Manufacturer Discussion : Nokia : Nokia at crisis point, warns new boss Stephen Elop
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Nokia at crisis point, warns new boss Stephen Elop
Nokia's new head has sent an outspoken and frank memo to his staff that suggests the phone giant is in crisis.
Stephen Elop describes the company as standing on a "burning platform" surrounded by innovative competitors who are grabbing its market share.
In particular, he said, the firm had been caught off guard by the success of Google's Android operating system and Apple's iPhone.
BBC News has verified that the memo is genuine
source:BBC
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Posted: 2011-02-09 16:09:33
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I would hardly say they are at a crisis point when they are still top of the market and their n8 phone is selling in the millions. I would say Sony Ericsson are in a worse crisis point.
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Posted: 2011-02-09 18:02:00
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On 2011-02-09 18:02:00, Bonovox wrote:
I would hardly say they are at a crisis point when they are still top of the market and their n8 phone is selling in the millions. I would say Sony Ericsson are in a worse crisis point.
Oh please...was it because you have an N8?
The one who spoked was an Inside Man. And when he said that Nokia is in crisis, then I believe him.
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Posted: 2011-02-09 18:59:24
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nothing to do with what phone I have owned. It's to do with what I see.
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Posted: 2011-02-09 19:36:41
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@Bono
You know more about the company than the head of Nokia? lmao
It is worrying because I was just reading that their meego phone might be cancelled.
http://m.pocket-lint.com/news/38443/nokia-n9-meego-handset-canned[ This Message was edited by: goldenface on 2011-02-09 18:39 ]
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Posted: 2011-02-09 19:36:57
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No,I mean what I see as in where Nokia still is even though yes it's losing market share it is still way ahead the likes of
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Posted: 2011-02-09 19:42:28
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Bono, Why are we talking about
The Nokia head has stated the company is in crisis and meego, its answer to Android and iOS, is years away. That's pretty bad.
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Posted: 2011-02-09 19:48:06
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On 2011-02-09 18:02:00, Bonovox wrote:
I would hardly say they are at a crisis point when they are still top of the market and their n8 phone is selling in the millions. I would say Sony Ericsson are in a worse crisis point.
I disagree. SE were in a crisis in 2008 and 2009 in particular when they were losing money one way. Their problems actually started in 2007. After their restructuring they are definitely in a better place, not completely out of the woods but in a state where shareholders are not in panick mode. They need a good strategy going forward this year and they will look great next year. This year should look better (from Q2) than last year and next year should be close to their best years.
Regarding Nokia, they definitely are in trouble. What notable phones have they come up with last year? The N8 is selling but not like a Nokia would. Their market plus their smartphone share are dwindling with every quarter. The next to follow are profits. It seems like they are about to adopt another OS outside theirs.
They actually remind me of SE when they had their troubles. Not so long ago they (Nokia) retrenched a sizeable number of employees and it looks like some of their management staff is about to get the boot as well. I read that somewhere, don't remember. At least the CEO is candid enough to admit their problems. How they solve those problems is the interesting part.
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Posted: 2011-02-09 20:17:50
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Mr Wood said "this could involve using Android or Microsoft's Windows Phone 7 operating systems".
Might actually consider Nokia if this is the case. To be honest who couldn't see this coming? Nokia with their love of Symbian couldn't let go. And they've invested so much in it, I can see how hard it would be to just to drop it. But it's life is really over. It may have the greatest market share at the moment, due to cheap handsets popular in various countries where high-end smartphones aren't popular. But this will easily change in the future when current high-end smartphones will be much cheaper in two years time, but still relativity modern for that market to afford.
But they seem to be so fixated on Symbian they didn't look around and see how the market is advancing progressively. Now it's sort of a 'can we fix it before it's too late?' question.
Gah, it made me think though isn't it a bit of a shame American companies are taking over the mobile area, Like Apple, Google and Microsoft. I mean 5 years ago phones (bar Microsoft) had they're own software which was styled to their design, and you buy a Sony Ericsson phone you got a part Japanese part Swedish phone. Now you buy one and its Google Android. Oh look over there an HTC with Android. I mean the lack in creativity or what? True that without Android SE would be a crumpled mess right now, but it would be nice to see an other country come out with really popular software for mobile. Not just America, you just take over the world.
Went a tad off topic there!
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Posted: 2011-02-09 20:26:30
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On 2011-02-09 20:17:50, Dups! wrote:
On 2011-02-09 18:02:00, Bonovox wrote:
I would hardly say they are at a crisis point when they are still top of the market and their n8 phone is selling in the millions. I would say Sony Ericsson are in a worse crisis point.
Regarding Nokia, they definitely are in trouble. What notable phones have they come up with last year? The N8 is selling but not like a Nokia would. Their market plus their smartphone share are dwindling with every quarter. The next to follow are profits. It seems like they are about to adopt another OS outside theirs.
What?? The N8 sold about 4 million in the first 4 months!!
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Posted: 2011-02-09 20:26:48
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