Slump means Nokia needs to change faster says new boss.
Nokia’s smartphone share slumped in the last quarter of 2010, with Espoo’s own estimates showing it fell from a healthy 40 per cent during the same period in 2009 to 31 per cent in 2010.
Sales of Nokia smartphones during the same quarter were actually up 36 per cent year on year. But with Android and Apple both activating over 200,000 new users daily, Nokia seemingly can’t keep up with the pace.
One slice of good news came from Symbian 3, with over 5 million phones packing the new-look OS now in the wild. However, new Nokia boss Stephen Elop has admitted that its quarterly stats make for bad reading and has called for the mobile maker to make swift adjustments.
Saying Nokia had, “…a fundamental competitive problem overall,” Elop added, "In short, the industry's changed and now it's time for Nokia to change faster.”
This year’s MWC promises to be massive for Nokia. MeeGo needs to hit the spot and it must show up with phones that can at least match the slew of Android handsets that will be on show. Can it make a comeback? Tell us what you think on our Facebook and Twitter pages.