Nokia's Troubles
July 16th, 2004 Posted in Main Page
A little while ago, I talked about how Nokia was struggling to keep up with rivals such as Samsung, LG, Sony Ericsson and Research in Motion. Nokia's poor second-quarter results suggest the Finnish giant has yet to get a handle on the reality its mobile devices just aren't cool as those made by competitors. It's as simple as that. What is Nokia's response?: They plan to lower prices. Sounds like a desperate move. Perhaps one of the most intriguing comments about Nokia was made to the New York Times by META Group analyst Peter Firstbrook, who said “I'm disappointed they still have not come up with a BlackBerry killer. They're not coming up with interesting high-end phones.”
