Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Leaked Nokia Internal Memo: "Burning Platform"

Hack&Lube · 02-11-2011, 06:17 PM

I don't see Nokia rebounding. They are the classic example of the market leader who lost all their market share and leadership position when they were caught off guard by new competitors into the market who were simply better and more efficient than them. Look for Nokia to continuously finish in 9th place in the conference and draft in the 20s.

The memo says it all. Chinese, Taiwanese, and South Korean factories are now pumping out everything from the low to high end. They have acquired all the technology and production methods. They can make 10 good products in the time it takes for Nokia to make one. For every phone they make on WP7, companies like HTC will crank out 5 phones. Nokia has no traction here. They've gotten old in a game where you stay on top by being the next newest thing. They've going to lose the low-end market on price. They've lost the high end market to Apple and Google and a little to RIM. They've lost the middle ground on lack of innovation. They are a burning oil rig that is going to turn into a BP oil spill.

Tech companies of that type rarely ever claw back.

02-11-2011, 06:17 PM	#18
Hack&Lube Atomic Nerd Join Date: Jul 2004 Location: Calgary Exp:	I don't see Nokia rebounding. They are the classic example of the market leader who lost all their market share and leadership position when they were caught off guard by new competitors into the market who were simply better and more efficient than them. Look for Nokia to continuously finish in 9th place in the conference and draft in the 20s. The memo says it all. Chinese, Taiwanese, and South Korean factories are now pumping out everything from the low to high end. They have acquired all the technology and production methods. They can make 10 good products in the time it takes for Nokia to make one. For every phone they make on WP7, companies like HTC will crank out 5 phones. Nokia has no traction here. They've gotten old in a game where you stay on top by being the next newest thing. They've going to lose the low-end market on price. They've lost the high end market to Apple and Google and a little to RIM. They've lost the middle ground on lack of innovation. They are a burning oil rig that is going to turn into a BP oil spill. Tech companies of that type rarely ever claw back. Last edited by Hack&Lube; 02-11-2011 at 06:20 PM.