How do you solve a problem like Nokia? The company has been foundering for years, and at this point may have taken on more water than newish CEO Stephen Elop CEO can bail. But how did a company once so far ahead of the game drop to the back of the pack? It might be more a matter of distance than ideas.
Sure, Nokia’s making a tablet. But what’s it going to run? Windows Phone 7? Windows 7? Meego? Symbian? Android? Bueller? Whatever they choose, Nokia CEO Stephen Elop wants to take their sweet time getting it right:
A group of “nine young Nokia shareholders” who used to work at Nokia are demanding that the rapidly-morphing company fire CEO Stephen Elop, extend the life of Symbian by five years and restore MeeGo as the focus of future Nokia smartphones. All of their laughably asinine demands can be consumed in full over at [Nokia Plan B via SAI]
When Nokia’s newish CEO Stephen Elop came over from Microsoft a few months ago, he brought with him more than fresh ideas about how Nokia is a burning platform. He also brought 200,000 shares of his old company for a ride – the vast majority of which he still owns.
Hmm. Remember when Nokia’s Stephen Elop said the reason they went with Windows Phone 7 and not Android was because it would have felt like giving up? Well it was also very much about money. Microsoft promised more.
While speaking at the Mobile World Conference today Nokia CEO Stephen Elop was forced to defend himself against a rather pointed cat-caller who had asked him, via some post press conference yelling, “Are you a Trojan Horse?”