Nokia: We're Losing the Competitive With Other Vendors

Nokia: We're Losing the Competitive With Other VendorsFinnish mobile phone maker, Nokia, has admitted defeat in the competition's top mobile phone market (high end). Olli-Pekka Kallasvuo (chief executive of Nokia) said that his company had a lot of homework because its stock price declined rapidly.
To overcome this problem, Kallasvuo said that Nokia will launch new smart phones such as the N8. This is so they can compete better than the iPhone and the BlackBerry.
Kallasvuo also admitted to the Symbian operating system used on Nokia phones failed to catch the majority of his opponents. However, the company is improving those factors right now, so he said, without revealing any details.
Currently rumored Kallasvuo Santer was getting ready to leave because the company he led Motorola to compete with its main opponents.