Why did Nokia fail?

According to the book major reasons for Nokia’s decline include a pervasive bureaucracy leading to an inability to act, destructive internal competition and the failure to realize the importance of lifestyle products like the iPhone .

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Are Nokia phones still made?

The Nokia brand returned to the mobile and smartphone market in 2016 through a licensing arrangement with HMD Global. Nokia continues to be a major patent licensor for most large mobile phone vendors. As of 2018, Nokia is the world’s third-largest network equipment manufacturer.

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Why is NOK stock going down?

Nokia stock is likely to slump today following its latest financial report . Key to a meaningful recovery will be for Nokia to beat analyst expectations for its quarterly revenue and earnings per share (EPS), and to demonstrate that it is truly able to compete in the global 5G wireless market.

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