Preview

Nokia's report analysis

Satisfactory Essays
Open Document
Open Document
1038 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nokia's report analysis
背景提要

圖1:諾基亞2008-2012年股價

Nokia was the world's largest vendor of mobile phones from 1998 to 2012. However, over the past five years it has suffered a declining market share as a result of the growing use of smartphones from other vendors, principally the Apple iPhone and devices running on Google 's Android operating system . As a result, its share price has fallen from a high of US$40 in late 2007 to under US$2 in mid-2012.

圖2:諾基亞智慧型手機2007-2012年市佔率(每一點的數字待補)
要看圖說故事!例如:這段時間市佔率降了多少數字、多少百分比

事件整理 ←請補充!!
2008-2010第一波下降:
January 9, 2007: Apple iPhone (1st generation) announced
June 29, 2007: Apple iPhone (1st generation) released
August 29, 2007: Nokia set up their "Nokia Comes With Music" service, in partnership with Universal Music Group International, Sony BMG, Warner Music Group, EMI, and hundreds of independent labels and music aggregators, to allow 12, 18, or 24 months of unlimited free-of-charge music downloads with the purchase of a Nokia Comes With Music edition phone.(為了與iPhone抗衡)

2010-2013第二波下降:
January 2011: Nokia withdrew their "Nokia Comes With Music" program in 27 countries, due to its failure to gain traction with customers or mobile network operators.
February 11, 2011: Nokia's CEO Stephen Elop, a former head of Microsoft business division, unveiled a new strategic alliance with Microsoft, and announced it would replace Symbian and MeeGo with Microsoft's Windows Phone operating system.
Previously increasing sales of Symbian smartphones began to fall rapidly in the beginning of 2011, Nokia was overtaken by Apple as the world's biggest smartphone maker by volume in June 2011.
Here is a SWOT analysis of Nokia, which will reflect Nokia's current position and the things you need to look out for in the future.
Strengths
Nokia still dominates the Windows smartphone market, and even though that market is still quite small, Nokia leads Samsung and HTC with its Lumia line of smartphones. This is a major strength, and if the

You May Also Find These Documents Helpful

  • Good Essays

    Nokia’s CEO, Stephen Elop joined the company and within 5 months, on February 11, 2011, Stephen Elop proclaimed that Nokia was implementing a new mobile phone with Microsoft’s new Windows program, which was unconfirmed as Nokia’s main smart phone. After making this announcement on February 11, 2011, the stock dropped and the share price went down by 14 cents, because the market was not interested in a smart phone that had not proved itself.…

    • 772 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Mission Statement

    • 383 Words
    • 2 Pages

    Nokia has a unique product and although it does well it has been shrinking in the market shares. Nokia hired Stephen Elop as the new CEO was given the task of revamping Nokia’s business and save it.…

    • 383 Words
    • 2 Pages
    Good Essays
  • Best Essays

    HRM587 Course Project

    • 2598 Words
    • 8 Pages

    Nokia Corporation was founded in 1967 as a technology corporation that worked hard in the industry to introduce cellular phones in the market, very specifically in the 1970’s when cellular phones were invented and gotten so much attention from consumers. Nokia was the leader in the market for large number of years until 2007 when smartphones took over the old cellular phones. After 2007 Nokia became the follower instead of continuing to be the leader in the industry, and that is all because their products of smartphones did not have…

    • 2598 Words
    • 8 Pages
    Best Essays
  • Better Essays

    References: Cheng, R., (2014, April 25), Farewell Nokia: The rise and fall of a mobile pioneer, CNET, retrieve from: http://www.cnet.com/news/farewell-nokia-the-rise-and-fall-of-a-mobile-pioneer/…

    • 3103 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Nokia has also announced their partnership with Microsoft in February 2011, also stating that they plan to phase out the existing Symbian OS on all Nokia phones, replacing them with the Windows OS.…

    • 3241 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    Microsoft was once a leader in smartphone operating systems. The introduction of the iPhone and the popularity of smartphones caused a decline in Microsoft’s Windows Mobile. Some of the top cell phone makers who used Windows Mobile, Microsoft’s operating system, are making phones that use Android, Google’s new operating system. Motorola has completely switched to Android, and Dell’s first cell phone, the mini 3, is using Android.…

    • 739 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Microsoft Acquires Nokia

    • 948 Words
    • 4 Pages

    Overtaken in the smartphone arena by Apple and Samsung, Nokia 's board agreed to end the company 's decades-long role as a pioneer and once-dominant player in one of the most revolutionary technologies in modern history.…

    • 948 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Nokia's Failure

    • 5185 Words
    • 21 Pages

    * Cellular-News. 2011. Nokia retains smartphone leadership position, but competitors closing the gap. [Online] available at http://www.cellular-news.com/story/44588.php accessed on 2nd July 2013…

    • 5185 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Nokia is the world’s largest mobile handset maker commanding a 40% share of the global market. The…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nokia Swot Analysis

    • 713 Words
    • 3 Pages

    Nokia, as a company with a 150-year history, has abundant marketing experience, first-class customer service and outstanding large-scale purchasing skills.…

    • 713 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The rise and fall of nokia

    • 5934 Words
    • 24 Pages

    NOKIA was the most successful European company of the 1990s. The Finnish mobile-phone manufacturer captured the emerging market for mobile phones and built the industry 's most powerful brand. Its handsets virtually defined the industry from the time it launched its first GSM phone, the 1011, in 1992. From 1996 to 2001 its revenues increased almost fivefold, and by 1998 it was the world 's biggest mobile manufacturer. In 2005, it sold its billionth handset, an 1100 to a customer in Nigeria.…

    • 5934 Words
    • 24 Pages
    Good Essays
  • Good Essays

    “Filling in the information gaps in agriculture and education with Nokia Life Tools, we strive to…

    • 16700 Words
    • 67 Pages
    Good Essays
  • Powerful Essays

    This paper is written as a part of assignment UNIK4000 - Technology, Innovation and Product Development. This paper is about the Nokia Corporation, its Innovations and the market trends throughout this period.…

    • 2859 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and…

    • 871 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Nokia Marketing Plan

    • 2960 Words
    • 12 Pages

    In February 2011, Nokia entered into a strategic alliance with Microsoft to launch Windows Phone. Since 2008, Nokia’s shares have in succession delisted from the stock market of London, Frankfurt, Paris and Stockholm. On June 15, 2012, due to lack of funds, Nokia sold their assets on a large scale. As a result, the stock continuously slumped, and the market value shrunk massively; it fell back to the 1980’s levels. On June 15, 2012, Nokia announced to lay off 10,000 employees in a worldwide range and shut down many global mobile phone factories, in order to restructure the senior management team. And until now, the only two regions of Nokia’s mobile phone manufacturing plants are Mainland China and South Korea. (baidu.com, 2012)…

    • 2960 Words
    • 12 Pages
    Powerful Essays