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| Name | How Is Nokia Even Still Alive? |
| Video Uploader | Video From Logically Answered |
| Upload Date | This Video Uploaded At 25-09-2023 15:00:13 |
| Video Discription | Once upon a time, Nokia was not only the largest cell phone manufacturer in the world, but they were one of the world’s largest companies with a peak market cap of nearly $300 billion. But, ever since smartphones came out, it has only been downhill for Nokia. Nokia went from selling hundreds of millions of phones to tens of millions of phones to selling off their entire phone business to Microsoft. Unfortunately, Microsoft would completely drop the ball on this acquisition and not only destroy the brand but basically shut it down after writing off the entire acquisition price. But despite this dire state, a couple of Nokia executives bought the brand rights for Nokia from Microsoft and tried resurrecting the brand in early 2017 with their first Android smartphone. Since then, Nokia has been able to build a decent name for itself shipping almost 3 million smartphones per quarter. This is only a fraction of their old numbers but far better than 0 smartphones per year. This video explains the fall of Nokia and how the company is trying to make a comeback. Earn Interest From The Government & Top Corporations: (iOS App for US Residents) https://www.silomarkets.com/waiting-list-page Free Weekly Newsletter With Insiders: https://logicallyanswered.substack.com/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Nokia 2:13 - The Fall Begins 5:36 - Microsoft Drops The Ball 9:17 - Nokia Resurrects Thumbnail Credit: Gnana Sai Reddy Vigneshwaran https://youtu.be/ctk4uLtM5tc Resources: https://pastebin.com/TB7jz4u2 Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures |
| Category | Education |
| Tags | what happened to nokia | the fall of nokia | the rise and fall of nokia | the rise of nokia | how is nokia still around | is nokia bankrupt | nokia bankrupt | nokia bankruptcy | why did nokia fail | why did nokia fail as a company | why did nokia lumia fail | why did nokia and microsoft fail | who buys nokia phones | how does nokia make money | how nokia making a comeback | nokia comeback | the resurgence of nokia | the resurrection of nokia | nokia | nokia phones | nokia lumia |
