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Rumours of Samsung bid for Nokia – er…Shut up and Keep your money!

| June 8, 2012 | 115 Replies

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.

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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!

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Category: Nokia

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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.com