Stephen Elop On-Stage
Rumored as a replacement option for former Microsoft CEO Steve Ballmer, Stephen Elop presented all of Nokia's new products from the Abu Dhabi stage on Tuesday. Elop later told The Wall Street Journal, "The most important signal of Microsoft's pleasure and the momentum we are building is the fact that the Microsoft transaction is happening. You don't make a move like that unless you are happy with the progress being made." Microsoft's $7.1 billion deal to acquire Nokia's device and services department is expected to be final near the beginning of 2014. Elop also said the 18- to 26-year-old crowd has fueled the growth Nokia has experienced over the last four fiscal quarters.