Thursday, September 22, 2011

Nokia chief: New strategy in 2012 "in full bloom"

Nokia chief: New strategy in 2012 "in full bloom"

Nokia CEO Stephen Elop expected after the sharp drop of the Finnish
mobile phone manufacturer in the first successful collaboration with
Microsoft, from mid-2012. "In one year you will see our strategy in all
its glory," said Elop, the largest Finnish newspaper "Helsingin
Sanomat". In February, Nokia announced that the Group will continue to
cooperate with Microsoft to develop and smartphones running Windows
Mobile 7 will.

The first device with Windows Mobile 7 will be delivered in the fourth
quarter of this year. Strategic changes needed more of their time, Elop
said to the interval since the first announcement half a year ago. It
could not give it the "Big Bang". "I can promise that you will see
inventions and innovations, of which you now suspect nothing."

The Finnish company in competition with other smartphone vendors like
Apple with the iPhone and Android models of various providers lost more
ground. Parallel to slip into the red zone and the massive loss of
market share of Nokia's share price has halved this year in Helsinki
with a loss of 8.03 to end at 4.32 euros, almost.

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