🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Sanskar

Stealth • 6m

Do you remember Nokia 3310 - the indestructible phone? Nokia was the king of phones between 1998 to 2011 (14 years) but it has now disappeared from the market. So what exactly webt wrong with this giant? In late 2000s there was a shift from featured phone (keypad) to smart phone, Samsung brought Android phones and apple brought IOS phones but Nokia stick with its "Symbian OS" When Nokia realized that its Symbian OS was failing then it do switched but not on Android instead they went on "Windows OS" all this led to the downfall of Nokia. Nokia's peak revenue was once when the company generated approximately €74.63 billion (around $103.9 billion USD at that time) and now Nokia reported net sales of €4.67 billion, making a 19% year-over-year decline. Despite the revenue drop, Nokia achieved a comparable operating margin of 12.8%, which is 8.2% compared from the previous year. For 2024, Nokia projects a comparable operating profit between €2.3 billion and €2.9 billion. Thank You.

0 replies9 likes

Recommendations from Medial

Jaswanth Jegan

Stealth • 6m

"Nokia's Iphone Killer helped kill itself " Billions To Bankruptcy #2 Most Selling Mobile phone to Failure(Nokia) In 1998, Nokia was the fast selling mobile brands globally.Nokia’s profit was about 4 billion in 1999. In 2007 Apple came up with iP

6 replies8 likes

Mr Z
•

Medial • 13h

In 2000, Nokia ruled the world—selling 7 phones every second and owning 70% of the market. But a decade later, it collapsed completely. How did the king of mobile phones fall so fast ? The rise and fall of Nokia, explained: Nokia started in 1865

5 replies35 likes

Mahendra Lochhab

Stealth • 13d

In the year 2024, the size of the Indian logistics market was around 317.3 billion USD. It was estimated that this market would grow to 484 billion USD in 2029.

0 replies1 like

Tech Consumers
•

YouTube • 19d

The invention of the mobile phone began in the 1940s, with early mobile radio systems used by the military and emergency services. In 1973, Motorola’s Martin Cooper made the first mobile phone call using the Motorola DynaTAC, a large and bulky protot

3 replies3 likes

K

Stealth • 7m

•Nokia Technology Strategy 2030: Nokia has identified trends and emerging technologies that will shape technology, networks, and the world for the next seven years. The key trends influencing Nokia’s Technology Strategy 2030 are AI, cloud continuum

0 replies1 like

Mahendra Lochhab

Stealth • 4d

The value of mobile phone manufacturing in India was estimated to amount to 3.5 trillion Indian rupees in fiscal year 2023.

0 replies2 likes

Mahendra Lochhab

Stealth • 6m

The Indian Premier League (IPL) received $6.4 billion from TV broadcasters for its media rights from 2023 to 2027, which is comparable to the US football league NFL. The 2023 IPL final was the most-streamed sports broadcast ever, with 32 million view

0 replies3 likes

Pranav Nirmal on Hiatus

Stealth • 1m

okay idk who'll agree with i think but microsoft's UI in the nokia lumia was the best UI design ever existed

4 replies6 likes

Mahendra Lochhab

Stealth • 4m

The direct contribution of the domestic hotel industry to the GDP was $40 billion last year and is expected to be $68 billion by 2027 and by 2047, it will reach around $1 trillion, stated the 'Vision 2047:

0 replies2 likes

Chamarti Sreekar

Stealth • 1m

Most smartphone makers are using ODMs to make phones Even Samsung uses ODMs Most Motorola phones are ODM-based Many phone makers use ODMs to save costs and produce phones faster so that they can launch them quickly in the market, especially budget