Outsmarted by Apple, Nokia Looks to Recover the 'Magic Dust'
Posted in: Mobile & Wireless at 25/12/2010 16:26
For years, Nokia effortlessly dominated the cell phone market. But then Apple and Google muscled in on its turf and changed the game forever. The Finnish company is pinning its hopes on a new operating system, but it might be too little, too late.
Stephen Elop is unavailable. The man they call "The General" hardly ever appears in public. His employees say he's busy, which is undoubtedly true -- busy saving Nokia.
For the last three months, the former Microsoft executive has been at the helm of the Finnish cell phone maker. And, during that period, the company has been inundated with bad news. Elop finally took action last week, when he fired 560 software developers, presumably for proven incompetence.
To read this report in Der Spiegel in full, see: