Bye bye Symbian

Nokia became a synonym for weak and uninspired business, an opinion the leaving board president Jorma Ollila wants to change. In an interview with the Financial Times he announced a product campaign on tablets and ‘hybrid’ devices (whatever this may be from the perspective of a dumb phone manufacturer). Looking back he reflected that Nokias…

Nokia – down for the count?

Nokia, the deposed king of mobile phones faces three big problems. First and above all, Nokia is loosing money. Lots of money. 2011 to 2012 the overall revenue dropped 29% to 9.7billion USD and is loosing money (18.5% of it’s revenue – read the earnings release here). But why? Nokia’s Net Cash went down 24%…