How Is Nokia Even Still Alive? | Logically Answered

How Is Nokia Even Still Alive?
Earn Cash Back On Stocks: Up To $5,000 Per Yearhttps://www.silomarkets.com/logicOnce upon a time, Nokia was not only the largest cell phone manufacturer in the world, but they were one of the world’s largest companies with a peak market cap of nearly $300 billion. But, ever since smartphones came out, it has only been downhill for Nokia. Nokia went from selling hundreds of millions of phones to tens of millions of phones to selling off their entire phone business to Microsoft. Unfortunately, Microsoft would completely drop the ball on this acquisition and not only destroy the brand but basically shut it down after writing off the entire acquisition price. But despite this dire state, a couple of Nokia executives bought the brand rights for Nokia from Microsoft and tried resurrecting the brand in early 2017 with their first Android smartphone. Since then, Nokia has been able to build a decent name for itself shipping almost 3 million smartphones per quarter. This is only a fraction of their old numbers but far better than 0 smartphones per year. This video explains the fall of Nokia and how the company is trying to make a comeback. Earn Interest From The Government & Top Corporations:(iOS App for US Residents)https://www.silomarkets.com/waitinglistpageFree Weekly Newsletter With Insiders:https://logicallyanswered.co/Socials:https://www.instagram.com/hariharan.jayakumar/Discord Community: https://discord.gg/SJUNWNtTimestamps:0:00Nokia2:13The Fall Begins5:36Microsoft Drops The Ball9:17Nokia ResurrectsThumbnail 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.
Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/
Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out.
------------------
Learn more about your ad choices. Visit megaphone.fm/adchoices