Nokia chairman Jorma Ollila announces exit

InvisibleSHIELD.  Scratch Proof your iPhone 4!“The shakeup at Nokia continued on Tuesday as the Finnish mobile phone maker announced that its chairman, Jorma Ollila, would be stepping down in 2012,” David Goldman reports for CNNMoney.

MacDailyNews Take: Hoist that SOS flag before you jump overboard, will ya, Jorma?

Goldman continues, “The announcement comes on the heels of Monday’s resignation of Nokia’s smartphone business chief Anssi Vanjoki. The revolving door of executives started turning on Friday after Nokia said it had hired Microsoft Corp. executive Stephen Elop to replace Olli-Pekka Kallasvuoits as chief executive.”

MacDailyNews Take: SS Nokia. Dispersing Rats.™

Goldman reports, “Ollila had served as chairman for 14 years and oversaw the company’s rise to the top of the mobile pyramid. But he also witnessed the Nokia’s recent inability to keep pace with rivals like Apple… Shares of Nokia (NOK) have tumbled by about 70% since the iPhone was released in the summer of 2007.”

Full article here.

MacDailyNews Take: You could walk across the Gulf of Finland today on the backs of ex-Nokia rats.

25 Comments

  1. The only question is whether Nokia will find a way to compete in the smartphone market, or if they will stick with basic feature phones. The market has moved so fast, and Nokia has been so slow to respond, I wonder what they can do…

  2. Wait a second- he still has AT LEAST another year and a quarter before he goes (and they didn’t say WHEN in 2012 he was leaving, so he could be there another 2 years.

    I guess they’re in no rush to get rid of him after all. ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  3. Mark my words Microsoft will announce a partnership with Nokia who will phase out symbian in favor of Windows 7 giving Microsoft instant play time in mobile communications and access to vendors around the globe.
    It is the smart move

  4. Chairman Ollila could have picked a better time to leave than on the back of OPK. And disappointment aside, what kind of employee is Anssi, if he puts his personal desires ahead of the company’s needs?

    Isn’t this very moment, when Nokia needs as much leadership as they’ve ever had? What kind of leadership are Anssi and Ollila exhibiting by bailing, now?

    Nokia’s smartphone share has come down from over 60% a couple years ago to about 40% now, but that’s a false distinction since most people who get Nokia S60-based smartphones are not even using them like a smartphone. Might as well call Japanese feature phones, smartphones, since they use them more like smartphones.

  5. One last thing, the next thing you should expect from Nokia is rumors of either a purchase, a partnership, or a sale. That’s what desperate companies do, like putting a bandaid on a gushing artery. I expect noises about Microsoft sniffing about to start soon. Nokia is not worth that much more than Yahoo! was when Microsoft was trying to buy them. Two companies without a coherent market strategy is a formula for a hookup.

  6. Apple should buy Nokia for it’s patent portfolio and sell off the low-end no profit phone division to some chump on the street corner (Microsoft, Motorola, Samsung, Dell, HTC and many others would kill for the Nokia carcass even if it were just a howl dry husk) Apple could recover part of the Nokia Purchase cost. Apple should close the rest of Nokia after finding and transferring all the talented engineers and people to Apple.

  7. MDN becomes an uglier site by the day.

    Now all you have to do to earn the epithet “rat” is to be in competition with Apple: I’ve suspected for a while that MDN has totalitarian leanings, but isn’t that a little strong.

    Just as the constant crowing over Adpbe employees being ingrates is only really true for those employees who were around when Apple got Adobe moving by becoming the first major volume purchaser for PostScript RIP in a LaserWriter. Given that Apple gave up on making printers some while ago and Adobe became a diversified software business, the only thing that’s annoying about Adobe is their constant whining about Flash on iOS.

    Apple is a big company, but it will never employ everyone who wants to work the high-tech world and – as we know from companies like PA Semi – some of those people are very talented.

    But, of course, that doesn’t suit MDN’s rabble-rousing “for us or against us” narrative.

  8. Welcome, Adobe astroturfers!

    There was once a time when Adobe truly was an innovative company. Sadly, Adobe today is a shell of its former self. Yes, the company you love is much larger, but its product strategy and performance is in utter disarray.

    Don’t believe me? Why not visit the Adobe User Forums for Photoshop CS5: http://forums.adobe.com/community/photoshop/photoshop_macintosh

    It’s almost a riot in the forums. Users who spent over $1,300 on Creative Suite 5 are furious. Printing, scanning, digitizing tablet interfaces and filters are broken. CS5 crashes from memory errors. Of course, you can take the side of Adobe official corporate apologist Chris Cox who dismissively blames all of the problems on Apple. That might be worth exploring were it not for the fact that Mr. Cox also says the very same things about Microsoft Windows in a similar Windows version CS5 forum.

    Perhaps you are thrilled that the CS5 suite is built on top of – get ready – Flash-based coding technology in a large-scale code rewrite of the suite. The result is nothing less than a complete train wreck.

    The fact is that Adobe, in its hubris, decided it was smarter than everyone else. Instead of using common programming tools for either OS-X or Windows, Adobe went its own way. The results with CS5 are a disaster. If you ask the former Macromedia inventors of FutureSplash and its offspring, Flash, about what Adobe did to their multimedia creation once Macromedia was acquired, they cringe, and explain that Flash was never remotely designed for the functions and direction in which Adobe took it.

    Don’t get me wrong. Flash does interesting things, but it was designed for desktop Macs and PC, not for the Web, and certainly not for hand held devices like the iPhone.

    When I see how far behind Photoshop has become to where it should be at this stage of its life, I become angry. To see Adobe put a great application like Freehand in mothballs, and not even try to have the company’s programmers and systems analysts try to create new code for Illustrator that adds many of its features, I become frustrated. Adobe used to be a company of great inventors like John Warnock or Chuck Geske. Today, it is overrun by MBAs who have no clue what good code looks like.

    Personally, Adobe could use a wake-up call from any company that could mount adequate competition. But I know many companies that are so furious over Adobe’s current offerings that they have no plans to upgrade. So while MDN was being uncharitable and blunt, in this case, I agree completely. Mac users were essential to Adobe’s early success, and through the history of Adobe, Mac-based customers have been steadfast supporters.

    No more. When a company like Adobe turns its back on its users, resentment mounts. Count me among the angry.

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