When will we see a Windows phone from Nokia?

Nokia announced earlier this month that it was switching to Windows phone as its primary smartphone platform. The two companies have not yet reached a final agreement; that will be signed in the coming months. In the meantime, we're asking when we'll see the first Windows phone device from Nokia, creator of the world's largest phone for volume.

If Nokia wants to push out Windows phones in mass, the hardware you will need to come down in price, since Windows Phone 7 has minimum specifications to be met by all OEMs. Microsoft has already convinced Nokia that this is possible,

according to Reuters: Elop, said one of the key topics in talks to make a deal with Microsoft was convincing Nokia that it can achieve "a very low price point." "We have become convinced that we can do it very quickly," Chief Executive Stephen Elop said at a meeting with journalists of Finnish affairs.

While selling millions of Windows phones will help Microsoft gain market share in the mobile space and convince so developers can start pushing apps, it will deteriorate slightly the mark if hundreds of Nokia devices is achieved with the minimum as well as to third-world target markets willing to buy cheap Smartphone.

It is important to note that nowhere in Nokia-Microsoft Windows Phone 7 ad is mentioned: the two simply refer to your Windows. It is therefore possible that Nokia will push out 8 phone Windows on its high-end devices.

Regardless of when we will see the first Windows phone from Nokia, the Finnish company is already working on courting developers to Microsoft mobile platform. An email sent to the members of the Nokia Launchpad program obtained from Slashgear shows that they are being promised a free Nokia E7 together with "a free Nokia WP7 device.", when it is available the Launchpad is the program of development of Nokia mobile app, usually at a price of 300 each year but currently free for the first year. The full email is below:

Dear members, Launchpad

In the light of the strategy announcement made by Nokia and Microsoft last week, we are writing to you today to ensure that our commitment to you and your work to develop innovative applications for Nokia devices remains stronger than ever.

We have lots of questions and we want to reassure you that we understand, and we are here to listen to your feedback and provide you with information. Please visit Nokia conversations where you can find a lot of information about new products and http://conversations.nokia.com that may help answer some initial questions.

We are very excited by recent developments, and believe the opportunities of development for Nokia devices are as exciting and lucrative today as ever were. In addition to opportunities in the near future with Nokia and WP7, we have several new benefits to share with you today, intended to help accelerate your business app to reach the 225 million hungry app Nokia smartphone owners throughout the world today.

Today, the Qt developers can drive more than 100 million Nokia devices for their applications, and we announced that we intend to sell another 150 million Symbian devices. Nokia will continue to provide free Qt trainings, to help you learn how to make the most of this sophisticated cross-platform development. We re with enthusiasm so demand, please let us know if you'd like a training set up in your area.

We are also pleased to offer you a free entrance to the forthcoming Summit Developer World/Nokia Nokia this year. We will take care of registration costs.

To assist you with your development tasks in the short term, we will send you a free device Nokia E7 to all members of the program. In addition, we'll send you one free Nokia WP7 device as soon as it becomes available.

To accelerate the development of mobile app, we provide free technical support on all Nokia technologies for the next three months (up to 10 tickets). Similarly, if you want to take advantage of a free evaluation of the User Experience for one of your apps, please let us know and we will work with you to make such agreements.

We will also extend our business development support to all Nokia developer and members of the programme content that they are currently developing applications for Nokia devices, and we will assist you in publishing applications in Nokia's Ovi Store. We will continue to offer ideas and guidelines for ways to promote fully published applications so that you can reap the rewards of your hard work.

If you have any questions, or need help from us in the coming days, we want you to know that you can count on us to be there for you. We are really excited to work with you to discover new opportunities that will lead to future successes.

RIM, Nokia, DoCoMo Dodge Google ' dumb Pipes ' Menace

The growing influence of Google in the furniture industry is demonstrating clearly worrying some device manufacturers and operators, some of which put on a United Front against the search giant during a Roundtable at the Mobile World Congress in Barcelona on Wednesday.

The leaders of Research In Motion, Nokia and NTT DoCoMo spoke about their strategies for working together to tackle the threat.

Nokia aims to "an environment where the relationship between service providers, handset manufacturers and operators are in a proper balance," said Stephen Elop, CEO of Nokia. "Our philosophy is to be the most friendly," he said.

Google presents a conundrum for some of the companies consolidated in the mobile telephony sector. The software helped Android as Motorola hardware makers turn their fortunes around and helped operators to sell more data contracts. But other phone makers such as Nokia, has chosen not to use Android for fear that the platform would corner too much innovation and bring to market.

Google also offers a lot of services for mobile users who prefer to offer mobile operators.

"What is most important for network operators is how to avoid being reduced to a dumb pipe," said Ryuji Yamada, President and CEO of NTT DoCoMo. "There are more sensitive than ever at risk of becoming a garbage dump pipe ... and we are determined to avoid that, by all means".

One way to avoid that fate is for operators to offer smart services from the cloud, he said. But the example he gave was a DoCoMo service that translates languages, similar to the one that Google has shown this same Conference last year, said Ben Wood, an analyst with Insight CCS.

Yamada recognized that such services may be offered by third parties, but does not say much about how the operator could beat Google. "It is a race between these two different fields," he said. "As the network operator, we are in the best position to know what the network is capable of."

RIM seems to be working hard to try to help operators ward off competition from the likes of Google and others. "We might need a Google translation service and a Nokia service but at the end of the day it is better to be a DoCoMo General Services [which directs customers] on their behalf and branding and distribution or the alternative is a bit with a programmable SIM," RIM co-CEO Jim Balsillie said.

RIM this week rolled out some new features designed to help operators hold on to their relationships with customers. For example, offers the opportunity for operators allow customers "gift" or airtime to other applications, with the charges showing on their mobile Bill. RIM also announced that Telefónica and Vodafone would begin allowing users to pay for applications from RIM application store on their regular bills.

Operators want to bill customers because they think that helps to build a relationship with users and why could enable new sources of income. With Apple and Android, for example, most end-users pay for applications with their credit cards through the shops of the respective application, and so the operator does not get a share of revenue from apps.

These days, every time a CEO from a company that provides services to end-users with an operator, the operator is trying to size up the objectives of this society, Balsillie said. Operators are wondering if you can trust the company and its business model has a sustainable business structure for the operator, said.

"The structure of the industry is very much in flux," says Balsillie. Said that the question of what role will the operator is currently the most important industry.

Nancy Gohring covers phones and cloud computing to the IDG News Service. Follow Nancy on Twitter at @ idgnancy. E-mail address is Nancy_Gohring@idg.com, Nancy

Otellini: News Nokia made me swear as Yahoo CEO

When Intel CEO Paul Otellini, received a call from Nokia head Stephen Elop on Nokia moves to Microsoft, he used a word that Yahoo CEO Carol Bartz "is often used."

Reference of Otellini reputation Bartz to blaspheme elicited a hearty laugh from audiences who have gathered to listen to him and others in a discussion panel at the Mobile World Congress on Wednesday. The other panelists were Bartz, Cisco CEO John Chambers and CEO Masayoshi Son Softbank.

Nokia said last week that it will drop and your operating system of Symbian and Meego OS based on Linux is started at Intel with a year ago. Instead, it is said, will build Smartphone using Microsoft Windows phone OS.

Otellini, asked her reaction to the announcement of Elop said: "I understand why they did it. I guess if I was in his position would have done the same or a similar call. "

The move follows a long-term trend in the industry of PC, Otellini said. "You're seeing the last manufacturer fully integrated phone become more horizontal, exactly what we saw in the PC model where people focus on what is good for: chip or software or deployment," he said.

But the net result of move by Nokia will be more innovation, competition and players over time, Otellini said.

Still, the defection of Nokia is great for Intel in the short term. The chip maker has tried to move into the growing market for Tablet PCs and Smartphones, are both dominated by processors designed by arm. Intel said Monday that his chip low-end smartphone, called Medfield, is in production and will ship later this year.

The production of chips is one thing: get the phone manufacturers to use them, another. Otellini confirmed that Intel will processors in smartphones later this year, marking the first entry of the chip maker in a growing market which has been significantly absent. He refused to say who will use the chip, but said, "I think that is going to be pretty exciting."

Otellini said that plans also make an announcement soon about moving production of chips at 22 nanometer fabrication process. That will allow Intel to make faster and more energy-efficient chip as it seems to push its processor Atom in the markets of Tablet PCs and Smartphones.

Such a move will be important to your business: sales of smartphones exceeded shipments of PC and the Tablet PC "has come out of nowhere and he commanded the attention of the industry," Otellini said.

Notebook computers continue to be the main driver, though, with growth of 25 percent last year and expectations of growth of 20 percent this year. PC sales grew 17 percent, with more than one million units sold per day for the first time ever, he said.

"I don't see any development environment any time soon where a machine meets all needs," Otellini said. "But I think at least for the next four or five years, there are likely to see more devices, more form factors simply because people want to do different things with computers.

"And in this world, not win a single device," said Otellini.

Send news tips and comments to jeremy_kirk@idg.com

Google CEO: we tried to convince Nokia go Android

At Mobile World Congress in Barcelona, Google CEO Eric Schmidt has confirmed that his company held extensive talks with Nokia replacing Symbian with Android. The company has tried very hard to convince Nokia to choose Android as its future Windows Phone 7 platform as well.

"We would have liked if Android had chosen. Have chosen the other guys, "Schmidt said his speech. "We have had confidential negotiations with Nokia that were very broad," said the latest reporter during a roundtable. "I hope at some point in the future who will be willing to click Android." Something very innovative was supposed to take place at the Finnish company that occur.

As we already know, Nokia ended up switching to Windows Phone as its primary smartphone platform. As a result, thousands of workers lose their jobs, and at least some Nokia shareholders are offering a plan b.

All things digital has a run-down of the keynote if you want to know what Schmidt said. Larry Page will replace Eric Schmidt, CEO of Google on April 4, 2011.

Shareholders of Nokia plan b give up after 36 hours

Yesterday we reported some shareholders of Nokia offered a plan b for the company who also wrote a long list of suggestions. The Group of nine young Nokia shareholders was planning to challenge the company's strategy and the partnership with Microsoft in the next annual general meeting scheduled for May 3, 2011. After 36 hours, however, the Group withdrew.

The nine wanted to change the current management seriously, which included getting the expulsion of Nokia's CEO Stephen Elop. They argued that Nokia will maintain ownership and control of the level of its software products because the software is where the value of innovation, differentiation and shareholder more easily can be created. They also wanted a renewal in hiring strategy, the Elimination of outdated and bureaucratic R&D practices and at all costs avoid becoming "a poorly differentiated OEM".

Now, all that went out the window. Are cited two reasons: for the moment their plan also came to fruition, the most talented software developers to Nokia would've gone, and institutional investors who own most stocks of Nokia have told them that their fiduciary liability through bars them with an activist. You can read the full decision output, aptly named call closes, below:

After reviewing the feedback we received from investors on our plan B, we decided not to continue with it.

In the last 36 hours we were contacted by hundreds of individual shareholders (anywhere from 10 to 400 000 Nokia shares) with a commitment to support us by voting by proxy or in person by attending the AGM.

However, the responses we received from institutional investors were not encouraging. These institutions have a fiduciary responsibility to their clients and are legally bared by supporting initiatives radicals such as seating a bunch of children on board. If you do not agree with Nokia plans, are better simply transfer and put their money into companies that best fit their investment strategy (which is exactly what they did).

We also understand that by the time that our plan b would kick in, most of the remaining software talent in Nokia would have already left the company, so it really would be an uphill battle to collect things from there.

This is from us. It is up to you what to do with your money. We'll stop short of endorsing NokiaPlanC.com or NokiaPlanX.com, even if we think that they are both excellent ideas.

Some shareholders of Nokia offer a plan B, CEO of Nokia

The full letter covers a lot of criticism in regards to what the company is currently planning. The nine should be elected by a majority, want to change the current management seriously. One of the first things they want to do is see the expulsion of Nokia's CEO Stephen Elop.

Their argument is that Nokia will maintain ownership and control of the level of its software products because the software is where the value of innovation, differentiation and shareholder more easily can be created. Also want a renewal in hiring strategy, the Elimination of outdated and bureaucratic R&D practices and at all costs avoid becoming "a poorly differentiated OEM".

If you choose us a majority on the Board will pursue Nokia the following agenda:

* Return the company to a strategy that aims for high growth and high profit margins through innovation and overwhelming products with unrivaled user experience.

* Maintain ownership and control of software of Nokia products. The software is where innovation, differentiation and value to shareholders more easily can be created.

* Hiring strategy Revamp to target the young talent of the top software from around the world. Only if Nokia is able to attract and retain the best talent in the industry will be able to raise the level of innovation that is required to achieve sustained growth and consistently high profit margins.

* Dramatically increase efficiency by eliminating outdated and bureaucratic R&D practices such as geographically distributed software development and outsourcing.

* Avoid at all costs, becoming an OEM poorly differentiated with only low margin, commodity that is able to attract top talent and software cannot create shareholder value though innovation.

If you choose us a majority on the Board of Directors the following Nokia will take concrete actions:

* Immediate unloading of Stephen Elop from his duties as President and CEO of the company. Appointment of a new CEO with an international background of the mobile industry. The new CEO will be committed to pursue the rest of the actions listed below.

* Restructure Alliance with Microsoft as a tactical exercise focused mainly to the North American market. Release one or two Windows Phone devices under a sub-brand of Nokia. Only if the carrier acceptance, sales volumes and profit margins are satisfactory, consider releasing more WP devices and make them available in Europe. Windows phone will be the main development platform for Nokia. Nokia phones running Windows Phone will simply take advantage of existing tools for developers and application ecosystem already put in place by Microsoft.

* MeeGo will be Nokia's primary smartphone platform. This is where most innovation happens. If MeeGo does not bring great devices to the market on an accelerated pace, this strategy will not work. The Smartphone and tablet MeeGo will win top experiences and applications, iOS and competitor of Android-based products. To reduce time to market, will be done all R&D internally and MeeGo in one geographic location. If necessary, suspend the collaboration with Intel and concentrate resources on innovation and release new Nokia MeeGo devices to market faster.

* Increase the duration of Symbian for a minimum of 5 years. Collect the profits of the existing market Share and consumer preference that Symbian is already in Europe and Asia. Use increasingly Symbian to target mid-tier and feature phone segments. Up-selling existing users of Symbian for MeeGo. Concentrate efforts of Symbian in specific countries in Europe, Asia and Latin America where Nokia Symbian enjoy a high level of goodwill of consumers and may be sold to healthy margins.

* QT based strategy Developer with primary focus on MeeGo, but providing a credible story for Symbian Developer. Allow developers to make money with huge installed targeting Symbian based while offering their better user experience on MeeGo platform. All this with a common developer ecosystem that allows writing and releasing the software for Symbian and Meego is interoperability with minimal work.

* End distributed R&D. transition to an installation of R&D of which 90% of all Nokia R&D is done in only two geographical positions. One of them will be in Finland and the other will be defined later. There will be no more R&D projects with resources in more cities and zones. Will be allowed only small tactical software projects to take place outside the two main offices of R&D.

* End of outsourcing R&D. bring all major software and hardware development in-house. Immediate end to the outsourcing facilities where there are multiple levels of Nokia project managers and project leaders of the subcontractor between product managers and software developers (in some cases up to 90% of the team is management overhead). This action implies substantial staff layoffs in Finland and other R&D positions worldwide, as well as the recruitment of talented external key and tactical acquisitions of companies where appropriate.

* Leadership team shakeup. Immediate relief of Tero O.j. npera, Niklas Savander and Mary McDowell from all their responsibilities with the company. Other members of the Leadership Team Nokia can download individual reviews pending with the Board of Directors. Discharged the members of the Leadership team of Nokia to be replaced with the internal and external talent.

* Aggressively recruit young talented software from the best universities. Nokia actively recruiting for visiting top universities worldwide to screen and invite the best students for interviews in Nokia's R&D locations. Establish a path of progression of credible and rewarding technical career in Nokia (to avoid the best talent, leaving the company or to become management overhead). They offer competitive salaries for new talent (if necessary, considerably above the market local wages). Establish Nokia as a company where the best and brightest want to work.

* Specific further actions related to the S40 platform Ovi services will be determined and the company's marketing activities at a later stage.

Nokia CEO: Microsoft us billions, I'm not a Trojan horse

Nokia CEO Stephen Elop, a former head of Microsoft, is to defend the company has decided to move to Windows Phone as its primary smartphone platform and cut thousands of jobs. He told analysts and practitioners that, apart from the benefits of the Alliance that have already been explained, Microsoft is paying Nokia billion as part of the transaction.

"For all unique items that Nokia is contributing, including swing factor, including the decision to make Windows Phone challenger, Microsoft is contributing to substantial monetary value to Nokia Nokia, because we are helping all these unique things," said Elop at Mobile World Congress in Barcelona. "During our investor briefing upon a slide where we had only one row with little green checkmarks saying ' marketing ' and other investments from Microsoft to Nokia. I think some people interpreted as something that should be measured in millions or tens of millions of people, as are most of the transfers of marketing value. In fact, when you look at all the value that we are helping and the uniqueness of what we bring to the table as part of this transaction, the value transferred to Nokia is measured in Bs, not Ms. "

At the event in Barcelona, Elop was also asked if he was a "Trojan horse". Since Elop has worked for Microsoft since January 2008 through September 2010 as head of Business software giants, the obvious implication is that Microsoft he planted to Nokia to steer the company in a direction favorable to the software giant. Nokia has also recently appointed Chris Weber, former Corporate Vice President, us Enterprise leader of Microsoft and Partner Group, as Chairman of Nokia (United States) and head of the markets in North America.

Of course, Elop denied insinuation. "The obvious answer is no," he said. "We made sure that the entire management team has been involved in the process, and of course the Nokia Board of Directors is the only ones who can make this important decision on Nokia. Made the final decision on Thursday night. "

Elop responded also confirmed that Microsoft had quotas, saying that it has stopped selling its shares before the announcement of the deal last week, as required by law. "To me, being the seventh largest shareholder of Microsoft: this is not true," he said. "It would be a significant amount of money that I didn't. When I moved from Microsoft to Nokia, I was legally forbidden to sell my shares. Just that lifted, I started to sell. But when he started our discussions, I had to stop selling yet; the laws are very clear. As soon as the legal restrictions, of course you can sell Lift those quotas. " Elop holds shares of approximately 130,000 worth 3.18 million.

Nokia fans should not see this as a kind of betrayal. As Elop scored his position, it does not matter: the fact is that all Nokia management chosen unanimously Windows phone. What can we say, however, is that since Elop has a close relationship with Microsoft, he will work twice as hard to make sure that the deal completes.

Proposal for a "plan B" Nokia is a recipe for disaster

February 15, 2011-10: 28

A group of shareholders of Nokia sent a public letter with a suggested "plan B" for the company that was developing with the Microsoft deal, CEO Stephen Elop and commit essentially the company strategy, go-it-alone. On paper, looks pretty. In real life, would rush to yesterday, not a path to tomorrow.

The following two tips, taken from the Group's public letter, are the core of what I believe will save the company:

Return the company to a strategy that aims for high growth and high profit margins through innovation and overwhelming products with unrivaled user experience.

Maintain ownership and control of software of Nokia products. The software is where innovation, differentiation and value to shareholders more easily can be created.

To this end, the Group suggests doing away with the Microsoft deal and have a Windows Phone 7 arrangement to focus only on the North American market, standardize on MeeGo smartphone platform, prolonging the life of Symbian, get rid of the leadership team, and essentially doing better overall software development work.

In the ideal world, these are all very smart steps. But the Group ignores one basic fact: Nokia has already tried all this--and failed. MeeGo has been the company's Symbian smartphone platform was slated for a longer life and software development was in-house.

Nokia is not able to do all this, and that is why they are looking for a new direction. What the Group wants to Nokia to do is simple to say, and at this point impossible to do. It would take years and years, not by Nokia. Needs something today, why has signed the agreement with Microsoft.

Change is difficult, but only companies willing to accept their failures will learn from them and go on a new path to success. Perhaps the most obvious example of this technology is IBM, which before was shocked by the death of the mainframe business, then made his bet on PC and go south for it as well. It has rebuilt itself essentially as services, technology and business consulting and succeeded wildly.

Nokia Elop was smart enough to recognize the company needed to go in a new direction dramatically. The proposal "plan B" would relegate the company once again to make the mistakes of his past.

Intel pledged to MeeGo, Nokia despite the defection

Intel has put up a brave face on Monday at Mobile World Congress in Barcelona, insisting that there is continued strong support from it and many companies for MeeGo, the open source software platform that last week Nokia said that he would have dropped in favor of Microsoft Windows Phone 7.

"Intel is disappointed to Nokia, but life goes on," said Renee James, senior vice president and general manager of Intel's software and services, during a press conference. "Our decision and resolve on MeeGo is just stronger."

You pointed out a long list of companies that are participating in the development of MeeGo including competitors Advanced Micro Devices, Texas Instruments and Ericsson ST; operators including Orange, Telefonica and Sprint; and software companies, including Novell and Wind River.

Intel expects to see MeeGo Tablet shipments this year based on its Atom chip, a low-power chips designed for smartphones and other mobile devices. Phones will follow, said James.

Despite Nokia's announcement that it would gradually use of Symbian and MeeGo, it will still send its MeeGo phone this year.

To demonstrate the progress software, Intel showed off a new user interface for MeeGo running on tablets. It is a set of columns that users can scroll. Columns include one called "My Friends", "which pulls in data from friends by Twitter, email and other social networking sites.

Other columns display photos, videos, and recently visited Web pages.

Booth MeeGo Tablet demonstration includes an application that provides users with remote access to your Windows PC or Mac computer, so that any application running on your computer can access it from the tablet. This unit also included demonstration Swype, software that aims to make typing on the touch screen faster.

An Executive from Orange spoke at the press conference, reaffirming the support of the operator for MeeGo. He said that Orange decided prior to support MeeGo because it represents an open environment. "The vision that we shared [Intel] was that this industry needed a truly open ecosystem that provides a level field for all players," said Patrick Remy, vice President of devices for Orange. "This need is still there."

He may have been subtly refers to Android, which is open source but essentially developed exclusively by Google.

Although the first MeeGo phones have yet to reach the market and only a few tablets are shipped with the software, Intel has high hopes. As a minimum, Intel would like to be in third place, from Apple and Android already far ahead, James said.

Despite his enthusiasm, Intel is sure to be negatively impacted by the decision of Nokia. Intel has progressed very little in the mobile market. It probably hoped that support Nokia MeeGo it would sell its low power Atom chip. Now that the creator of the world's largest phone is passed to Windows phone, Intel will lose this opportunity. Windows Phone 7 does not work with Intel Atom processors.

Nokia Microsoft deal leads to shareholder revolt, calling for a "plan B"

Were the celebrations champagne a Nokia-Microsoft partnership premature?

An unnamed group of nine young Nokia shareholders "were also employees at some point today published an open letter to the company of other shareholders and institutional investors, in a nutshell, said that the deal with Microsoft is a bad one for Nokia and that CEO Stephen Elop should be replaced. (Techmeme)

In the letter, the group said it intends to contest the collaboration of Microsoft and the strategy of the company's annual general meeting of shareholders on May 3. He said that he also developed an approach of "plan B" that involves not only replacing Elop but also looks to renew the strategy of hiring company and eliminate "outdated and bureaucratic R&D practices."

These shareholders said they want to avoid at all costs, "becoming a poorly differentiated OEM with only low margin commodities that are able to attract top talent and software cannot create value for shareholders but innovation."

In past generations, a small group of shareholders may have had trouble generating support for a plan that runs contrary to what the leaders determine to be best. But in the modern age of communication, the Group has spread its message virally over the Internet and other calls-from other shareholders to ventilators, employees, users or developers-join the cause by spreading the word through its blog, Twitter and Facebook.

It is not clear whether these shareholders will gain any traction with their efforts-but they seem to be in good company. Financial markets also seem to have a bad feeling about this agreement with Microsoft, which, like Nokia, suddenly you find yourself scrambling to catch up because it failed to respond and innovate fast enough when the market is headed.

It's almost ironic that HP, which has been a long time partner is distancing itself from Microsoft on the mobile front, pushing its WebOS on Windows while the Nokia, which has also seen a decline in its leadership mobile, would turn to Microsoft as his Savior.

Separately, the Mobile World Congress Conference in Barcelona today, Google CEO Eric Schmidt said his company severely tried Woo Nokia and that the two were involved in discussions confidential "extended", according to a Reuters report.

see also:Fear of Google has pushed the collaboration of Nokia-Microsoft

Meanwhile, Nokia Executive VP Mary McDowell told Bloomberg that Microsoft was the only put before the governing body of a vote at the meeting on 10 February, a day before Elop and CEO Microsoft has made their announcement of partnership. McDowell said Bloomberg:

We put three scenarios: continue with the current record, an option of Google and an option of Microsoft but the recommendation that we did to them was the option of Microsoft so that what they have approved.

That report noted that, since then, Nokia shares decreased by 18 percent and wiped out about $ 5.5 billion, or 7.4 billion, the company's market value.

Previous coverage:

Sam Diaz is a senior editor at ZDNet.