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Nokia Faces Long, Painful, & Uncertain Recovery

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Barbara Jorgensen
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Nokia's future uncertain
Barbara Jorgensen   4/11/2012 3:28:51 PM
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I don't like to kick a company when it is down, but blaming the competitive environmant (twice) and the macroeconomic environment (at least once) isn't going to garner any sympathy from analysts and shareholders. As Bolaji points out, Nokia was No. 1 in its market, and as such competition is the one thing you can be certain of. Nokia's competitors operate in the same competitive environment. Things are tough all over. Deal with it.

Bolaji Ojo
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Re: Nokia's future uncertain
Bolaji Ojo   4/11/2012 3:39:53 PM
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Barbara! :) The company appears to be in denial about the likely impact of certain actions. When you dump your operating system and announce you will adopt a rival's but that new products won't be forthcoming for a year, you shouldn't expect customers to hang around. Nokia isn't down because it simply tripped. It is down because of steps taken so far to correct problems at the company. Like you said, the entire market is in turmoil but at least one company isn't complaining.

t.alex
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Re: Nokia's future uncertain
t.alex   4/11/2012 6:35:15 PM
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Blame the korean phone makers such as Samsung, HTC, LG.. They have new products are very fast pace with the latest Android OS. While Android went through quite extensive users acceptance test, Windows OS has to be equally competitive. 

Wale Bakare
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Are Pacesetters Becoming Pacelookers?
Wale Bakare   4/12/2012 5:19:05 PM
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@t.alex i have similar opinion to yours - since android OS emerged that has shrinked smartphone markets to tiny portions to compete for. 

"Windows OS has to be equally competitive" How would you suggest this to Nokia?


t.alex
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Re: Are Pacesetters Becoming Pacelookers?
t.alex   4/12/2012 6:40:24 PM
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Wale, users will compare Nokia against Android and iPhone. They'd better copy all the popular functions fast and ensure all the similar apps are there :-)

TaimoorZ
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Re: Are Pacesetters Becoming Pacelookers?
TaimoorZ   4/15/2012 5:59:40 AM
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Companies like Samsung and HTC that had very little name in the cellphones market emerged out and became market leaders in smartphones category because of using Android platforms in their phones. Do you think it may have been a good move if Nokia had also launched an Android-based phone? I am not saying that they should have abandoned Symbian. But just a parallel range of handsets that had Android.

Wale Bakare
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Re: Are Pacesetters Becoming Pacelookers?
Wale Bakare   4/15/2012 7:48:02 AM
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You are right on Samsung and HTC. Not only them are contributors to market debacle for Nokia, even ZTE originally started as 3G mobile broadband dongle maker, now the company is also producing mobile devices aside dongle device.

Even Huawei has also joined in the fray - focusing in Africa market, where Nokia and BB have certain proportions of market fan base but now both ZTE and Huawei are operating fine in Africa with affordable mobile devices, also of good quality. I believe, developing the region may also make market situation better --- ZTE for instance, is diversifying into greener power generation for telecom service provider in part of Africa. That's another strategy i think may help sustainability.

Had Nokia launched its mobile devices on Andriod? Well, i dont think it that would have contributed enough to Nokia's market situation.

 

 

Himanshugupta
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Re: Are Pacesetters Becoming Pacelookers?
Himanshugupta   4/17/2012 7:02:37 AM
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Nokia is dealing with fierce competition in all the segments. While in lower price handsets local maker are giving tough time in developing markets so in the smartphones Nokia has been unable to capture the market.

I used to think that Windows-Nokia can be a winning combination but i am rethinking my stand that Nokia could profit more from the Android ecosystem.

Wale Bakare
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Re: Are Pacesetters Becoming Pacelookers?
Wale Bakare   4/17/2012 7:25:09 AM
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I believe Nokia can compete well and emerge successfully, its track records in mobile phone business more than enough to face the battle there - developing markets. Nokia - Android partnership? For me i can hardly foresee success in the romance. Well had it stuck its gun to Symbia and engaged Symbia developers painstakinly that would have probably be better. That's my thought.

FLYINGSCOT
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agreement
FLYINGSCOT   4/12/2012 5:59:24 AM
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I wish I could argue with your article Bolaji but I cannot.   I reckon your opinion is sound and I do not expect great things from Nokia any more.  The competition from low cost Asian phone suppliers and US/Asian smart phone suppliers has Nokia painted into a bad corner.

_hm
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Innovation is the key
_hm   4/12/2012 7:01:28 PM
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The gist of story is innovation is the key to success. Dynamic technical leader is very essential for success of today's orgnization. When people looks from other aspect, they become laggard and miss train and loose market share.

 

Bolaji Ojo
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Re: Innovation is the key
Bolaji Ojo   4/12/2012 11:54:32 PM
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Dynamic leaders too never take their eyes off the ball! The competition needs only get lucky once, current leaders have to be lucky all the time. This reality was lost on Nokia as it was on previous market leaders. By the way, I believe Nokia isn't anymore the news. The watch is on for what will happen eventually to the current market leader.

_hm
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Supply Network Guru
Re: Innovation is the key
_hm   4/13/2012 6:57:00 PM
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Vision, future technology and dreaming is very important part for success of innovative products. Also organization should be very transperant and supportive of unusual, crazy, chimerical ideas. If organization continue this with importance of engineering and relevant branch, it survives much longer at top position.

 

TaimoorZ
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Re: Innovation is the key
TaimoorZ   4/14/2012 11:11:58 AM
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"The competition needs only get lucky once"

@Bolaji: What do you think the competition was lucky at in Nokia's case? I'd say that the competitors were lucky to enter into touch-screens while Nokia was very late to develop touch based phones. I think that's the the only turning point I can see in Nokia's case.




Anne
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Re: Innovation is the key
Anne   4/22/2012 5:01:19 PM
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@hm,

I agree with your opinion, what Nokia need innovation.

Anne
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Re:
Anne   4/22/2012 4:59:19 PM
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Nokia need to amend its plans in order to be a player in the competitve smartphone market. They need to come up with a really disruptive, innovative product, or a huge marketing budget to create customers demand.

pocharle
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Re:
pocharle   4/22/2012 5:10:39 PM
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Someone forwarded me an article where European's are grim on Mokia and its new flagship product, the Lumia. I wonder if the issues mentioned in the article will actually come to fruition.

http://www.csmonitor.com/Innovation/Horizons/2012/0418/Nokia-Lumia-faces-hurdles-in-Europe-report



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