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Nokia? Lack of scale? Nokia couldn't compete because they made a string of incredibly poor investment and management decisions, such as the N-Gage, until their
by bartread 5y ago
Nokia? Lack of scale?
Nokia couldn't compete because they made a string of incredibly poor investment and management decisions, such as the N-Gage, until their mobile division was eventually bought out by Microsoft. Even with Microsoft's scale they couldn't turn things around.
The reality is that there were a number of mobile phone manufacturers making lots of really bad decisions whilst trying unsuccessfully to compete with the likes of Apple and Samsung. They aren't gone from the market because they lacked scale: they're gone because they were stupid.
- deleted 5y ago[deleted]
- hadlock 5y agoMicrosoft buying Nokia had nothing to do with saving the company. Arguably, buying Nokia and running it into the ground was an expensive gamble to push Windows 8 Mobile + Windows 8 desktop at any cost. Which was already failing before the acquisition was even complete. I'm still stunned the Finish government allowed it to happen. Nokia went from, "probably could turn this around" to "smoking wreckage of a company" in less than a year.
- juahan 5y agoAt least from Risto Siilasmaa tells a different story in his book. He was in the Nokia board in the last good years and then lead the effort to turn things around. If I remember correctly, he writes in his book that at the point of sale to Microsoft, Nokia was already very close to go under. In Finland, it is generally seen that the deal with Microsoft was a complete steal from Nokia, they got much more than the value was at that point and Microsoft even agreed to loan them hundreds of millions to buy full control in Nokia-Siemens networks.