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You are here: MacNN Forums > Hardware - Troubleshooting and Discussion > Consumer Hardware & Components > Nokia implodes to Junk status, bye-bye Lumia

Nokia implodes to Junk status, bye-bye Lumia
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amazing
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Jun 16, 2012, 04:21 PM
 
The crucial phrase: dominant mobile platform lost 90% of value in 5 years, Moody's downgrades to Junk status.

"The iPhone happened."

Beleaguered Nokia implodes, taking Microsoft’s mobile dreams down with it – MacDailyNews - Welcome Home

Moody’s slashes beleaguered Nokia to ‘junk’ – MacDailyNews - Welcome Home
     
Spheric Harlot
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Jun 16, 2012, 04:48 PM
 
They're backed by MS. They won't go bye-bye just yet.

My guess is Microsoft will buy them when they're worthless.
     
turtle777
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Jun 16, 2012, 05:43 PM
 
It's dead, Jim.

-t
     
angelmb
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Jun 17, 2012, 04:02 AM
 
     
amazing  (op)
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Jun 17, 2012, 06:46 PM
 
I'm tempted to call if the "Microsoft Kiss of Death!"

Anytime MS dreams of having a successful external device, they seem tempted to go out and buy something, or lure some company into a partnership--and all these efforts seemed doomed to failure.

Gross oversimplification, naturally, given the Xbox...
     
P
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Jun 18, 2012, 02:28 AM
 
Nokia was in free fall before they decided to focus on Windows Phone. It was only their tight situation that made them look outside for an OS again, after all their backstabbing to bring Symbian in-house, and apparently it was fears from carriers that Android would be too dominating that was a big art of what made them go to MS.
The new Mac Pro has up to 30 MB of cache inside the processor itself. That's more than the HD in my first Mac. Somehow I'm still running out of space.
     
Waragainstsleep
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Jun 18, 2012, 06:48 AM
 
Originally Posted by Spheric Harlot View Post
They're backed by MS. They won't go bye-bye just yet.

My guess is Microsoft will buy them when they're worthless.
They'll have a fight on their hands, plus they'll never be worthless while they hold all those patents. They could always revert to a troll business model in a pinch.
I have plenty of more important things to do, if only I could bring myself to do them....
     
Stogieman
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Jun 18, 2012, 01:13 PM
 
Originally Posted by Spheric Harlot View Post
They're backed by MS. They won't go bye-bye just yet.

My guess is Microsoft will buy them when they're worthless.
You're right, it is going to be a slow death. Like Palm.

Slick shoes?! Are you crazy?!
     
amazing  (op)
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Jun 20, 2012, 05:32 PM
 
Originally Posted by P View Post
Nokia was in free fall before they decided to focus on Windows Phone. It was only their tight situation that made them look outside for an OS again, after all their backstabbing to bring Symbian in-house, and apparently it was fears from carriers that Android would be too dominating that was a big art of what made them go to MS.
Nokia was in free fall because of the introduction of the iPhone. This is the iPhone's fifth anniversary, and the iPhone introduction changed the shape of the world.

Before the iPhone, the world was flat; after the iPhone, the world was 3-dimensional.

And Nokia couldn't keep up--along with many others.
     
amazing  (op)
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Jun 21, 2012, 05:07 PM
 
And here's the next bad news for Nokia, courtesy of their wonderful partner, Microsoft:

Lumia 900 (aka yet another iPhone killer) won't run Windows 8, can't be upgraded to Windows 8. Apps written for Windows 8 won't run on the Lumia 900. It will receive some features under Windows 7.8.

Microsoft Reveals Windows Phone 8, Announces Phone 7 Users Can't Upgrade
     
   
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