Elop was a Microsoft employee who moved to Nokia to become their CEO.
Elop scrapped Meego as well as the rapidly-improving and highly promising Symbian OS that Nokia had, killed internal projects that used Android, and went all in on Windows Phone 7, a completely unproven platform that just happened to be from his ex employer.
After the market really didn’t like that, Microsoft was able to buy Nokia for a bargain price (€5.4bn), and Elop was given a €18.8m bonus.
Curiosly, that bonus works out as €1 million for every €1 billion that was wiped off Nokia’s market cap during his time as CEO. But I’m sure that’s just a coincidence…
When he was asked for the good of the company to take a smaller bonus, Elop said that he “couldn’t”.
After the deal to buy Nokia went through, Elop moved to a different cushty position within Microsoft.
Nokia didn’t really fumble smartphones. They were purposely ran into the ground by Microsoft so they could use a powerful brand name as the the thin end of a wedge to take over the phone market, without having to pay much for it. Then Microsoft fumbled it from then on out.
all they needed to do is to make the app making/launching easier and more profitable to the devs and I think the OS would be still alive. They pulled the plug too fast.
![The Crazy Nokia Designs That Never Saw the Light of Day [Wired]](https://lemmy.world/pictrs/image/7bae5b80-f6c7-4a81-b44a-e9763245b5ac.webp){kind=link}
Nokia was purposely sabotaged by Stephen Elop.
Elop was a Microsoft employee who moved to Nokia to become their CEO.
Elop scrapped Meego as well as the rapidly-improving and highly promising Symbian OS that Nokia had, killed internal projects that used Android, and went all in on Windows Phone 7, a completely unproven platform that just happened to be from his ex employer.
After the market really didn’t like that, Microsoft was able to buy Nokia for a bargain price (€5.4bn), and Elop was given a €18.8m bonus.
Curiosly, that bonus works out as €1 million for every €1 billion that was wiped off Nokia’s market cap during his time as CEO. But I’m sure that’s just a coincidence…
When he was asked for the good of the company to take a smaller bonus, Elop said that he “couldn’t”.
After the deal to buy Nokia went through, Elop moved to a different cushty position within Microsoft.
Nokia didn’t really fumble smartphones. They were purposely ran into the ground by Microsoft so they could use a powerful brand name as the the thin end of a wedge to take over the phone market, without having to pay much for it. Then Microsoft fumbled it from then on out.
all they needed to do is to make the app making/launching easier and more profitable to the devs and I think the OS would be still alive. They pulled the plug too fast.
Classic Microsoft. Never trust a Microsoft anything really.