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Technology Stocks : Mobile Computing - OSs & Manufacturers UNMODERATED
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From: iggyl2/9/2011 10:54:48 AM
   of 3170
 
Nokia’s Elop: Apple changed the game, and today, Apple owns the high-end

9to5mac.com

In a fascinating and bold note to Nokia employees, CEO Stephan Elop talks candidly about Nokia entirely missing the boat on Smartphones since the iPhone was released.

In 2008, Apple’s market share in the $300+ price range was 25 percent; by 2010 it escalated to 61 percent. They are enjoying a tremendous growth trajectory with a 78 percent earnings growth year over year in Q4 2010. Apple demonstrated that if designed well, consumers would buy a high-priced phone with a great experience and developers would build applications. They changed the game, and today, Apple owns the high-end range.
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