No I'm saying having Ferrari make Yugo mini-cars would end up with a bankrupt Ferrari?
Why people has so much trouble following a simple concept is beyond me, but for those that seem to have trouble grasping the concept (which from the replies seems to be the majority) I'll spell it out....in a race to the bottom only the tightest ships will survive those that can pinch the most pennies, lower the material costs down to the absolute minimum, shave every penny and pinch it until it screams...remember Dell? Remember why they became the #1 PC maker? Because they were only making $8 a sale that's why!
What everyone seems to have trouble grasping is that Nokia had too many upfront costs, too much overhead to compete in a sharktank like a race to the bottom, they would have died just as many OEMs died in the PC Price Wars, inability to shave costs equals dead company. They have a factory in Europe, one of the most worker friendly places on the planet, no fucking way that factory can compete with a place in China whipping off phones while paying workers less than $5 USD a day, they had a large R&D that frankly wasn't delivering the D part of that, again not gonna be able to compete with the likes of LG and Huawei who have their businesses striped down as a ricer racer, its just not possible.
But of course I'll be marked down for daring to point out the reality of the market, because I refuse to guzzle the koolaid and pretend that RMS farts rainbows and anything that the Linux kernel touches is magically a hit, News Flash...its not. Out of the dozen companies making Android phones? Only ONE is making consistent profits, the rest? They are making money alright, but their profits are less than what Nokia was making on dumbphones in 2011, they just aren't making the kind of bank Nokia would require to survive, the ONLY company making the kind of green a top heavy company like Nokia would require to keep the stock from continuing its free fall? Samsung. Again better companies have tried to beat Samsung, companies that have a hell of a lot more experience, advertising budgets, and brand recognition than Nokia, and they have failed. Nokia would have been curbstomped.
Frankly its amazing how few here can even understand markets, whether its the FOSS blinders or magical thinking? Fuck if I know, you act like that because a company is making profits that means Nokia could make enough to thrive...wrong,for the same reason that Compaq and Maxtor ended up being bought out during the price wars by companies that ran leaner and meaner. if you have an expensive to run company a race to the bottom is corporate suicide. The only way Nokia would have made bank in Android is to close up shop and move to Asia so they could compete with LG and Huawei, but that would have cost billions they just did not have.
Like it or not Nokia was fucked and the Android fairy wouldn't have stopped the freefall, it would have accelerated it. The best thing would have been to buy WebOS back in 08, they didn't do that. By the time the board got its head out of its ass they were too far behind, too bloated, too toxic, they were fucked.