The Net Times

Nokia loses smartphone share, needs new models—soon

Petri Koskinen of Talouselämä writes (in Finnish) that Nokia needs a quick flow of smartphones: Although the market for smartphones has grown by 40% in Q3 2008, Nokia’s share has dropped from more than 50% to 35% in this segment. The winners? Apple and RIM. The recently released N96 resembles too much the N95, released two years ago. Koskinen wonders how can it be that a giant like Nokia failed to respond quickly to the changing field. According to a theory, Nokia’s software and hardware teams failed to work well together.