Some Nokia Shareholders Still Unhappy; Once Again Asking to “Switch Roads”

I honestly didn’t want to post this since usually this sort of “news” is overblown and exaggerated, but oh well… In the annual shareholders meeting in Helsinki the usual issue of Nokia’s low stock price and marketshare came-up, and as ever year since 2011 “some” stock holders have asked Elop to reconsider the strategy and find another path (besides WP).

“Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road,”

The way I see it, if enough shareholders actually shared the opinion that Nokia should go the Android way, then they would have already, Elop isn’t a “supreme owner” he can’t do whatever he wants, Nokia is a publicly traded company, and publicly owned if an actual majority of the stockholders believed that Nokia is going “to hell” they would’ve changed something by now. Instead once again as usual Elop has strengthened his support and dedication to the WP platform (plus conquering the low end with some new Ashas).

Personally I don’t see what the fuss is about, if these shareholders sat through 2 years of literal hell during the transition period, why are they giving up now when things are finally starting to straighten out, the 521 & 520 are sure to surge Nokia’s sales and market share; plus the Verizon hero phone on the way? Personally I’d have to call it a single shareholder with an Android fetish.

Via

Category: Nokia