Browsing through some finance blogs, I found this at Bloomberg – a chart which depicts the slow demise of Nokia as the reigning phone giant it used to be. The chart was a comparison between Nokia, Apple and RIM with Apple leading the herd and growing 8X larger than the former giant Nokia. When I saw this chart I wondered, what about the rest of the industry? So I went on and scoured the Net and came up with a timeline of what happened in the mobile industry from the pre-2000s to date. Read on for more.
Bloomberg Chart of the Day: Nokia in the Dumps
Things don’t look so good for Nokia, the former mobile phone giant as Bloomberg released this trend chart. The chart focuses on 3 major handset makers – Apple, Nokia and RIM – and reviews their performance from year 2000 till present. Nokia which previously was 14 times the size of Apple, has now shrunk to one eight of the size of Apple. Or is it that Apple has grown? Well it works both ways but the truth remains that Nokia has lost its touch with its consumers. Probably spending too much time trying to be a please-all?
No Comments » | 179 views
