Investors to Nokia: Switch to Another Road
Nokia CEO Stephen Elop is in the hot seat with investors and took fire at today's meeting from impatient shareholders who are waiting for the company's fortunes to turn around. Elop announced Nokia's plans to abandon Symbian, which he referred to as a burning platform, in February 2011. Elop decided then that Nokia would use Microsoft's Windows Phone platform for its smartphones moving forward. At the time, he predicted that the turn-around would take two years. That time has come and gone, and Nokia's share of the smartphone market is still grim. "You're a nice guy, and the leadership team is doing its best, but clearly, it's not enough," said shareholder Hannu Virtanen to Elop. "Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road." Elop defended his decision, citing recent traction with its Lumia Windows phones, but also admitted that there's no Plan B. "We make adjustments as we go," said Elop. "But it's very clear to us that in today's war of ecosystems, we've made a very clear decision to focus on Windows Phone with our Lumia product line. And it is with that that we will compete with competitors like Samsung and Android." Nokia has planned a press conference for May 14, during which it is expected to announce new Lumia smartphones.
no plan b
to bad for the company i was loyal tooo...
hope it does not sink!!!
don't hold your breath
Look at HTC, Sony and LG. Neither of those companies have sold a large number of Android devices. Hell, Motorola didn't do all the well, when compared to Samsung. Why would Nokia have been any different? All the OEMs have produced some quality hardware, yet, any of them still have yet to match or come close to the kind of sales numbers that would save a sinking ship.
HTC is the only OEM of the ones I've mentioned, that stands the risk of loosing a great deal. The bulk of their business...
Android on Nokia hardware would ROCK.
There's room in the market for more than Android and iPhones. There are only two things holding Windows 8 back: a lack of apps, and the bad taste most people have from trying Windows 8 on a desktop/laptop first. It's an amazing smartphone OS, t...