Nokia Plan B: An Open Letter to Nokia Shareholders and Institutional Investors

The assumption underlying this vigorous dissent is that MeeGo is on track to be a viable competitor — soon. I think that’s a bad assumption. That said, these guys are right about how this deal reduces Nokia to an OEM with no control over their primary software platform:

5. Avoid at all cost becoming a poorly differentiated OEM with only low margin, commodity products that is unable to attract top software talent and cannot create shareholder value though innovation.

Nokia’s between a rock and a hard place.

Update: Unsurprisingly, it wasn’t a serious shareholder revolt. The criticism of Nokia’s position is apt, though.

Tuesday, 15 February 2011

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