Linked by Thom Holwerda on Fri 25th Jan 2013 14:20 UTC
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Member since:
2010-06-01
Go check data first.
Nokia grew (in smartphones) 10% in the last 6 months.
(Smartphone) Industry in same 6 months? 57%.
2y ago Nokia had 29% of SMARTPHONE market.
Now ? 3%
Its fastest demise for any company from Top500 list.
And before you are happy with "profitability"
Avrg. loss made per (Smartphone) handset is around 22%...
Nokia LOSE 1/5 of the price of each Smartphone it sell.
And they do not have stockpile of HQ's for sale.