- Associated Press - Monday, February 14, 2011

SALES JOB: Nokia CEO Stephen Elop is trying to convince investors and his employees that he did the right thing when he decided to dump his company’s smart-phone software and shift over to Microsoft Corp.’s instead.

THREE-HORSE RACE: Elop is betting that Nokia and Microsoft will be mount a serious challenge Apple Inc.’s iPhone and phones running on Google Inc.’s Android software.

SKEPTICAL RESPONSE: Nokia’s stock plunged 14 percent after the Microsoft partnership was announced Friday, and then slipped even further Monday. Employees expressed their dismay by cutting out of work early Friday.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide