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MacBytes
Dec 14, 2009, 07:47 AM
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Link: Can Nokia Recapture Its Glory Days? (http://www.macbytes.com/link.php?sid=20091214084745)
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ccdan
Dec 14, 2009, 09:22 AM
I'm not sure what the point of that article is. Nokia is still the largest mobile phone manufacturer and it has the largest market share in the smartphone market worldwide. The US is currently just a minor market for Nokia because it doesn't have many products adapted to US customers' tastes (largely "cool" but very simple to use gadgets)

Speedy2
Dec 14, 2009, 02:35 PM
The point? Nokia was once a money-printing machine full of innovation (maybe 3-4 years ago). Now they are in decline. The fact that they still sell a lot of cheap mobile phones in Asia and in Europe apparently doesn't help very much as revenue + profit are shrinking.

Consultant
Dec 14, 2009, 03:51 PM
I'm not sure what the point of that article is. Nokia is still the largest mobile phone manufacturer and it has the largest market share in the smartphone market worldwide. The US is currently just a minor market for Nokia because it doesn't have many products adapted to US customers' tastes (largely "cool" but very simple to use gadgets)

Last time I checked, Nokia spends $4 billion more than Apple per year on R&D, yet makes less money then Apple.

Yeah sure, market share means everything -- if you haven't taken Economics 101.

BackInTheSaddle
Dec 14, 2009, 09:47 PM
It still comes down to having the right product at the right time. The product has to satisfy or exceed the needs and expectations of your customers.

Nokia seems to be heading down the same path as Motorola. Motorola invented the cell phone. They were dominant for over a decade in the industry. They had (and still have) brilliant engineers. But they also have bad management that, through complacency or arrogance, botched the transition from analog to digital phones, and they never recovered from that.

Recently, Motorola's started to make some positive product moves, but Nokia has yet to field anything that is competitive with the industry-leading smartphone products.

Evangelion
Dec 15, 2009, 04:29 AM
The point? Nokia was once a money-printing machine full of innovation (maybe 3-4 years ago). Now they are in decline. The fact that they still sell a lot of cheap mobile phones in Asia and in Europe apparently doesn't help very much as revenue + profit are shrinking.

You sound like Nokia only makes cheap phones. Fact is that they are the market-leader in smartphones as well.