It’s not hard to notice that Nokia’s once premenient position in the mobile phone market has slipped and while they are still shipping millions of units, they are losing ground to Android and Iphone units.
Nokia new CEO has sent a very brutally honest memo around to all his staff which makes for fascinating reading as this quote alone show
“The first iPhone shipped in 2007, and we still don’t have a product that is close to their experience. Android came on the scene just over 2 years ago, and this week they took our leadership position in smartphone volumes. Unbelievable.”
Its’s well worth reading, just to remind yourself why companies to keep on innovating