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Nokia board backs CEO, new device strategy

updated 04:55 pm EDT, Thu May 6, 2010

Nokia focus on software backed by board

Nokia chairman Jorma Ollila said the company's management is fully supported by the board in focusing on offering services and slowly shying away from hardware, according to a Thursday report. Nokia has began offering Internet services that include music downloads, e-mail and maps. A chief executive at the company admits there is plenty of work left to do, but a solid foundation has been laid down.

The company is under pressure to compete with a smartphone ecosystem such as Apple's, which includes a comprehensive app store and music delivery service. Nokia's Ovi Store and its music counterpart were formed partly as a response but haven't been enough to stop a decline in smartphone market share as the iPhone, as well as the BlackBerry range, continue to gain ground.

The company's recently unveiled N8 smartphone running the company's latest Symbian^3 operating system was given a poor review and was said to have failed to challenge the iPhone.

By Electronista Staff
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  1. rvhernandez

    Fresh-Faced Recruit

    Joined: Apr 2005


    Microsoft to buy Nokia?

    Why not? They both make 2nd rate software and hardware.

  1. iphonerulez

    Dedicated MacNNer

    Joined: Nov 2008


    And another hasty dash to throw

    together a solid mobile ecosystem in a matter of months. Good luck with that when you've got fifteen models of smartphones all running different software. At least the fishheads of Espoo have all the third-world countries in the palm of their hands.

    I guess they'll be the next company to cry foul at Apple's underhanded "walled garden" tactics.

  1. coffeetime

    Senior User

    Joined: Nov 2006


    Apple's Ecosystem

    Apple's ecosystem is all started from the bottom - mp3 music - and made its way upward. For others to catch on, they need a solid foundation that consumers can depend on. Microsoft's success is XBOX that utilizes Windows Server for keeping and compare scores of gaming achievement. That's their foundation that their mobil device should based on. Now XBOX does NetFlix streaming, video downloads, and games downloading just like iTunes (they co-exist with each other pretty well). For Nokia, they need to figure out from the bottom up, not going against the tide like iPhone.

  1. shawnde

    Fresh-Faced Recruit

    Joined: Apr 2008


    That's the end of Nokia ....

    Because the only thing they do well, is make good hardware (but not software) .... this is akin to Mercedes getting out of the car business to focus on parts for VW and Audi !!!!!

    I think if they shift away from hardware, they'll be doomed and have no way to return. I think this is great news for Sony, Samsung and LG, and to some extent Apple.

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