Question
There was a lime When Nokia ruled the world in the mobile communication systems. In early 2000s Nokia has covered the whole globe whether its
There was a lime When Nokia ruled the world in the mobile communication systems. In early 2000s Nokia has covered the whole globe whether its CDMA or GSM phones. It led the new era of mobile communication and had set it monopoly. Around 2008-09, it started to get in the saturation stage and there were no other developments in Nokia as far as new product lines were considered. Apple was in market but it was still for the elite to buy. Then suddenly the era of android phones came in to market with different features. Nokia didn't pay attention and within 2 to 3 years android phones had been able to overthrown to Nokia from the mobile market globally and lastly Microsoft bought the Nokia. What do you understand from the aforementioned case? Which forces of change led to fall of Nokia? Discuss
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