Posted by Tsepz_GP
Nokia shareholders criticized chief executive Stephen Elop sharply for his decision to adopt Windows Phone exclusively and not consider other smartphone platforms. As the transitional two years since Nokia went Windows Phone in February 2011 have already passed, investors at the annual shareholder general meeting in Helsing increasingly suggest the Finnish phone maker should look at Android as a plan B.
"You're a nice guy ... and the leadership team is doing its best, but clearly, it's not enough," Hannu Virtanen, a Nokia shareholder told Elop. "Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road.”
Nokia, once a pioneer in smartphones, held on to its dated Symbian platform for too long while Apple’s iOS and Google’s Android, two modern operating systems, developed quickly leaving it in the dust. But Nokia fell off the cliff in the middle of 2011, right after it announced its decision to ditch Symbian and MeeGo, and adopt Windows Phone. Since then Nokia shares have dropped catastrophically.
Chief executive Stephen Elop however only reaffirmed Nokia’s determination to stay exclusively in Windows Phone.
"We make adjustments as we go. 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," he said. "And it is with that that we will compete with competitors like Samsung and (Google's operating system) Android."
Nokia Lumia Windows Phone sales surpassed Symbian for the first time two quarters ago, and last quarter Nokia grew Lumia sales to 5.6 million. A lot of that comes from more affordable Windows Phones that Nokia has introduced, and analysts agree that it’s one area where Nokia can still compete with devices like the Lumia 520.
"You're a nice guy ... and the leadership team is doing its best, but clearly, it's not enough," Hannu Virtanen, a Nokia shareholder told Elop. "Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road.”
Nokia, once a pioneer in smartphones, held on to its dated Symbian platform for too long while Apple’s iOS and Google’s Android, two modern operating systems, developed quickly leaving it in the dust. But Nokia fell off the cliff in the middle of 2011, right after it announced its decision to ditch Symbian and MeeGo, and adopt Windows Phone. Since then Nokia shares have dropped catastrophically.
Chief executive Stephen Elop however only reaffirmed Nokia’s determination to stay exclusively in Windows Phone.
"We make adjustments as we go. 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," he said. "And it is with that that we will compete with competitors like Samsung and (Google's operating system) Android."
Nokia Lumia Windows Phone sales surpassed Symbian for the first time two quarters ago, and last quarter Nokia grew Lumia sales to 5.6 million. A lot of that comes from more affordable Windows Phones that Nokia has introduced, and analysts agree that it’s one area where Nokia can still compete with devices like the Lumia 520.
http://www.phonearena.com/new[....]ny-on-the-road-to-hell_id42761
[ This Message was edited by: Tsepz_GP on 2013-05-08 13:28 ]
Posted by Del
I know it's been said before but the shareholders are right, and Nokia should look at producing an Android phone, don't hold all your eggs in one basket so to speak.
Posted by goldenface
Doesn't Sony also have all it's eggs in one basket? Unless they have a Vita OS up their sleeves.
Posted by Tsepz_GP
Yep, putting all eggs in one basket that you don't have much control of never works, it's the basics of investment, you just never know which way things may go in the long run. I understand why Nokia dropped Symbian,but they should've kept MeeGo development going, it had so much potential in it. Nokia could've been building some seriously top spec flagships by now with MeeGo and then kept WP for mid to low end, their number 1 mistake was letting MeeGo go.
Goldenface
Sony are sort of lucky in the sense that Android happens to be so successful, but sooner or later they will have to branch out and maybe work with MS or Mozilla.
Posted by Bonovox
Well un UK WP is currently in 3rd place. I know it is not enough but i still think Nokia will survive. I would love to see a Sony Xperia on WP8
