Microsoft gets $7.6 billion wakeup call from Nokia

July 8, 2015

The U.S. software goliath is writing off most of what it paid for the Finnish business in 2014. Microsoft’s M&A-related writedowns tally $14 bln over the past three years. CEO Satya Nadella, who has already splurged on Minecraft and eyed Salesforce, should be taking the hint.

Nokia’s new CEO fluffs his big moment

February 11, 2011

Nokia's new chief executive Stephen Elop has tied the fate of the Finnish handset maker to Microsoft, in a strategic partnership designed to regain ground in smartphones amid brutal competition from Apple and Google. But Elop's hotly anticipated strategic overhaul falls short by several measures.

What Nokia needs to do in 2013

January 18, 2013

Shares in the ailing handset maker have bounced, but the market is rightly wary. CEO Stephen Elop must now take sales of the flagship Lumia smartphone to another level. His strategy for cheaper phones needs a rethink. And floating NSN, the network-equipment unit, would help too.

Nokia gets options with cheap NSN buyout

July 1, 2013

The Finnish mobile-phone maker is buying Siemens out of their equipment joint venture for a bargain 1.7 bln euros. Nokia could later float or sell NSN at a better price. Meanwhile, owning all of this restructured, profitable unit shores up Nokia as it struggles in smartphones.

Apple takes another bite out of Nokia

June 16, 2010

Apple has taken another bite out of Nokia. As customers stampeded for the new iPhone, the Finnish cellphone giant warned of disappointing sales and operating margins. It lost another 9.7 percent, or about $3.5 billion, of its market capitalization on Wednesday. Nokia is increasingly at risk of becoming just a commoditized, low-margin manufacturer.

Nokia maps out defense in smartphone battle

January 21, 2010

Nokia is mapping out its defence in the battle for smartphone supremacy.

Put BlackBerry on hold – but not for long

September 25, 2009

BlackBerry-maker Research In Motion is a victim of its own success. Having dominated the market for corporate e-mail devices for years, it is being forced to seek out growth in consumer markets, where, so far, it has had trouble differentiating its products.