Who killed Nokia?!
Believe it or not! The one who killed Nokia is Nokia!
Nokia was not telecommunications or Electronics Company, It started in 1865 with wood and paper manufacturing. After the World War II it started getting into the field of telecommunications or electronics. They produced their first mobile phone in the late 1980s, they became the most famous company and their phones used to be sold all over the world, despite the presence of a great competitor such as Motorolla which was in control of the US market. But Nokia was still the favorite brand for the rest of the consumers all over the world.
Nokia became the pioneer in the mobile market with the bestselling, but in the next five years those phones suffered from some issues, which made the throne of the giant company in the market vibrate for the first time.
When Apple announced releasing the iPhone for the first time with the concept of smart phones, Nokia failed to make their phones comparable to the iPhone in its capabilities and features and they didn't even solve the issues that had appeared in its phones.
The emergence of Samsung and its entry into the smart phone industry confused Nokia because Samsung did not start from scratch but tried to start from where Nokia ended, and nevertheless Nokia didn't even try to change its policy
- When Nokia woke up from its coma, it tried to restructure its management in an attempt to keep pace with the market, but did not achieve results because of the decline in the share price of Nokia to less than 4$
Nobody killed Nokia!
Nokia Killed itself when it decided to stuck to its windows operating system even after noticing its inability to compete with Android and iPhone.
In the end the CEO of Nokia said "the company had stopped its activity and sold it to Microsoft and ended completely".
You will not only fail when you make mistakes, but you will fail once you stop following consumer requirements and ignore following your competitors or trying to catch up with them
In other words, you won't lose the race only if you moved few steps back, but also lose if you stopped running forward.
Nokia was not telecommunications or Electronics Company, It started in 1865 with wood and paper manufacturing. After the World War II it started getting into the field of telecommunications or electronics. They produced their first mobile phone in the late 1980s, they became the most famous company and their phones used to be sold all over the world, despite the presence of a great competitor such as Motorolla which was in control of the US market. But Nokia was still the favorite brand for the rest of the consumers all over the world.
Nokia became the pioneer in the mobile market with the bestselling, but in the next five years those phones suffered from some issues, which made the throne of the giant company in the market vibrate for the first time.
When Apple announced releasing the iPhone for the first time with the concept of smart phones, Nokia failed to make their phones comparable to the iPhone in its capabilities and features and they didn't even solve the issues that had appeared in its phones.
The emergence of Samsung and its entry into the smart phone industry confused Nokia because Samsung did not start from scratch but tried to start from where Nokia ended, and nevertheless Nokia didn't even try to change its policy
- When Nokia woke up from its coma, it tried to restructure its management in an attempt to keep pace with the market, but did not achieve results because of the decline in the share price of Nokia to less than 4$
Nobody killed Nokia!
Nokia Killed itself when it decided to stuck to its windows operating system even after noticing its inability to compete with Android and iPhone.
In the end the CEO of Nokia said "the company had stopped its activity and sold it to Microsoft and ended completely".
You will not only fail when you make mistakes, but you will fail once you stop following consumer requirements and ignore following your competitors or trying to catch up with them
In other words, you won't lose the race only if you moved few steps back, but also lose if you stopped running forward.