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Last updated on April 20, 2014 at 14:04 EDT

Latest Stephen Elop Stories

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2014-03-24 11:09:05

Peter Suciu for redOrbit.com - Your Universe Online While it sounded like a “done deal,” Nokia has delayed the sale of its smartphone business to tech giant Microsoft until April after reports on Monday stated that Nokia had still not received approvals from certain antitrust authorities in Asia. Last September, Microsoft announced its plans to acquire Nokia’s Devices & Services business, which included the smartphone and mobile phone parts of the Finnish-based handset maker,...

Who Will Replace Steve Ballmer As CEO At Microsoft In 2014?
2013-12-18 12:29:10

Peter Suciu for redOrbit.com - Your Universe Online In August Steve Ballmer, CEO of Microsoft, announced that he would retire within a year, but he will apparently still ring in the New Year while holding the top spot at the Redmond, Washington-based software giant. Microsoft will not announce the next chief executive until 2014, the company’s board announced on Tuesday. This has lowered speculation as who might succeed Ballmer, who is only the second person to helm the company during...

Phablet Market Heats Up As Nokia Unveils New Lumia Handsets
2013-10-22 13:32:31

Peter Suciu for redOrbit.com - Your Universe Online Finnish-based Nokia is looking to enter the “galaxy” of larger handsets that practically merge with smartphones – the so-called “phablet” market – Samsung has found success in. This week, at its Nokia World Conference in Abu Dhabi, the company unveiled its first extra-large handsets that run on Microsoft’s Windows Phone 8 operating system. To date, most of Nokia’s smartphones have been of comparable size to Apple’s...

2013-09-03 23:20:53

Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) September 03, 2013 Microsoft is buying Nokia wireless phone patents according to MSN News, on Sept 3. Tech analyst Jeff Kagan offers comment. “Congratulations to Microsoft on the Nokia acquisition. This move into wireless could be just what Microsoft needs to do in order to get back on the growth path. The next question is, will Microsoft be interested...

2013-09-03 12:23:46

PRINCETON, N.J., Sept. 3, 2013 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has issued updated outlooks for Ciena (Nasdaq: CIEN), Finisar (Nasdaq: FNSR), Microsoft (Nasdaq: MSFT) and Nokia (NYSE: NOK). Over the past ten years, more than a thousand Wall Street analysts, money managers and institutional investors have joined thousands of savvy private investors in gaining an edge in the...

Microsoft Acquires Nokia Handset Division For $7.2 Billion
2013-09-03 08:29:58

Michael Harper for redOrbit.com - Your Universe Online Microsoft has agreed to buy Nokia’s handset division and patent portfolio for $7.2 billion. Though the deal adds some 32,000 new employees to Microsoft’s roster, a remaining 56,000 Nokia employees will not be transitioning. The two companies have been partners since February 2011 when Nokia agreed to focus its attention on creating phones for the Windows Phone platform, a move which it hoped would increase its standings in the...

2013-08-01 12:33:34

BOSTON, Aug. 1, 2013 /PRNewswire/ -- According to the latest research from Strategy Analytics, global smartphone shipments grew 47 percent annually to reach 230 million units in the second quarter of 2013. Android captured a record 80 percent share all smartphone volumes worldwide, while Microsoft solidified its position in third place. (Logo: http://photos.prnewswire.com/prnh/20130207/NE56457LOGO-b ) Scott Bicheno, Senior Analyst at Strategy Analytics, said, "Global smartphone...

Microsoft Reorganizes At Corporate Level
2013-07-11 11:51:27

Michael Harper for redOrbit.com - Your Universe Online Microsoft CEO Steve Ballmer sent out a memo to all Microsoft employees this morning which outlines a reorganization for the company. A shakeup in executive aligning in Redmond has been rumored for some time. Ballmer defined a new vision for Microsoft, one which places more emphasis on their relatively new business model of building devices as well as services. As a part of the restructuring, Microsoft Office's head, Kurt DelBene,...

2013-07-01 23:04:07

Technology Industry Analyst Jeff Kagan is available to speak with reporters, or may be quoted through this release. Atlanta, GA (PRWEB) July 01, 2013 Nokia has agreed to buy the Siemens half of their telecommunications equipment joint venture according to the New York Times, June 30. Wireless analyst Jeff Kagan offers comment on this story. The Nokia and Siemens joint venture is now over. Nokia has paid Siemens for ownership as it continues to struggle with it’s own challenges in the...

Nokia Buys Out Siemens NSN
2013-07-01 09:41:05

Michael Harper for redOrbit.com - Your Universe Online Finnish phone maker Nokia announced plans today to buy out Siemens' share of Nokia Siemens Networks (NSN), a joint venture the two companies started in 2007. Nokia will pay a less-than-expected 1.7 billion euros ($2.2 billion) to take control of NSN, a company which builds 4G and telecom equipment used to power smartphones and feature phones. Nokia's own cell phones have been struggling to compete with market leaders, Apple and...