Tuesday, May 1, 2012

Nokia is running out of time. Fast

A story published recently by the Wall Street Journal presents a diagnosis of what's ailing Nokia, the world's erstwhile largest mobile phone maker. What is striking about the analysis, apart from its accuracy, of course, is how balanced the author's take on Nokia's predicament is.

Unlike most other stories about Nokia's (and Microsoft's) smartphone misfortunes, this piece by WSJ does not have that "wicked" and "glee-filled, gloating" tone. While the author did not in anyway sugar-coated his analysis of Nokia's problems, he presented a reality-based look at the options that the company may take to get out of the dismal situation.

Indeed, time is running out fast for Nokia. It definitely needs to come up with a "game-changing" device or two in order to reverse its painful decline into oblivion.

Nokia's road ahead is without a doubt going to be increasingly difficult, and getting out alive and well is never guaranteed, after all.

But there is hope. After all, Nokia has got what it needs to survive and prosper.

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