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The whole world was watching when legendary Apple CEO Steve Jobs launched the iconic iPhone in 2007.Mobile was the future. Apple knew it (and rebranded itself to reflect it). And Nokia had a fight ...
A Nokia internal presentation on the launch of the first iPhone in 2007 has recently been made public. Nokia saw the new device as a major threat to its products, citing its touch UI and cool factor.
At its peak, Nokia held 50% of the phone market. But the iPhone showed how slow Nokia was to adapt. By 2013, Nokia sold its phone unit to Microsoft, a sign of its fall in the tech race.
How Nokia went from market king to cautionary tale: Explainer The years of dominance At the start of the 2000s, Nokia was the undisputed leader in mobile phones. Known for durable hardware and ...
The day before the iPhone launch, Nokia had around a 50% market share in the mobile phone business, with no other company coming close. Not only was the company financially dominant, ...