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  1.    #1  
    Hi all,

    Is Nokia's smartphone business down for the count???

    Please sue the link to read the balance of this article.

    take care,

    Jay

    Nokia CTO on Leave Amid Report of Strategy Disarray

    By REUTERS, June 9, 2011, (Additional reporting by Kate Holton in London and Jussi Rosendahl in Helsinki; Editing by Sophie Walker)

    http://www.nytimes.com/reuters/2011/...gewanted=print

    HELSINKI/LONDON (Reuters) - Nokia said its technology chief was on indefinite leave after a media report of strategy disagreements, and a second credit agency cut its rating in another blow for the stricken phone maker.

    Shares in Nokia hovered near 13-year lows after Finnish newspaper Helsingin Sanomat said CTO Richard Green had disagreed with Chief Executive Stephen Elop over Nokia's Microsoft-focused smartphone strategy and might not return.

    Nokia confirmed that Green was on leave and said it was for personal reasons, but declined to comment further on Thursday. Henry Tirri, head of Nokia Research Center, will be acting CTO.
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  2. #2  
    The CTO would have stock options that he can exercise and convert to cash upon his departure.

    If he waited 6 more month he would have lost half or more of the share price.

    Note that Green did not leave for another company. He just left. He is not old enough to retire.

    To everyone left on board, this is like hearing "attention, last call for the lifeboats..."
  3.    #3  
    Quote Originally Posted by milominderbinder View Post
    The CTO would have stock options that he can exercise and convert to cash upon his departure.

    If he waited 6 more month he would have lost half or more of the share price.

    Note that Green did not leave for another company. He just left. He is not old enough to retire.

    To everyone left on board, this is like hearing "attention, last call for the lifeboats..."
    Hi.

    How right you are...

    Take care,

    Jay
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  4. ijip's Avatar
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    #4  
    based on the new wp7 strat im surprised there hasn't been more of an exodus!
    Want to help design and write an app?
    follow me at Twiiter @ijip
    THANKS~!!

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