How Nokia Fell from Grace - BusinessWeek

A stark assessment of Nokia challenges – see the link below

What was the most successful European company of the 1990s? Easy: Nokia (NOK). The Finnish mobile-phone manufacturer captured the emerging market for mobile phones and built the industry's most powerful brand. Its handsets virtually defined the industry from the time it launched its first GSM phone, the 1011, in 1992. From 1996 to 2001 its revenues increased almost fivefold, and by 1998 it was the world's biggest mobile manufacturer. In 2005 it sold its billionth handset, an 1100 to a customer in Nigeria.

How Nokia Fell from Grace – BusinessWeek