Rumours of Samsung bid for Nokia – er…Shut up and Keep your money!
Another day another rumour. Precisely one year ago, Nokia denied any possibility that Samsung were going to buy Nokia. Yet rumour has sprung up again. That shouldn’t be that surprising though.
It’s the hot topic of late that Nokia is the buy out target of some other bigger company. MS is a popular contender and many think Facebook might do it. Who can blame them – the situation for Nokia looks quite dire. Nokia know this, but the year has not ended yet, and there’s a better second half of the year to go if we are to believe Nokians.
kauppalehti.fi reckons Samsung is offering 4 Euros per share. That’s shy of just under 15 Billion and would make Samsung even stronger than they are now.
I’d like for once for Nokia to stay its course – no surprise negative strategical changes or a buyout. Just shut up and keep your damn money. I just want Nokia to show us the fruits of this strategy change. What’s the point of a difficult transition if you give up when it hurts and not stick around long enough to see the rewards. Yes, there’s only so much anyone can take but I just have a feeling Nokia’s really close to delivering.
This is the thing that worries me the most is that something will derail Nokia again from ever reaching the final stage of a strategy. I think/hope however that Nokians are confident that they have some great products to deliver in the second half of the year. Look what we’ve just seen happen to S40. Extremely good value for money products, very enticing to the 40 line up. What more for Nokia’s other plans, eh? We’re still yet to see the next billion stuff (the one that has Qt).
The only overtaking of Nokia by Samsung that I can bear for now in the headlines is the loss of the top mobile phone manufacturer crown. As we said before, Focus now on products, on customer satisfaction, on timely products (and the marketing to give all that ample awareness).
Source: kauppalehti.fi
Cheers jiipee for the tip!
Category: Nokia
About the Author (Author Profile)
Hey, thanks for reading my post. My name is Jay and I'm a medical student at the University of Manchester. When I can, I blog here at mynokiablog.com and tweet now and again @jaymontano. We also have a twitter and facebook accounts @mynokiablog and Facebook.com/mynokiablog. Check out the tips, guides and rules for commenting >>click<< Contact us at tips(@)mynokiablog.com or email me directly on jay[at]mynokiablog.comSubscribe
If you enjoyed this article, subscribe to receive more just like it.
Comments (115)
Trackback URL | Comments RSS Feed
Sites That Link to this Post
- Rumour: Samsung looking to buy Nokia for 15 billion Euro | June 8, 2012
- Samsung estaría pensando en comprar Nokia [Rumor] - Windows Phone en español | June 8, 2012
- اشاعة: سامسونج تتطلق لشراء نوكيا بـ 15 مليار يورو | June 9, 2012
- اشاعة: سامسونج تتطلع لشراء نوكيا بـ 15 مليار يورو | June 9, 2012
- Samsung podría estar planteándose comprar Nokia por 15.000 millones de euros | Multimedia Life | June 18, 2012
- TUSENSAYOS: Android, Windows, PC » Blog Archive » Samsung podría estar planteándose comprar Nokia por 15.000 millones de euros | June 19, 2012
hows keeping the counts now? so far 7 Nokia rumor sales over 6 months ..lol..
Nokia’s totoal assets is at least 40billion.. why will thy sell it for any less?
I guess samsung won’t buy full nokia, they will only buy NSN. So far I know samsung wants to be a big player in network side. NSN can fulfill samsung dream. Now Samsung is the platinum member of linux forum. If sammy could succeed with tizen, network business (buying NSN), there is no player to stop samsung. They have their own SoC, display, RAM.
As a Nokia fan it’s a quite pathetic for me. Nokia is called father of mobile technology, just in 2010/2009 Nokia was the 4th highest contributor in linux forum. Now it seems that Nokia totally lost their track
“Now it seems that Nokia totally lost their track”
you know whom to blame. I am reminded of a quote “tell me your friends and I shall tell who you are”
Everything has an ending and every ending is a new beginning. Maybe the acquisition of Nokia by Samsung would be the best what could happen to Nokia. Samsung is clearly looking for an Android alternative, they now have even become Linux foundation platinum member. Nokia has a long Linux history and a lot of expertise on that matter, which Samsung could use to develop a third Linux based ecosystem.
http://youtu.be/lDIVXuv_UNY?hd=1YES EXACTLY
Maybe Samsung will revive Symbian and MeeGo, just like what they did Tizen.
No reason for Samsung to revive MeeGo, just go with Tizen.
Qt could be a valuable asset for Samsung?
I dont think Sammy would be truly interested. The value of Nokia would me much more for the Chinese players. Unfortunately the value would be the highest for any investment fund. Just imagine:
- selling NSN to ZTE or other company in network biz
- Selling Nokia brand, Meltemi and mobile phones to ZTE/HUAWEI
- selling Lumia line and Navteq to MS
- licence pureview tech ot sell it to Carl Zeiss, who could offer it to OEMs
- Have an open auction for patent packages
- keep the 4 billion (2 in half a year) net cash
I can’t see Microsoft just sitting back while Samsung or anyone else nabs Nokia.
yeah, the trumpcard elop is in their hands
Ese hona hi hie..aaj nahi to kal.sirf mobile platform ke dam par kab tak tike rahoge .phir electronic market jahan har dusare mahine trends change ho jaate hie.l rahiast two years se koi behtar devlopment nokia nahi kar pa rahi thi.yeh har segment me flop ho rahe the,chahe wah low segment ho ya high end segment.asha platform ke mobile one year back market me hone chahiye the.aur smartfone segment new os ke bajay tested os me handset market me dena tha .yadi symbion aur windows sath ho sakte hi to symbion aur android kyon nahi.nokia ‘i am the best’ki akad me nipat gayi.
STFU Troll!
It’s better to die than surrender to enemy!
Android is the enemy!
:c
And, please use English!
Nokia is still the best!
Nokia’s biggest enemy is within Nokia itself. Second biggest enemy is MS.
well said. Nokia has been busy scuttling it’s own boat, microsoft is the cunning crook which is appearing to help them, but they are helping them scuttle their own boat, and then microsoft will come to their “rescue” in the final act.
If this happened I would puke uncontrollably.
i would too and then cry over a bucket of ice cream
That makes two of us.
Seems like I can’t count anymore…correction: three of us.
And most likely many more… I’d guess that the grocery stores would see a rise in napkin & ice cream consumption after a tragic event like that.
I would also probably also invest in a puke bucket…
i dont care who bought nokia, but please save symbian
Maybe thats just what Samsung i planing to do. Saving symbian and meego harmattan just that will be named Tizen.
Pureview camera, Tizen OS with swipe, quad core, 720p and QT as development platform
this is the biggest danger for nokia imo. What will happen if they couldnt make it with WP in Q2 and Q3?!?! Only God knows.. I (we) just want to see Nokia rise and regain whatever they have lost. And most importantly, I (we) want to see Nokia as a independent company.
It is happening on our eyes. Have any of 4 Windows Lumias conquered any markets? Have they reached sell or popularity comparable to Symbian devices? If yes – there is a success, if no – they can’t make it with Windows. And what is happening?
Hey! No fair! Let’s wait until 2016. Windows Phone 2016 will crush them all! Nokia who? /s
I’m surprised no one even mentioned Macromedia -> Adobe
j/k ;p
yeah, well, that’s exactly what elop is here for.
NOKIA SHUT UP AND KEEP THE MONEY!!!!!
While I do have a hard time believing that anti-competitive authorities would ever sanction Samsung buying Nokia, I think the risk of Samsung trying (and thus damaging Nokia’s strategy even further) is real. It might also force others like Microsoft to bid also, just in case. This might be just a rumor, but it might be real too.
And of course overall the risk of acquisition is real because the stock price is SO low. However, someone like Microsoft or Facebook as a buyer would probably have better time getting through regulators because they don’t already have a commanding presence on the mobile market.
For sure there are major risks associated with Nokia’s turn-around and be acquisition risk is one of the biggies.
That is excellent point. Nokia would be more of a burden to Sammy.
Tactically it would be great move: make a bid that you know is not enough. Get the Nokia mgmt to spend time working on the possible acquisition and losing time. Make the Nokia personnel confused, force othets to start bidding as well.
Testing…
Sorry about that, for some reason I have been trying to post my comment to this thread and it just won’t come through. Will try again.
Not sure why it’s doing that. Askimet seems to be filtering at a greater rate than usual. It’s most likely got to do with it ‘learning’ what is being marked as spam manually.
The spammers are getting better and using chunks of real text in their message (combined with garbage). If that is marked as spam, future posts with those combination of words seem to be marked as spam too.
Sorry about this. Hopefully marking it back NOT as spam will reverse askimets algorithms or whatever it does to decide what is spam.
Thanks, Jay. And good to hear the reason.
It seems unlikely that competition authorities would allow for a company like Samsung to acquire Nokia, because they command so much of the mobile marketplace already. But it doesn’t mean they won’t try and thus damage Nokia’s strategy by uncertainty and also force others like Microsoft to make counter-offers just in case Samsung were to get somewhere with it. The risk is real. And of course someone like Microsoft or Facebook buying Nokia would probably not face the same problems with the regulators (since they command no major mobile presence), so they might easily (although time-consumingly) get away with it.
Nokia’s stock price is SO low. Make no mistake, they are real acquisition target and have been for a while now.
“What’s the point of a difficult transition if you give up when it hurts and not stick around long enough to see the rewards.”
The idiotic WP strategy has NO rewards. And the transition has no point. It’s a suicide transition and there’s absolutely no reason to continue it if Nokia want’s to live. It may be too late already for Nokia, but continuing Elop’s madness leads to a certain death.
Choosing between Nokia continuing with Elop and his suicide strategy and Samsung buying Nokia, I choose Samsung buying Nokia. At least there’s hope of getting something worth while with Samsung at the helm. With Elop there’s no hope at all, it’s all useless WP crap.
My thoughts exactly. Better that Nokia is bought by Samsung than by MS or Facebook. At least Samsung is a good hardware company. Besides, this is a good strategic move for Samsung. The patents and design talent of Nokia would help them immensely against Appel.
The commenting system sucks and seriously! None of the posts I wrote got through.
Oh that one got through. The one where I’m not even commenting the subject gets through. Nice….not! Once I tried to make a proper comment, it just disappears.
(Let’s try again with some modifications. MAybe this one gets through…)
“What’s the_point of_a difficult_transition if_you give_up when_it_hurts and not_stick_around long_enough to see_the_rewards.”
The crazy-stupid WP strategy has NO rewards. And the transition has no point. It’s a suicide transition and there’s absolutely no reason to continue it if Nokia want’s to live. It may be too late already for Nokia, but continuing Elop’s madness leads to a certain death.
Choosing between Nokia continuing with Elop and his suicide strategy and Samsung buying Nokia, I choose Samsung buying Nokia. At least there’s hope of getting something worth while with Samsung at the helm. With Elop there’s no hope at all, it’s all useless WP crap.
WP isnt so bad, but for sure it seems this path is going to kill Nokia. (and Skype)
Yes, please Sammy, buy NOK.