when one of the members of the senior leadership board went to a competitor?  Surely Elop know about the plans of WP7 and here he is going to Nokia that could use that information.  Microsoft didn’t object at all.  Shareholders would also be filing lawsuits as clearly the guy in charge has run the company into the ground and let his former employer he has financial ties to buy Nokia at a fraction of the price they once were.  After Microsoft would acquire Nokia he would still have a leadership position within Microsoft.  Nokia also gave him a signing bonus and lost pay because he left Microsoft.  He has lost nothing and will only gain by Microsoft buying Nokia and everyone else will lose.

The Finish government could nationalize Nokia far easier than it would be for Microsoft to buy it.

Technically Nokia did have a tablet strategy; MeeGo.  It was designed for many purposes and it could run on a tablet with virtually no changes to it.  Elop has been swinging the axe and cut everything to the point that Nokia has no future without Microsoft.  It is quite clear he is loyal to Microsoft and not Nokia and the shareholders.




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