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Nokia CEO Stephen Elop.  (Source: WPCentral.com)

Newly appointed President of Nokia Inc. (US), Chris Weber.
Microsoft to pay out billions in blockbuster deal with Nokia

While the blockbuster deal that's amped to put Windows Phone 7 on all Nokia smartphones --essentially phasing out Symbian and making WP7 the world's second-most popular mobile OS in its place -- is supposed to benefit both parties involved, it has thus far been met with mixed reaction. 

The day the deal was announced Nokia's shares dropped 14 percent, and a number of employees -- many on the beleaguered Symbian side -- used the company's flextime program to go home early.

Then, at the Mobile World Congress event in Barcelona over the past weekend, Nokia CEO Stephen Elop was forced to go on the defensive, Business Insider reports, after an audience member asked if he was a Trojan horse. 

"The obvious answer is no," Elop replied. "We made sure that the entire management team was involved in the process, and of course the board of directors of Nokia are the only ones that can make this significant of a decision about Nokia. They made that final decision on Thursday night."

The question was an obvious reference to Elop's past at Microsoft, where he was an executive for two years before taking the top spot at Nokia. To some, it may seem a little strange that Nokia would make such a partnership with Microsoft, particularly after its 10-year investment into Symbian. 

Elop also had to defend his shares of Microsoft stock, which Business Insider reports to be approximately 130,000 shares worth nearly $3.18 million.

Conspiracy theorists received additional ammunition Friday, when Nokia announced Chris Weber as its new president of Nokia Inc. (US) and head of the North American market after current president, Mark Louison, "decided to leave Nokia and pursue new career opportunities." Weber spent 16 years at Microsoft, where he held executive positions as high as corporate vice president.

While solid details of the agreement between the two companies have not been released, news surfaced over the weekend that sheds light on just how big the deal is. According to Computer Worldwhile showing a slide that portrayed Microsoft's investments flowing in Nokia's direction, Elop said, "the value transferred to Nokia is measured in Bs not Ms." Meaning, Microsoft pay-out to Nokia in the deal would be in the billions, not millions, of dollars. No additional details were given, like over how many years the investments would take place.

We also learned that Google was actively pursuing Nokia in what could have been a similar deal, but Microsoft won out, according to Elop. "If you combine the current market share of Android with the market share that Nokia could deliver to Android over the next couple of years, it’s a very large number. One could believe the mobile industry thereafter would be some form of duopoly," Elop said. The decision to go with Microsoft over Google was made to change the dynamic and make it "a three-horse race," as Elop said. Presumably, the multi-billion-dollar investment doesn't hurt, either.

As for availability, a top executive told Computer World that the first WP7-powered Nokia's will be available this year.



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RE: Symbian wasnt cutting it.
By Mitch101 on 2/14/2011 9:28:27 AM , Rating: 2
BTW I found some people people with Palm Pre devices apparently the state in Charlotte NC bought some for their staff. They all hate them with a passion. Which explains why I never encountered anyone with a Palm Pre prior.

It also explains why they sold some devices. Must be someone who was overly attached to his Palm 3/Palm 5 in a purchasing power position who made the choice to get Palm Pre's without determining what was best.


RE: Symbian wasnt cutting it.
By Lonyo on 2/14/2011 9:44:31 AM , Rating: 2
If you read Anandtech, you would know they look very favourably upon WebOS, and see a lot of potential. The actual execution of first gen devices is not so good though, but they aren't (presumably) the worst thing in the world, they have received some praise, and the OS was deemed worthy of a look by HP since they bought Palm for it.


RE: Symbian wasnt cutting it.
By Mitch101 on 2/14/2011 10:11:27 AM , Rating: 3
I went by word of mouth on someone who is forced to use one on a daily basis for their job not someone who had one for a few hours/days to write an initial impression on.

Reviews fail to deliver long term satisfaction. When you start to discover the devices limitation/design flaws and how solid the device/software is you didn't initially discover in the first few moments you had the device.

Its why you never take the sales pitch or review about a device as final gospel and their capability you talk to others who have implemented the software and the issues and limitation they have discovered over time. Its why McCaffee can test high on Anti-Virus software but once you use the software, deal with virus definition/engine updates, deal with their TAMS that you realize the software and company lacks a lot of quality and professionalism. Same with hard drives right now Segate has 1.5tb and 2tb hard drives reviews are great but they have a very high failure rate several months down the road.

Initially reviews might look good but long term exposure is a review I look for and they say the Palm Pre is horrendous.


RE: Symbian wasnt cutting it.
By Da W on 2/14/2011 10:55:49 AM , Rating: 3
Windows phone begins to be annoying when you have 40+ apps. It also needs custom skins to have a beautiful home screen. Almost no apps uses live tiles, and the home page with big squares boxes can be annoying after a while.
I would like better hardware too. Except for HTC surround (which is a Nexus One with a speaker), OEMs didn't push their best effort for the device. There is no new hardware announcement for WP7 while we got a Tegra 2 fucking 3D device on android.
Why do i have to use the camera button to take a picture and not tap on the screen?
Apps loading is slow as hell. And there are a bunch of popular apps, but as far as local apps go (read french-canadian apps) it's still all iPhone country and there won't be WP7 until we see VOLUME.

All that to say, i love my phone, best music device on the planet and very usable in portrait mode using only your thumb. But there is still a long road ahead. We need volume! We need support for other SoCs. We need updates that will bring more than copy and paste.


RE: Symbian wasnt cutting it.
By noirsoft on 2/15/2011 2:52:08 AM , Rating: 3
quote:
Why do i have to use the camera button to take a picture and not tap on the screen?


Because it's impossible to tap on the screen and not move the phone, thus changing your shot? Because it's simply better to use the button so that you get the shot you actually want? Because anyone who uses a camera knows what to do?


RE: Symbian wasnt cutting it.
By JHBoricua on 2/14/2011 11:13:22 AM , Rating: 2
They probably don't like them because of the lack of apps compared to the iPhone and android. But then again, as you stated, they were bought for work and as such WebOS is more than capable. Me thinks they are just a whinny bunch.

I owned a Pre since launch time and IMHO it has the best mobile experience compared to the iPhone and Android. Multitasking on WebOS is a thing of beauty that I've yet to see on IOS or Android. What it lacked was the apps and Palm did a horrible job in that department. I currently own an Optimus LG because I got tired of waiting for a new WebOS device and, while I like the apps available in the Android ecosystem, Android is WAY behind in the user experience side of things. I won't be buying the new webOS devices this year either as I want to see how HP executes, but if they get their stuff together, switching back to a WebOS device will be a no brainer for me.


RE: Symbian wasnt cutting it.
By jvillaro on 2/14/2011 10:14:27 PM , Rating: 2
Anandtech also liked WP7 very much and of coarse noted what its lacking, but overall they liked it


RE: Symbian wasnt cutting it.
By michael67 on 2/15/2011 4:07:03 AM , Rating: 2
I actually also like WP7, same as i do my Android Desire, what i really don't like is the connection both companies have whit advertising companies and the impact it can have on my privacy.

I was really setting my hopes on MeeGo as it was more developed by hardware companies, then companies whit ties whit the advertising world.

Because sorry to say i don't trust those basters at all, I see my phone the same way as a diary, as it has intimate moments of my life stored on them.
And whit location tagging and faster 4G, the line between what i consider privet, and what they consider privet and they can get, is getting thinner by the day.

because no one has the right to see ore has access my privet moments of MY LIFE.


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