By: neer

They also cite multiple Nokia management levels above outsourced R&D efforts to be causing up to 90% management overhead in engineering projects. There is a saying in Sweden when I used to live there, there are government bureaucracies that yearn to be as monolithic and useless as Nokia. Having read up on MeeGo, I noticed that the project was launched almost one year ago. Which means that a great number of people at Nokia arent even aware of it. Yes, it moves that slowly. Peter brought up Yahoo which is another example of MS rotting a company from the inside. Yahoo at least put up a good fight and MS had to send in Carl Icahn... Nokia's desperation could be seen a mile away. This move is cute but ultimately wont do much. Nokia has put ALL their eggs in the same basket, putting the company's neck on the line with the hope that the 1billion dollar worth of hype Windows Phone 7 bought can do for them what it hasnt done yet. Considering the track record of failures like Kin, Zune and Xbox (yes, theyre not losing billions like the first version but a 56% failure rate is appalingly bad), the horribly received Vista and its meh service pack 2 called 7 and the fact that MS has closed over 50 (this is ballpark but I remember the list and its was in that range) projects/depts in teh past 2 years, there is nothing in MS recent past that suggest that their mobile strategy will fare any better. The most success MS has had in the field is their extortion racket in which they get Samsung, LG and a few others to pay THEM money for their Linux based phones because they claim it infringes some IP they never specify. (if someone came up to you and said "You have a lovely store here, it would be a shame if something like a fire where to happen. Pay us and we will make sure", you would call them by their real names). Ive seen many big too big too fail tech companies like DEC go from leader to has been that IM not surprised at Nokias demise. It truly is a shame about Nokia.