Nokia, one of the largest and most popular companies on the globe has now become a producer in financial difficulties, on the verge of closing down its activity. In the 90s and at the beginning of the 2000s, the Nokia company was "on the wave", it was loved, it had very popular products, it made a lot of money and it had an "iPhone" and an "iPad" tablet, but it didn't know what to do with they. At the beginning of the 2000s, those from Nokia had the prototype of a smartphone with a touch screen and a tablet with the same type of screen, both capable of doing, in general, what we do now with our own devices. Of course, the screens were resistive and not really that great, but at that time it would have changed a lot in people's mentality.
More than seven years before Apple Inc. rolled out the iPhone, the Nokia team showed a phone with a color touch screen set above a single button. The device was shown locating a restaurant, playing a racing game and ordering lipstick. In the late 1990s, Nokia secretly developed another alluring product: a tablet computer with a wireless connection and touch screen—all features today of the hot-selling Apple iPad.
"Oh my God," Mr. Nuovo says as he clicks through his old slides. "We had it completely nailed."
The smartphone from Nokia had a frontal design similar to that of the iPhone, but unfortunately the management team of the Nokia company did not know how to benefit from what it has and now the company is close to bankruptcy. It seems that inside Nokia people were concerned with fighting each other and not developing extraordinary products, and now Apple has taken their place in people's hearts. If everything he says WSJ that's right, then Nokia had a major opportunity in front of it that it kicked, but in those days that was what the people in the company dealt with, they analyzed the opportunities for months until they couldn't do anything about them.
"What struck me when we started working with Nokia back in 2008 was how Nokia spent much more time than other device makers just strategizing," Qualcomm Chief Executive Paul Jacobs said. "We would present Nokia with a new technology that to us would seem like a big opportunity. Instead of just diving into this opportunity, Nokia would spend a long time, maybe six to nine months, just assessing the opportunity. And by that time the opportunity often just went away."
My first phone was not from Nokia, but through Nokia I came to appreciate smart phones, from Nokia I got to the iPhone and, from my point of view, it would be a shame for a company like Samsung to remain on the market while Nokia and RIM would close their doors.
