Finnish Nokia has recently held general meeting of the Fair Centre in Helsinki. The company has had a hard time in the recent past, and it has lost market share to competitors such as Samsung and Apple.
During the meeting shareholders and investors made it clear that they were unhappy with the direction that CEO Stephen Elop introduced the Nokia on. It has been three years since Nokia announced that it would leave Symbian and MeeGo, and instead focus on Window Phone as the primary operating system for its smartphones.
Three years with Windows Phone
– You’re a nice guy … and the management does its best, but it’s obvious that it’s not enough, said shareholder Hannu Virtanen to Elop. Are you aware that it is results that count? Your road to hell is paved with good intentions. Please, choose a different path, he continued.
Stephen Elop listened to the criticism, but said that Nokia will not reconsider its current focus on Microsoft’s mobile operating system Windows Phone.
– We are constantly working to make changes. We have a very clear decision to focus on Windows Phone with our Lumia series in today’s war between ecosystems. And it is with the (Windows Phone, reds remarks.) That we will compete against Samsung and Android, said Stephen Elop.
loss – but Lumia sells everything better
When Nokia unveiled figures for Q1 2013, it became clear that the company is reporting a loss for the first quarter. But quarterly figures also revealed that Nokia’s focus on Windows Phone and Lumia range starting to bear fruit.
During the first quarter of 2013, the number of sold Lumia phones by 27 percent to 5.6 million units, compared with the fourth quarter of 2012. Two thirds of the Lumia lurking sold between what Windows Phone 8 phones and Lumia volumes increased in all markets except the U.S.. Nokia now expects an even larger increase in volume in the second quarter.
company expects, however, continued loss in the second quarter quarter.
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