Now this saying is outdated and don’t hold ground anywhere as the brand has been successfully kicked out of the mobile phone game by Android
At the press conference meeting to announce NOKIA being acquired by tech heavyweight Microsoft, Nokia CEO, *Stephen Elop * completed his speech saying,
“we didn’t do anything wrong, but somehow, we lost”.
Not just saying that, himself and other top Nokia officials sheded tears at the proceeding.
That is life for you. Nothing remains permanent except change. You can recall that BlackBerry is about facing the same situation after they announced that there won’t be new production of BlackBerry OS devices again
Nokia made a costly mistake by remaining calm thinking that they can compete with Android devices but it was a hard battle for them as Android defeated them home and away. The lesson learned from this is that you should try your best to adjust to the environmental changes. Android OS offers the best experience and features that suites the time we are now. And it keeps on getting better with new Android version updates being rolled out frequently.
Microsoft announced the purchase of Nokia’s phone assets in September 2013 — just weeks after Steve Ballmer said he would step down — and finalized the deal in April 2014.
The total price for purchasing it ended up as approximately $7.9
billion, from an April 2015 filing with the U.S. Securities and Exchange Commission (SEC).
In life, if you don’t upgrade, you will be left out or even eliminated.