From Bankruptcy To Billions: The Rebirth Of Nokia | Logically Answered

From Bankruptcy To Billions: The Rebirth Of Nokia
Earn Cash Back On Stocks: Up To $5,000 Per Yearhttps://www.silomarkets.com/logicNokia was once the most dominant mobile phone maker in the world. Every year, they generated tens of billions in revenue and they were worth hundreds of billions. But, with the release of the iPhone, Nokia disappeared almost overnightor at least, that’s how it may seem. In reality, Nokia was actually doing quite well even in the smartphone industry controlling as much as 33% of the industry. It wasn’t until a CEO named Stephen Elop came into the picture that Nokia fell off the map. Elop insisted on Nokia using Windows Mobile OS instead of Android and he eventually sold Nokia’s phone division to Microsoft when things didn’t work out, leaving Nokia with nothing. It seemed like this was the end of Nokia, but some longterm Nokia employees were able to shift the company’s focus towards the 5G infrastructure market, giving Nokia a 2nd life. This video dives into the rebirth of Nokia and how one CEO destroyed the company while another saved it from bankruptcy. Free Weekly Newsletter With Insiders:https://logicallyanswered.co/Socials:https://www.instagram.com/hariharan.jayakumar/Discord Community: https://discord.gg/SJUNWNtTimestamps:0:00The Dire State Of Nokia0:32Signs Of Weakness3:44The Man Who Destroyed Nokia11:23A White KnightThumbnail Credit:Gnana Sai ReddyVigneshwaranhttps://youtu.be/ctk4uLtM5tcResources:https://pastebin.com/TB7jz4u2Disclaimer:This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures
Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.
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