“‘We had two pillars we stood on: one was the IT industry, the other one was the paper industry,’ Stubb told Swedish financial newspaper Dagens Industri,” AFP reports. “‘Nalle Wahlroos, president of (Swedish bank) Nordea, described it quite well when he said the iPhone knocked out Nokia and the iPad knocked out the forestry,’ accelerating the fall of paper demand… ‘Yes, Steve Jobs took our jobs, but this is beginning to change,’ Stubb said.”
“The main symbol for Finland’s economic difficulties was the fall of Nokia, the one-time world leader in mobile devices, which in April sold its loss-making handset business to US software giant Microsoft,” AFP reports. “Stubb, a champion of liberalism and European integration, warned that he could not promise an immediate shift in the economic landscape. ‘We shouldn’t create the illusion that the state can create growth,’ Stubb said.”
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Death is very likely the single best invention of life. It’s life’s change agent. It clears out the old to make way for the new.
– Steve Jobs