Nokia Shares Drop 14% as Staff Walk Out

Mike Halsey MVP
Feb 12, 2011
Updated • Nov 30, 2012
Mobile Computing
|
5

Nokia is having a turbulent week, first the CEO's secret email to staff about the company being in trouble is leaked to the press, then they announce an historic strategic partnership with Microsoft to exclusively use Windows Phone on its high end smartphones.

Many employees didn't like this announcement though, primarily the 1,500 workers employed on the Symbian side of the company who are now worried about their own futures. Many of these workers all took advantage of flexi-time to leave work early yesterday, apparently in protest at the wholesale move to Windows Phone.

Bloomberg reported that shares in the company fell 14% today, which is the largest drop for the company since last summer.

It's not all bad news though, as the first concept image of a Nokia Windows Phone have leaked to Engadget, you can see it below.  I think you'll agree that if Nokia release handsets that look this good then the fortumes of both Nokia and Microsoft can be turned around.
nokia shares
Nokia has had mixed fortunes in recent years and its CEO was forced to admit they'd fallen years behind their rivals.  While the company was working on a new smartphone OS, MeeGo, it could never have had it market-ready in time to get back in the race.

Nokia is still the world's largest phone manufacturer and needs to maintain this position.  So far uptake of Windows Phone has been lukewarm.  This is due to a combination of factors that include smartphone fatigue, Android's current dominance and a poor set of enterprise features.  Nokia is the partner Microsoft need to make Windows Phone trendy.  It looks very much from this image that Nokia will not be letting them down.

Advertisement

Tutorials & Tips


Previous Post: «
Next Post: «

Comments

  1. Rush said on August 28, 2023 at 9:50 pm
    Reply

    If Nothing OS is nothing more that an overlay with Google still in the midst….then I ain’t interested.

    1. Seeprime said on September 12, 2023 at 4:12 pm
      Reply

      Another unrelated comment older than the article. Pathetic.

      1. Robenroute said on September 13, 2023 at 9:06 am
        Reply

        it is becoming mindbogglingly annoying indeed…

  2. ThisIsTheWayTheGhacksEnds said on September 13, 2023 at 9:09 am
    Reply

    Under: https://www.ghacks.net/2023/09/12/iphone-15-with-usb-c-port/

    Apple was forced to add USB-C to a phone and the maccultists start talking about “revolution” and “paradigm shift” (as if USB phones had never come out before). It’s so ridiculous it’s reminiscent of comedians doing the “stepped on a water hose” stunt – that was at least somehow funny a hundred years ago.
    Reading this on a site that used to be a technical resource is especially ridiculous.
    How pathetic

  3. Anonymous said on September 14, 2023 at 4:28 pm
    Reply

    “An iPhone 15 with a USB-C port will mean more than you think”

    That Apple can finally stop hindering progress if spanked hard enough ?

  4. Alex Hales said on September 21, 2023 at 12:51 am
    Reply

    I’m thrilled to see Instagram taking steps to enhance the user experience with features like Live Activities. This update is a game-changer, especially for those who frequently upload content on the platform.

    The ability to track upload progress in the background is a simple yet incredibly useful addition. It not only keeps users informed about the status of their uploads but also allows for a more seamless experience on the platform. No more constantly checking if your post has successfully uploaded or worrying about interrupted uploads due to a weak signal.

    As an active Instagram user, this feature is a relief. It showcases Instagram’s commitment to improving user satisfaction and addressing common pain points. It’s all about making the platform more user-friendly, and this feature certainly accomplishes that.

    I can’t wait to try out Live Activities and enjoy a stress-free posting experience. Kudos to Instagram for continually innovating and making our social media lives easier!

    Keep up the great work, Instagram, and thanks to ghacks for keeping us in the loop with the latest tech updates!

    I am additionally add one more think if you want to watch instagram stories anonymously to visit site storysnooper.com.

  5. Alex Hales said on September 25, 2023 at 6:02 pm
    Reply

    I found this post really insightful! It’s always intriguing to learn about the various ways we can navigate and understand social media platforms. The idea of checking someone’s Threads following list might seem like a niche topic, but in today’s digital age, it can be quite relevant.

    As someone who uses social media regularly, I appreciate the tips and guidance provided here. It’s not just about curiosity; it’s also about understanding our online connections better. This information can help us engage more effectively and stay updated with the content that interests us the most.

    The step-by-step instructions provided in the article are clear and easy to follow. It’s great that the author has taken the time to break down the process, making it accessible to both tech-savvy individuals and those who might not be as familiar with these platforms.

    I also appreciate the emphasis on privacy and ethics. It’s essential to remember that online interactions should always respect the boundaries and consent of others. The article’s focus on respecting others’ privacy is a reminder of the importance of responsible online behavior.

    Overall, this post is a valuable resource for anyone looking to understand more about the Threads following list on social media platforms. I’ll definitely be sharing this with my friends and followers who might find it useful. Keep up the great work, ghacks!

Leave a Reply

Check the box to consent to your data being stored in line with the guidelines set out in our privacy policy

We love comments and welcome thoughtful and civilized discussion. Rudeness and personal attacks will not be tolerated. Please stay on-topic.
Please note that your comment may not appear immediately after you post it.