Re: Plumbing new depths
I agree, he really has gone of the deep end with this tablet idea. They simply do not have the cash to waste on such a risky venture. Latest info suggests they will run out of cash and face bankruptcy in late 2014 or early 2015. They currently hold 4 billion euros in cash and have about 5 billion in debt. (See: http://computingcompendium.blogspot.com/2013/08/nokia-may-die-taking-windows-phone-8.html for details). Even if it were the case that Microsoft is somehow picking up the tab (and I doubt this), it really couldn't make sense to do this, just on the grounds of loss of focus.
Just the other day a VP at Nokia was complaining about Microsoft being too slow about getting WP8 apps. Wait till that guy sees the poor selection in the Windows Store. Worse, many of the ones in the Windows Store won't even run on RT.
It's mind blowing that this is actually happening.
Biting the hand that feeds IT
