Nokia’s stock is taking a tumble, it was a virtual freefall and Nokia’s CEO Stephen Elop had to step in to halt the bloodbath. All of this, triggered by one rumour that Nokia was in the process of being bought out by Microsoft.
At the D conference, @Selop spoke to CNBC to clear the air about the rumour, calling it baseless and explicitly denying any talks of sale between Nokia and Microsoft. Infact in the 10 minute interview he tried to instill confidence in Nokia and came across as very confident and sure. He clearly believes in the direction he’s taking Nokia and had no problems taking tough questions head on.