Samsung stays mum over Nokia bid rumors

Samsung stays mum over Nokia bid rumors

Summary: It's no surprise to anyone that Nokia isn't doing too hot these days, but speculation is rising that it might be bought out soon. Could that buyer be Samsung?

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TOPICS: Nokia, Samsung
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It's no surprise to anyone that Nokia isn't doing too hot these days, but speculation is rising that it might be bought out soon. Could that buyer be Samsung?

Perhaps, but Samsung is staying quiet for now. According to Dow Jones, Samsung reps have given a terse response to the matter:

"It seems like a market rumor and we don't comment on rumors," a spokesman for the South Korea-based company said.

Nokia already has a partnership in place with Microsoft to develop more Windows Phone 7-powered handhelds, which might already be the last-ditch effort to stay alive. But rumors have swirled that the Redmond, Wash.-based company could be taking over the Finnish mobile phone maker. Turns out those stories weren't true - at least for now.

As for Samsung, it's an interesting theory, but it doesn't quite make sense. Dow Jones cites analysts who cite that there isn't much value for Samsung to buy Nokia while it continues to work on tablets to beat Apple.

Beyond that, one has to ask: does Samsung need Nokia? It's hard to see why. Samsung already develops its own smartphones and tablets. Nokia abandoned Symbian, so it's not like Samsung would be buying it for an operating system when it already has a relationship in place with Google and its Android OS.

Nokia, on the other hand, certainly needs something to give it a boost, which might include being taken over completely if it wants to keep any employees in work.

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Topics: Nokia, Samsung

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47 comments
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  • Probably too disruptive to Samsung,...

    trying to integrate Nokia. All they would gain is a better distribution channel perhaps, but how much would they want to pay for that?

    Sounds like a huge headache without much of an upside. It is not easy making a silk purse out of a sow's ear.
    Economister
    • RE: Samsung stays mum over Nokia bid rumors

      @Economister

      They could buy it and dedicate the ex-Nokia division to Windows phones / tablets and keep their existing operations focussed on Android maybe?

      I doubt anyone will take over Nokia yet though, I think the shareprice has a fair way still to fall yet...
      OffsideInVancouver
      • Actually, now would be the time to by it before the share price

        @OffsideInVancouver
        starts rising on the release of new WP7 devices.
        Will Pharaoh
      • Message has been deleted.

        Rick_K
      • Rick_K, Because you can't understand why

        @Rick_K
        Sorry, but your such an anti-MS shill, even when your told, you can't accept the reasoning, so why bother.

        now go cash that paycheck Apple, Inc. mails you, everyone's on to you.

        BTW: Haven't you heard - iPhone sales are flat, but you'll never say boo about that ;)
        Will Pharaoh
      • Did you say "reasoning"?

        @Will Pharaoh<br><br>"share price starts rising on the release of new WP7 devices."?<br><br>That is not reasoning, that is wishful thinking and dreaming. The market knows this is going to happen, so if it is good news, the share price would already start to reflect that fact.<br><br>Maybe it is because you are a MS mole, who is here just to influence the debate in favor of MS, and for whom "reasoning" plays no part whatsoever.
        Economister
      • RE: Samsung stays mum over Nokia bid rumors

        @OffsideInVancouver : could be a defensive move. Buying into Nokia would place Samsung in both camps without compromising the brands as happened with the Samsung Focus and Omnia 7.
        cosuna
      • And who are you a mole for, Economister?

        @Economister
        Or would you get in trouble if you answer truthfully?

        Look, you want to dance this dance, go ahead, we've been 'round this pole before.

        Bottom line is that Nokia was in trouble long before Google or MS made the offers they did, and it doesn't matter who they would have chosen, the stock would have dropped.

        It didn't fall on [b]whose[/b] OS they chose, it dropped because it was an admittion that they needed help. Period. Symbian is gone.
        And If WP7 based devices will be out in 2012, why would people rush out and buy the older, less functional Symbian based models? So that will impact current sales.

        Ever wonder why they offer current model year cars at such a discount at the end of the model year? Why pay $30,000 for a 2010 model in Nov 2010, when 2 months wait gets me the 2011 model for the same price, or a hair more?

        But here's a question: Rick_K is far and out an obvious troll, his existence and visits here offer nothing but ridicule for anything (or anyone) favoring MS, their products, whatever.

        You remain absolutely silent on his FUD, but will critisize anyone who rebutes him, or throws his words back in his face, which is all I (and others) do. If he bends the truth, you're fine, should I or anyone else straighten it out a bit, or offer a scenerio that a biased person or mole like him would never consider, then we're the moleS.

        Seriously, do you hear and see what you're doing?
        Will Pharaoh
      • No

        @ Economister

        That isn't how it works. The markets know Nokia will be using Windows Phone, so that's reflected in the share price, but they don't know if WP will be enough to turn Nokia round. In other words, investing in Nokia a very high risk play -- basically speculation, like investing in Apple in the late 90s was. Once Nokia ship WP devices, they'll either succeed or fail, and the markets will respond accordingly. If they succeed, Nokia will recover and the speculators betting on Nokia will make a killing. If they fail, Nokia will tumble into the abyss and the speculators betting against Nokia will do well.
        WilErz
      • RE: Samsung stays mum over Nokia bid rumors

        @Will Pharaoh<br>Pot, kettle, black. Youre such a MS shill that you feel the need to try and censor posts that disagree with your line of thinking. You sound a lot like that Windows Zealot that used to be here. In fact you might just be him/her.
        Rick_K
    • What about Bada?

      The point missed, that no-one has mentioned, is that Samsung has Bada - which is a competitor to iOS, WP7 and Android.

      Buying Nokia might well be an opportunity for Samsung to develop Bada markets. If Samsung does buy Nokia, and that is a big if, then my question of curiosity is whether it will drop MS and WP7 and simply use Bada, or, would it develop a blend of Bada and WP7 phones?

      More interestingly, how would WP7 be affected if Samsung decides to focus on Bada phones?

      All speculation, of course, but I am curious . . .
      Wakemewhentrollsgone
      • RE: Samsung stays mum over Nokia bid rumors

        @ptorning Unless Nokia sticks with WPxSOS phones then Microsoft is about done in the mobile arena. Sales of WP7SOS phones have not been good (as evidenced by the comments from AT&T). Microsoft has to keep u the illusion that they are competitive in the mobile arena until they can get a lucky break. Seriously, version 2 of the Kin is not as interesting as some of the fanboys would have you believe.
        Rick_K
  • Another rumor floating out there

    I heard the rumor that Microsoft would buy Nokia for about $19 Billion. Who knows.
    Your Non Advocate
    • RE: Samsung stays mum over Nokia bid rumors

      @facebook@...
      That would make sense : MS to by Nokia hardware expertise in order to copy Apple strategy.
      giantiago
      • Why would MS Want to copy a niche product

        @giantiago with a 5% global marketshare compared to Nokia's global market dominance, why would MS want to copy the 3rd runner up?
        Your Non Advocate
      • RE: Samsung stays mum over Nokia bid rumors

        @facebook@?
        Maybe because Apple is doing so much better in the sector in question? Apple has over 24% of the mobile market, compared to Microsoft?s less than 5% From what I have read, WP7SOS phones only account for, at best, 1% of the market. So it would make sense to copy someone with 1/4 the market with only 1 device, compared to having several devices fighting for that 1%.
        Rick_K
      • Good explanation, Rick_k. It does make alot of sense

        @Rick_K
        Now I can see why Apple copies Windows for stuff to put in OS X, because it doesn't make sense to copy Linux, at 1-2% of the market.
        Will Pharaoh
      • RE: Samsung stays mum over Nokia bid rumors

        @giantiago Microsoft is a software company, not a hardware company, and simply has no reason to purchase Nokia, any more than Google has to buy HTC or Microsoft to buy Toshiba when it manufactured the first Zunes for them.

        Apple's strategy results in a limited number of phones and choices, whereas licensing the software lets the hardware manufacturerers take the sales risk and potentially allows for a lot more software licenses.
        jgm@...
      • RE: Samsung stays mum over Nokia bid rumors

        @jgm
        Xbox
        Mice
        Keyboards
        Kinect

        Not really only a software company.
        jessiethe3rd
      • RE: Samsung stays mum over Nokia bid rumors

        @Will Pharaoh
        <i>Now I can see why Apple copies Windows for stuff to put in OS X, because it doesn't make sense to copy Linux, at 1-2% of the market.</i>

        Funny; why does Microsoft copy just about everything that Apple does? The original version of Windows as a copy of Mac OS 1, and they have kept copying ever since. Sure the copies are not exact, nor are they done very well. But the facts all point to Microsoft being the one that copies, not Apple. But you will never let facts get in the way of your inane rants.
        Rick_K