Tuesday, 20 July 2010

The Tale Of Two Smartphone Companies






The Tale Of Two Smartphone Companies

On Jan. 9, 2007 -- the day Steve Jobs introduced the iPhone at Macworld -- Nokia was the biggest cellphone company in the world. It still is today, but a lot has changed since then.
While Nokia still sells more mobile phones than any of its competitors, it has lost most of its mindshare -- specifically in smartphones, where the likes of Apple, Google, HTC, and others have taken off.
What's more, Apple -- despite its tiny unit-shipments market share -- has completely sucked the profits out of the mobile industry, completely humiliating the old guard companies like Nokia.
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