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Old 04-22-2012, 10:03 AM   #1
Sin and Punishment
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Join Date: Oct 2002
Location: Ohio
Posts: 14,611
Nokia CEO Chalks Up $1.2 Billion Loss to "Competitive Challenges"

Competition's a pain in the backside, especially
when your competitors are launching products
people actually want as opposed to stinking up
the joint with promises of something better on
the horizon. That pretty much sums up Nokia's
business strategy, as the handset maker found
itself in a smartphone holding pattern during its
shift to Microsoft's Windows Phone platform
and the launch of the Lumia 900. As a result,
Nokia posted a $1.2 billion loss during the first
quarter of 2012 and blamed it on "competitive
challenges and seasonality."
A rough start for Windows Phone. What they need to do is release a none cell portable of their device! Oh wait..
Outpostnine is that 1%.
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