Linux turns 29: The biggest events in its history so far
A year by year summary of the most significant events in Linux's history to date.
The "Osborne Effect" refers to the unintended consequences of announcing a future product ahead of its availability -- and its impact upon the sales of the current product. Here are the eight worst Osbornes we've ever seen.
Nokia CEO Stephen Elop took a big risk by declaring his company of 125,000+ employees as sitting on a "Burning Platform" in a widely-distributed memo which he wrote in February of 2011. Their current line of Symbian and MeeGo-based phones, he noted, were inferior to the products which were shipping by competitors from Apple and the Android OEMs.
Shortly after issuing this memo, Nokia entered a partnership with Microsoft to produce Windows Phone-based devices. Sales of their high-end Symbian and MeeGo-based smartphones have since went in the toilet, and the company as a whole has been struggling to stay afloat.
While their recently released Lumia 900 Windows Phone-based handset has garnered fairly positive reviews, the company's financial situation is dire and is expected to burn through its cash reserves in 2013 unless a miraculous turnaround occurs.
Caption by: Jason Perlow
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