Economictimes.indiatimes.com – Nokia, BlackBerry, Motorola search for lost glory
“All those historic handset makers like Nokia, Motorola and BlackBerry completely missed the boat when the smartphone arrived,” said Bengt Nordstrom, head of the Swedish consultancy Northstream.
“They missed the touch screen step.” Finland’s Nokia, Canada’s BlackBerry and the United States’ Motorola; they all lost a lot of money in 2013.
Nokia’s handset business, in the process of being taken over by Microsoft, reported losses of 780 million euros ($1.07 billion) last year.