“Investors are upset that Nokia hasn’t been able to produce a true iPhone rival or take other steps to improve its financial health and are thought to be blaming company leader Olli-Pekka Kallasvuo for much of the trouble,” Electronista reports. “Both Alan B. Lancz & Associates and MKM Partners believe Nokia’s board could be under extreme pressure if there aren’t signs of improvement by the summer, when the N8 ships.”
Electronista reports, “Nokia still has the largest portion of the phone market but has slid to below 37 percent as Apple, RIM, Samsung and other companies have all drawn customers away… Kallasvuo’s performance has been even more in question relating to US performance, as he had promised to address a then-low 20 percent American market share but has left it with just 7 percent.”
Full article here.
MacDailyNews Take: While you’re at it, rename the company Jokia.
