When former Microsoft
High-ranking Nokia managers are still pounding home the message that its MeeGo and Symbian platforms are the way forward, with MeeGo hitting the sweet spot for high-end phones and Symbian for low-cost models. There will be no Nokia phones based on Google's
While I can see the sense in protecting Nokia's pet projects and the substantial investments the Finns have made in them, it's never too late to admit that you're wrong and change tactics. MeeGo may or may not be the next megahit, but Android is already halfway there, and both platforms are fundamentally based on the same Linux technology. Never mind that we have yet to see the first actual product with MeeGo preinstalled, while Android is busy eating the global market-share lead Symbian built in the early days of smartphonery.
The mobile software market is getting crowded, and while I do appreciate any attempt to advance the state of the art, I don't think that direction will pay off for Nokia or its investors. It would be one thing if the company could claim wider profit margins from its software stakes, but that's not the case. If Nokia's slim margins are already more in line with a hardware company than a software one, why not just act more like a hardware company?
There's no reason why Nokia couldn't refocus on excellent hardware innovation and throw its lot in with a proven and progressive software platform. Well, except for corporate pride, of course. That's a lousy basis for this kind of major business decision, though.
Seven years ago, Nokia could have bought Apple
If Stephen Elop wants to take this sinking boat home, he needs to make some radical changes. Can you convince your underlings to go with Android, Steve? If not, I think you're doomed.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. Google and Microsoft are Motley Fool Inside Value recommendations. Google is a Motley Fool Rule Breakers pick. Apple is a Motley Fool Stock Advisor recommendation. Motley Fool Options has recommended a diagonal call position on Microsoft. The Fool owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. You can check out Anders' holdings and a concise bio if you like, and The Motley Fool is investors writing for investors.