CEO Stephen Elop admits Nokia's poor track record, has a plan

09 February, 2011
We just got wind of an internal Nokia memo created by Stephen Elop, Nokia's recently appointed CEO, in which he describes how the reasons for Nokia's shrinking market share and brand preference...

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  • ?
  • Anonymous
  • qZh
  • 09 Feb 2011

I am hoping to see some Android powered Nokia phones by next year . Otherwise Major Android carriers ( HTC , Samsung , Motorola ) will dominate Nokia's market share in two year .

    • g
    • g2
    • 0xN
    • 09 Feb 2011

    My respect to this guy for stating the truth.

      • D
      • AnonD-291
      • vGA
      • 09 Feb 2011

      nokia "lovers" were calling the report by engadget as fake !!
      reason: engadget is biased.... lol .....now what happened??? Even gsmarena published it. major sites like bbc, guardian, europe times, computing.com, pc world, financial times,..etc are also reporting the same news. now what do you say ? they are also biased? why not say the whole world is biased ?

      its in every major news network and Nokia is still not denying it. that means there is some truth in it. now don't say Nokia is doing that on purpose for wanting to be in limelight. coz such "burning platform" news can hit Nokia's market shares hard.

      nokia are trying their best to stay in the race by thinking of adopting an ecosystem rather than making a new one and what do nokia fanboys say? "no that will never happen Nokia should Do this then do that......" as if they know better than CEO of Nokia.

      and for meego fans heres some news from "unbiased" Reuters : nokia drops plans of first meego phone i.e. n9 :

      http://www.reuters.com/article/2011/02/09/us-nokia-meego-idUSTRE71832O20110209

        • M
        • Mubes2
        • wdM
        • 09 Feb 2011

        Best of luck nokia

          • H
          • Human
          • IaW
          • 09 Feb 2011

          The FORMULA to win the market is there and yet Nokia are still so proud and insist on their own way. I am waiting to see when will Nokia loss it's pride. BTW, i sure nokia wont go for WP7/droid simply because their phones' specs too low to support it....

            • d
            • droidsg
            • uH{
            • 09 Feb 2011

            I knew it would happen to Nokia and it did.....I have been waiting for this...

              • M
              • Mube
              • wdM
              • 09 Feb 2011

              Thank god someone saying truth now.

                • ?
                • Anonymous
                • t7X
                • 09 Feb 2011

                After an alleged leaked internal memo from Nokia which reveal the views of CEO Stephen Elop on the situation of the company, we received a response from it.

                Vivian Kobeh, Communications Director, Nokia Latin America, and
                Manuel Gonzalez, Manager of
                Corporate COMUNICACÓN Nokia
                Mexico, we responded as follows: "We do not comment on our internal communications, memos or documents, or their legitimacy (or lack thereof). For clarity on the current view of our CEO of Nokia, we suggest reviewing the transcript of our call about fourth-quarter results: http://seekingalpha.com/article/249092-nokia-ceo-discusses-q4-2010-results-earnings-call-transcript?source = yahoo . "

                  • D
                  • AnonD-1176
                  • PEd
                  • 09 Feb 2011

                  What if they can update current S^3 phones to android (or WP7)......but that is unlikely..

                    • m
                    • me
                    • 3dv
                    • 09 Feb 2011

                    On the positive side. Since Nokia will be moving to either WP7 or Android, the now discontinued S^3 phones will be alot cheaper!

                      • ?
                      • Anonymous
                      • PEd
                      • 09 Feb 2011

                      If Nokia does make the switch to Android....It will be awesome.
                      Imagine an E7 running android!!

                        • m
                        • me
                        • 3dv
                        • 09 Feb 2011

                        Also this is a huge let down for all those Symbian supporters.

                          • m
                          • me
                          • 3dv
                          • 09 Feb 2011

                          This was to be expected. Nokia S^3 phones were no match for iOS/Android offerings. It's a shame really...

                            • ?
                            • Anonymous
                            • 4D1
                            • 09 Feb 2011

                            This guy has balls. Nokia FTW.