Nokia Shareholders Approve Sale To Microsoft 182
mrspoonsi writes "Nokia shareholders met today at an extraordinary general meeting (EGM) to vote on whether or not to accept the terms of the company's proposed sale of its devices and services business to Microsoft. The deal, which was first announced in September, is worth €5.44bn EUR ($7.35bn USD / £4.57bn GBP), and also includes provisions for Microsoft to license patents from the Finnish company. 78% of those eligible to vote had already voted before the EGM. Of those early votes, a staggering 99% had voted in favour of the sale to Microsoft."
Increasingly irrelevant tech dinosaur.. (Score:5, Funny)
.. buys other increasingly irrelevant tech dinosaur for lots of money.
News at 11
Re:Increasingly irrelevant tech dinosaur.. (Score:4, Insightful)
Re:Increasingly irrelevant tech dinosaur.. (Score:4, Funny)
Slashdogma tenant 4: if the OS isn't Linux, it's irrelevant. (some consider OSX relevant because it has the same command line syntax)
Tenant 5 is similar, that if you can't git something, it might as well not exist (yes, this does even mean svn is ignored)
Re:Increasingly irrelevant tech dinosaur.. (Score:5, Funny)
Tenant - a person who occupies land or property rented from a landlord.
Tenet - a principle or belief, esp. one of the main principles of a religion or philosophy.
Pedant - left as an excercise for the reader.
(It is 100% sure that this post contains an gramatical, spelling or numerical error).
Re:Increasingly irrelevant tech dinosaur.. (Score:4, Funny)
Tenant - a person who occupies land or property rented from a landlord.
Tenet - a principle or belief, esp. one of the main principles of a religion or philosophy.
Pedant - left as an excercise for the reader.
(It is 100% sure that this post contains an gramatical, spelling or numerical error).
Tennant - The Doctor
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Tennents - Strong but rather horrid tasting beer.
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The others don't count because nobody drinks them for the reasons already given.
Do you know how many extra hours you have to spend begging to be able to afford Carlsberg Special Brew?
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Desktops/laptops are not 100% of the world's computers!
Re:Increasingly irrelevant tech dinosaur.. (Score:5, Informative)
Fuck, these days they probably aren't even 50%
250 million smartphones sold in Q3 2013.
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If you start counting embedded things as 'computers', traditional 'computers' must fall to a few percent.
Think of it... at least one in each car, often several. Most every modern TV, router, etc.
With narrower scope, most appliances really... though the microcontrollers are often doing pretty lame tasks that were previously done with (electro)mechanical trickery. The electronic replacement now has more efficiency and features, and (generally, but certainly not always - implementation is important!) is more r
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If you start counting embedded things as 'computers', traditional 'computers' must fall to a few percent.
The same thing was said when "microcomputers" started being called "computers" rather than real computers, ie "mainframes".
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Desktops/laptops are not 100% of the world's computers!
Until an anti-trust lawsuit comes along.
Re:Increasingly irrelevant tech dinosaur.. (Score:5, Insightful)
Consider the things that most computer users do. Now consider the devices that they can do (and do do.. ho ho) these things on. Smartphones, tablets, consoles, internet enabled TVs, and everything else that you can now use for things like Facebook, Netflix, editing documents, etc. You have now noticed that their market relevance is nowhere near 95%. And it's falling.
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I consider it this way. My Smartphone has more power and RAM and runs more apps than my "High end" desktop PC from 13 years ago (Circa 2000), and in some ways has better features than the PC from 13 years ago. It isn't a "full desktop" so what, it is a computer!!
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It isn't a "full desktop" so what, it is a computer!!
Really? Ok:
The form factor counts for a lot. Big numbers alone don't enable me to type up my dissertation: for that, I need a full-size keyboard and a full-size monitor. Your smart-phone provides neither.
There's still a place for 'full desktops', and there will be for the foreseeable future.
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The form factor counts for a lot. Big numbers alone don't enable me to type up my dissertation: for that, I need a full-size keyboard and a full-size monitor. Your smart-phone provides neither.
In most cases, neither your full-size keyboard nor your full-size monitor run Windows.
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Do you actually have a point, or are you just enjoying pedantry?
In case the intent of my message somehow wasn't obvious to you: A full-size keyboard and full-size monitor are necessary, but not sufficient.
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About a decade and a half ago, I thought of how the future of computing might be and I envisioned people walking around with portable computer storage pods (think hard drives in a case) that would be plugged into "computer shells" via special slots. This would turn the shell into the user's customized computer with all of their applications and preferences.
Nowadays, we have smartphones and tablets that are just as portable as those "pods" I thought of so long ago and much more powerful. Add a bluetooth ke
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Nowadays, we have smartphones and tablets that are just as portable as those "pods" I thought of so long ago and much more powerful. Add a bluetooth keyboard and mouse as well as a monitor (via a HDMI Out port) and you could turn your smartphone/tablet into a full fledged keyboard that would rival any desktop computer from 2000.
So why don't people do that?
I think a large part of it is software. Android was simply not designed as a desktop OS. It was designed for devices with small touchscreens and it shows both in the interface of the OS itself (no multiwindow for example) and in the design of applications untended to run on it. MS went to all the effort of porting windows to arm but then refused to let people actually run third party desktop apps on the thing*.
The surface pro line has promise if MS can shed the stigma the surface
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I don't know about your smartphone, but mine comes with MHL and Bluetooth keyboard support (I was going to say USB-OTG, but I think if you're using the MHL port, you can't use USB at the same time since they share the same physical plug).
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I have a smartphone, but it's an appliance, like my smart TV. I have a box with a keyboard, mouse and monitor at home that I use to write and run general purpose software, and it's not a smartphone. It also has a Hell of a lot more power than the appliances (imaging ripping and converting a bluray with a smartphone - it's possible, and I'm sure someone's done it, but someone was very patient).
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My first android phone (G1 - 2008 ) had better specs than the beast of a computer I built in 1998) for 1/10th the price!
1998 - Pentium II 300 PC w/ Hitachi 17" monitor $5500
MIPS: 380
Ram: 128 MB
Storage: 6GB SCSI drive + 1GB Jaz drive
Screen: 1600 x 1200 24 bit color
Networking: Ethernet + 56k modem
Other Accessories: Cheapo microphone
Other Benefits: Upgradeable. Built in anti-theft (heavy as hell).
2008 - G1 $480 + $20 (SD card)
MIPS: 630
RAM: 192 MB
Storage: 192 MB + SD (8GB)
Screen: 320 x 480 16 bit color (onl
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Who sells them those consoles? Microsoft.
Microsoft is still the reference for office stuff and games, and there is really no way around it.
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Hahaha.. yeah they sell a console, sure.
Microsoft is still one of the main office players yes. There have been ways around that for quite a while, and there continue to be more ways around it.
The reference for games, though..? What are you smoking?
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The xbox 360 was clearly the winner of the previous generation.
The wii did get a lot of sales, but it was from casual people and not more regular and serious game consumers.
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Clearly by what metric? The PS3 also outsold the 360 eventually. The Wii kicked both their asses in terms of pushing units. Xbox and PS3 are about the same in terms of games and all the "exclusive" BS.
Don't all Xbox "exclusives" also come out for Windows after a while? It seems kind of redundant to have one IMO. Whereas some of my favourite games ever have been PC or PS3 only..
After more than six years of playing catch up, lifetime PlayStation 3 sales have passed lifetime Xbox 360 sales to become the second bestselling home console for the seventh generation. According to VGChartz latest sales data the PlayStation 3 has sold 77,313,472 units to date, while the Xbox 360 has sold 77,311,669 units.
The PlayStation 3 first launched on November 11, 2006, nearly one year after the Xbox 360, which launched on November 22, 2005.
The gap was just over five million units when the PlayStation 3 launched, but it grew to more than eight million units as the PlayStation 3 struggled to take off when it first launched. However, after the first console redesign, price cuts and major software releases the PlayStation 3 started outselling the Xbox 360 on a weekly basis.
In 2010, the PlayStation 3 managed to catch up by 600,000 units and in 2011 by nearly 900,000 units. In 2012, the PlayStation 3 sold 12.73 million units, while the Xbox 360 managed to sell 11.10 million units. In just the first five months of 2013 the PlayStation 3 has outsold the Xbox 360 by one million units.
The Wii, the bestselling home console for the seventh generation, is 22.35 million units ahead of the PlayStation 3 and Xbox 360. However, the PlayStation 3 has caught up by 2.50 million units in just five months.
http://www.vgchartz.com/article/250980/playstation-3-lifetime-sales-overtakes-the-xbox-360/ [vgchartz.com]
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PC-like games go to xbox 360. PS3 has mostly japanese console-only games, which are not a replacement for a PC.
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They're not a replacement exactly, but it does make the 360 irrelevant IMO. I had all 3 consoles plus a decent PC in the last generation, and my 360 got the least use.
I know that's anecdotal evidence, but I realised after a short while that a Microsoft console was completely redundant. The only reason to have an Xbox is if you can't wait for the games to come out on PC. Gears of War, Halo, Fable etc have come out for PC. Forza hasn't, but I tried it and wasn't exactly smitten (I love driving).
The PS3 doesn'
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I have the 3 consoles and a high-end PC. My PC is mostly for working (and runs Linux most of the time anyway), and most of my gaming is on the xbox 360.
The japanese do not release their games on PC, only on consoles (except for doujinshi games, eroge or other indies). And very few of their games make it to the xbox. They're the reason why I bought a PS3 in the first place.
As you can see, your anecdotal evidence is not verified by me.
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No true scotsman ......
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Revenue is made on the sales of games, not consoles.
A casual gamer doesn't play much, so he won't buy many games either. That means less revenue per gamer.
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I would never write a document or manage an excel file on a mobile device (not included laptops). It's inefficient to say the least. I'd also love to see one do his taxes on a Galaxy S3 or Iphone 5. Even banking is still limited on mobile devices due to the companies not being completely cough up with all the feature that are available via a standard browser. CURRENT mobile devices aren't input friendly and that is one major reason they aren't crushing the PC market. And not sure who came up with the 95% fi
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Unfortunately for Microsoft, those kinds of computers aren't a growth industry any more. The tide's going out.
"Computers" (Score:5, Informative)
Nothing says" irrelevant" like running on 95% of the world's computers!
...for a very specific subset of "computers":
i.e.: big desktop machines, in homes and offices.
Absolutely every other device with similar computing specs that is interracted directly with, or that is relied behind-the-scene on, runs something else.
(Tablets, Smartphones, home wifi router/modem, home micro-NAS for backups, the set-top box or media under the TV and/or the TV itself, the infotainment system in the Car: i.e. everything at home beside the laptop [the single device running Windows] and the Microwave Oven [still powered by a micro-controller, not enough power for a full-blown OS])
mostly shared between Linux (either GNU or Android), *BSD, and specialised OSes like QNX.
(and at work, as long as it's not a SOHO who is dependant on Microsoft Directory Service and Sharepoint, you can bet that pretty much everything behind the scene run some flavour of Unix)
In short, the "year of Linux on everything except the desktop" has come since long time.
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For a definition of "computer" that hasn't been relevant for five or six years now.
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Tell you what, when that day arrives get back to us, mmmkay?
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Re:Increasingly irrelevant tech dinosaur.. (Score:5, Interesting)
Anyone who has been paying attention knows that Nokia has been "owned" by MS for a while now though, so this news really just isn't surprising in any way. And it doesn't seem like it will benefit anyone other than Nokia shareholders looking to cash out.
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Cue conspiracy theories about how Microsoft persuaded Nokia to go all in on Windows phones, knowing full well it would flop and cause the company to stumble hard enough to enable a cheap buyout.
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Windows Store != Windows Phone Store. Windows Store is less likely to contain things like banking apps or Pandora, because with a full desktop browser (including Flash) in every machine capable of using the Windows Store, there's a lot less need for it.
Windows Phone's store has Pandora (and a ton of other music services), apps for nearly all significant banks by now (although it took them a while; six months ago there were some very notable omissions), and tons of other such stuff. It's not up to Google Pla
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buy up companies that are either has beens or just starting out and proceed to completely cock them up and ruin anything that may have been good about them by trying to shape them into a half baked ripoff of whatever was hip
There's nothing unique to MS about that. That's just how large tech companies work - you see the same from Yahoo, Google, Cisco, Symantec, EA, etc. And the simple fact is most new products fail, you just hear about them more when they fail after a large company buys them.
As far as messing with Windows, I'm hanging on to my keys for Win7 forever, but at least there's a big shakeup at MS and who knows, maybe they'll "get it". They came back from Vista, after all.
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Is that meant to be insightful, somehow? I'm quite happy not to be in any spotlights.
Get out while the getting is good! (Score:5, Insightful)
Elop has succeeded in destroying Nokia. Hopefully, it will take Microsoft with it!
Re:Get out while the getting is good! (Score:5, Funny)
Their only chance (Score:5, Insightful)
The two choices:
A) sell out to Microsoft and get some cash for the shareholders;
B) go bankrupt and lose everything.
Yeah, I'd choose A too. Interesting that Blackberry, in pretty much the same position, chose B.
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I think Nokia is barely breaking even in a booming market, they're not quite ready for bankruptcy court even if they're becoming a more and more marginal player. But at this point, yeah I'd vote for Microsoft because what alternative is there at this point? None at all.
Re:Their only chance (Score:5, Insightful)
Blackberry isn't bankrupt, they still have some useful stuff, they just need to utilise it properly.
If they do go bankrupt it'll be because of management failing to realise their potential, not because they had nothing of value left.
For example, there'd still be massive scope for Blackberry to start releasing Android devices that were secured to a similar standard to their existing phones and to integrate their business tools into it like BIS.
Right now whilst business integration tools have improved for the major smartphone platforms iOS, Android and Windows Phone are still primarily consumer focussed operating systems.
So there'd be a pretty large market for someone with the past experience of Blackberry at satisfying corporate customers to create a purely corporate focussed line of smartphones that are based on iOS, Windows Phone or Android - I suspect Android would be the best bet as it's the easiest option for a third party to customise to the degree needed.
A range of Android handsets with a determined focus on security, business needs, and easy integration to corporate systems would basically hand them the entire business world and they have much of the groundwork in place that they need to do that. They just need management capable of realising it. A good CEO could have this up and running within a year, anything else and then they'll be bankrupt.
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there'd still be massive scope for Blackberry to start releasing Android devices that were secured
You could have stopped there, the gaping security holes in pretty much all of the Android installations on the market, and the even worse ones introduced by manufacturers' preinstalled crapware, need to be dealt with adequately before I'll consider doing anything like online banking on them.
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I wouldn't be surprised if they're already doing this. An Android fork does take time, though.
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While I believe you had an insightful comment, your spelling errors were making me wince so I had to stop reading. Please get a spellchecker, they're so very useful.
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Not so staggering. (Score:3, Interesting)
I understand the journalistic desire to phrase things dramatically, but there is nothing staggering about a struggling company accepting a buyout from a company with a perceived strong market position.
Re:Not so staggering. (Score:5, Insightful)
No, but there's something fishy when a former Microsoft exec came in, gutted the company, made them entirely beholden to Microsoft, and then watched their market share collapse.
You couldn't construct a better tin-foil hat scenario than a corporate executive making the company ripe to be bought by his former employer.
To me, either Nokia was incompetently managed, leading to the eventual purchase by Microsoft -- or this was all part of someone's master plan to make this happen.
And if that person who either incompetently managed Nokia (or masterminded their demise) is a candidate to become the CEO of Microsoft ... you have to ask why someone who is either incompetent or dishonest is being considered.
CEOs and executives don't seem to get selected for actually being able to do something, but who they know that can make back room deals. To me, Elop was an abysmal failure at the helm of Nokia, so WTF qualifies him to be at the helm of another?
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Nokia was already in decline before Elop came on board, and the decision to abandon Symbian had already been made. His choices were 1) join the stampede towards Android and attempt to compete with established monsters Samsung and LG, 2) resurrect Symbian, or 3) chose a new phone OS. What would your choice have been?
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What would yours have been? What would Kim Kardashian's have been? What would your mom do? What would Any Kaufman have done?
See, I'll say right up front -- I'm not qualified to be the CEO of a multi-billion dollar company. I can't speak for you, but I'll go out on a limb and say none of Kim Kardashian, your mom, nor Andy Kaufman would have been put in this role. So what we would have done is irrelevant.
Is Elop prepared to say that he's not qualified either? Because oth
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resurrect Symbian
Don't say another goddamn word. [penny-arcade.com]
When Elop came on board, Symbian was still the #1 smartphone OS, with a 44% market share. There were challengers appearing, but with proper support, it would have remained a viable contender until they had MeeGo ready, and this one would fare much better than Windows Phone ever will.
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From an executive point of view MeeGo was an unknown with almost no apps and almost no community developing to write those apps. MS had had successful phone OSs in the past (remember that Windows Embedded ran the first real smart phones), there was a full stable of applications already available and an enormous community of people already accustomed to writing Windows applications.
Was it the right choice? We'll never know, Ballmer played out his typical scenario of making it too expensive and too late t
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MeeGo was an unknown with almost no apps and almost no community
But it had many carriers happy to support it. Unlike Windows Phone.
remember that Windows Embedded ran the first real smart phones
No, that'd be the Nokia 9000 Communicator, which ran GEOS.
there was a full stable of applications already available
That was true of Windows Mobile, which Microsoft abandoned in favor of the fully incompatible Windows Phone.
I just looked at the project's home page and it hasn't been updated since 2011
You don't say, Captain Obvious? Elop killed the damn thing! But, being open-source, MeeGo left an heir: Mer [merproject.org], the basis of Sailfish [sailfishos.org], which runs on the Jolla [jolla.com] - made by a crew of former Nokia engineers.
and Tizen's major selling point seems to be that it supports HTML5.
Its major selling point, to manufacturers and carriers, is that it's not under t
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They might, but whether anything comes of it may depend upon whose jurisdiction is relevant. Elop is Canadian, Nokia has their primary headquarters in Espoo.
Re:Not so staggering. (Score:5, Insightful)
The staggering newsworthy thing in this case is that it was the company with a perceived strong market position that engineered the other company into a struggling position in the first place.
Or in other words, this was one of the most blatant planned corporate sabotages and subsequent buyouts of recent history.
Elop has abysmally failed as a CEO and yet Microsoft are treating him like a hero, even with suggestions he's the frontrunner to run Microsoft itself now. Normally in an acquisition like this he'd be first out the door for creating arguably one of the biggest corporate failures in history (the speed at which Nokia lost assets and fell into a loss making company was staggering). The rest of his family never even left America which strongly implies they knew he was coming back. If that doesn't make it clear that what many people suspect went on isn't just theory then I don't know what would.
So the news is that what many people theorised was the plan all along actually was. Maybe given that many of us theorised it from the outset means we shouldn't be surprised, but I think the shock that we were right, that Microsoft would be so blatant and open about the game they were playing and so utterly lacking in subtlety is shocking. Most of us are in disbelief that we were right, that the biggest and most succesful phone manufacturer on the planet and that had a strong anti-Microsoft culture could be turned round into a Microsoft takeover victim in just a few short years.
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Shareholders fire CEOs more often than you might think. Clearly your ideas about what happened aren't shared by those with an actual financial stake in it all - it's not like the board couldn't see Windows Phone coming when they hired the guy! Nokia was in collapse. Would being the 3rd major Android player been a better choice? Maybe, but going a different direction to try to stand out in a crowded market was more in tune with Nokia's past IMO.
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I'm kind of amazed... (Score:2, Informative)
That people reference Nokia as a failure due to Elop, as if it was doing so well in the smartphone arena before he took over? Have a sense of reality folks. Nokia was dying fast, and while the MS integration may or not have been a great idea, something had to be done. I will let history judge the actions, but in many parts of Europe, Nokia is overtaking the iPhone in sales... so there is that.
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Take in account that less than 10% of past Nokia customers are willing to switch to Windows Phone. 90% of them have switched to Android or iOS.
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Wow, I expected this to be an "explosion" from 1% to 3% or something, but Windows phone is actually doing well in Europe, on par with iPhone. Android completely dominates, of course, and Blackberry has all but vanished.
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Well, WinCE is a different story - I mean, even MS called it "wince". The newer ones seems fine to me, if still lacking apps, but maybe I'm a bad sample since I mostly use my phone to make calls, and as a kindle/audible/media player.
The End (Score:3)
Snapchat (Score:2)
Quite simple (Score:2)
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might as well (Score:2)
It's not worth much anymore.
Lost non US advantage (Score:4, Insightful)
This would have garnered them a nice chunk of the market.
That is gone now.
You will be assimilated (Score:2)
Nokia has been assimilated by Microsoft. ...why did /. change its icon for MS again? The old one is so appropriate! Who wants to photoshop Elop into it?
http://kaioa.com/b/1102/svgjng/images/microsoft_64.png [kaioa.com]
I couldn't be bothered to read the /. hatefest (Score:2)
I had an N95, it was great for its time but became an anachronism the day the iPhone was released. Today you can buy Nokia phones that do more than iPhone for less money. Really, /. Nobody likes Microsoft but it's time to accept that Winphone is a good product, that people like it, and that it is going to seriously challenge Apple and Google.
Re: Microsoft just wants the patents (Score:2, Informative)
Microsoft is only licensing Nokias patents. Nokia is only selling the mobile phone business, while it keeps it's mapping, patents and mobile network infrastructure business. So Microsoft cannot sue anybody with what it is buying.
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Probably NOT. Probably some lesser known company like Vringo or Intellectual Ventures, who have nothing at all to do wiht Microsoft (legally), will sue Google Apple Samsung et. al. for infringing on "their" work.
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Yes, because it would have been a much better proposition to start churning out more disposable Android phones in an already over saturated market. At least wp8 gives them some market differential.
It sure does. Market share shows it.
Nokia sold out its soul to get few shitty percent share on US market.
If that's what they wanted...
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Yes, because it would have been a much better proposition to start churning out more disposable Android phones in an already over saturated market. At least wp8 gives them some market differential.
Actually, it would have. It's a much better sell to have a 41 megapixel camera that can upload the pictures it takes to Instagram. They could differentiate themselves in the market by offering Nokia Music and Nokia Maps, yes, things duplicated by Google to some extent, but still worthy properties to help differentiate themselves. Nokia was legendary for having phones that were difficult to break, and while Lumias might not be as indestructible as some of their older candy bar phones, even if they beat out i
Re:You really have to admire Microsoft... (Score:5, Informative)
Maemo and Meego were Nokia's "skunk works" projects, kept far away from their mainstream consumer phone business. Trust me, Microsoft didn't have to kill off that area. It was dead even while S60 was riding high.
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Actually this was: N770, N800, N810, N900, (n990), N9.
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Err, Replace the (n990) by (N950).
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Your are right (verified on my own device).
So:
Nokia 770
Nokia N800
Nokia N810
Nokia N900
Nokia N950 (never sold)
Nokia N9
The N810 was my favorite to do SSH session. Still hard to find something comparable today.
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