3 ms·

I'm sorry but you're wrong. In 2010 Nokia was still fine[1]. I'm gonna stick to expert market analyst on this one. [1] https://www.macrotrends.net/stocks/chart

• mjg59 6y ago
  In 2010, Nokia was fucked. Series 60 wasn't competitive and the repeated ground-up rewritings of their Linux platform meant it was way behind schedule. The N9 shipped late, and even then only shipped as early as it did because development of the followup device had been sacrificed to put more people on the N9. Realistically, in 2010 it was already clear that Nokia would have nothing to ship in 2012.
• pavlov 6y ago
  I know the linked book "Operation Elop" is a long and occasionally tedious read, but it's worth reading a couple of the initial chapters if you still believe Nokia was fine in 2010. The problems started already years before, but Nokia management was successful for a while in hiding its dysfunction behind the immediate effects of the 2008 crisis.
• nl 6y ago
  2010 Nokia was fine the way 2020 Intel is fine. It could have been salvaged, but there were issues if you know what you are looking at. Even looking at the Nokia finance numbers you posted the issues are clear. Both revenue (-2%) and profits (-6%) are down in a growing market, and the bigger drop in profits is indicative of them losing high end market share.
• macintux 6y ago
  BlackBerry was growing its sales for years after the iPhone, but observers knew that the coyote had run off the cliff, gravity simply hadn’t recognized it yet. Nokia was in a similar boat.