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Actually, Nokia as a company is doing rather well. Just the handset business was rebooted.
by ptaipale 9y ago
Actually, Nokia as a company is doing rather well. Just the handset business was rebooted.
- mee_too 9y agoActually Nokia market cap is 30G, while Apple's 750G, 90% of which is "the handset business".
- ptaipale 9y agoSure, but a 30G company is still not exactly small.
- mee_too 9y agoNokia's cap was 300G at one time, it was bigger than Apple when the iPhone came out and it was the leader on the booming smartphone market. They lost a lot of value, fired a lot of people, lost their biggest market - which is not "doing rather well" for a publicly traded business ...