Nokia chief executive Elop taking heat from investors, blamed to have put company on ‘the road to hell’

Nokia chief executive Elop taking heat from investors, blamed to have put company on ‘the road to hell’
Nokia shareholders criticized chief executive Stephen Elop sharply for his decision to adopt Windows Phone exclusively and not consider other smartphone platforms. As the transitional two years since Nokia went Windows Phone in February 2011 have already passed, investors at the annual shareholder general meeting in Helsing increasingly suggest the Finnish phone maker should look at Android as a plan B.

"You're a nice guy ... and the leadership team is doing its best, but clearly, it's not enough," Hannu Virtanen, a Nokia shareholder told Elop. "Are you aware that results are what matter? The road to hell is paved with good intentions. Please switch to another road.”

Nokia, once a pioneer in smartphones, held on to its dated Symbian platform for too long while Apple’s iOS and Google’s Android, two modern operating systems, developed quickly leaving it in the dust. But Nokia fell off the cliff in the middle of 2011, right after it announced its decision to ditch Symbian and MeeGo, and adopt Windows Phone. Since then Nokia shares have dropped catastrophically.

Chief executive Stephen Elop however only reaffirmed Nokia’s determination to stay exclusively in Windows Phone.

"We make adjustments as we go. But it's very clear to us that in today's war of ecosystems, we've made a very clear decision to focus on Windows Phone with our Lumia product line," he said. "And it is with that that we will compete with competitors like Samsung and (Google's operating system) Android."

Nokia Lumia Windows Phone sales surpassed Symbian for the first time two quarters ago, and last quarter Nokia grew Lumia sales to 5.6 million. A lot of that comes from more affordable Windows Phones that Nokia has introduced, and analysts agree that it’s one area where Nokia can still compete with devices like the Lumia 520.

source: Reuters



1. clevername

Posts: 1436; Member since: Jul 11, 2008

I know a lot of people want Nokia to switch to android, but just a thought here...would it be profitable? Haven't Samsung and apple been the only profitable smartphone manufacturers for a while now? At least until recently. Why would diving into a sea of big fish help? To be cliche, is it better to be the big fish in a small (but rapidly expanding) pond, or the small fish in a big pond ( full of huge, fish eating fish)?

5. tadaa

Posts: 267; Member since: Apr 18, 2013

Great thought. But i bet a lot of people would have bought a nokia asap if it was running android. I wouldn't even be looking at buying a galaxy or xperia if nokia had a phone running android.

15. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Agree. For me would be symbian -> Nokia android as I have only use nokia symbian smartphone. I don't have any problem with Nokia going into android but I refuse to buy windows phone as they have similar constraints as iphone with even less apps support. Now that is history, I am a happy Samsung android user. Might have a change of heart if Samsung abondon Android for Tizan. Might go for Tizan if its better than android. Both are open source.

34. Babert

Posts: 165; Member since: May 08, 2013

I totally agree!

54. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

If Nokia had released a L920 on Android with VZW frequencies, I would own one. But they didn't and I don't. I suspect that Nokia will be able to displace RIM/BB for 3rd place behind Apple and Sammy. Which is kind of fitting - one company who was out of touch with the market is replaced with another company who is out of touch with the market. Meanwhile, Android just keeps going and going and going.

78. akki20892

Posts: 3902; Member since: Feb 04, 2013

u r right dude, if nokia come out with android everyone will buy nokia because we know how nokia make hardware. so i don't see any risk to nokia make android phone and i know it will sell good maybe after some months it will overtake sammy.......!!! still nokia can make WP and Android both....good for nokia.

82. TheRetroReplay

Posts: 256; Member since: Mar 20, 2012

I think Elop has no confidence in the hardware that Nokia produces or even the weight of the name that Nokia carries. No one is switching to Windows Phone because of the lack of apps that iOS and Android offer.

89. ECPirate37

Posts: 346; Member since: Jul 14, 2011

I AGREE! I would LOVE to buy another Nokia phone. Until I switched to HTC with the the Fuze (the freeze, haha), I had always bought Nokia. But, they stopped coming out with anything appealing. We even had a Nokia Flagship Store here in NYC. I would go in to see what was in the pipeline, and even their new "Great" products were woefully behind. (And I'm not saying the Fuze was great, but it had the best qwerty keyboard of everything I have ever had, and I like the back of the phone) I bought the HTC Hero shortly after that, and that was my first experience with Android. I now have the HTC Evo 3D (which I STILL love), and I'm firmly in the HTC camp. I do not plan on buying a new phone any time soon, even though I'm eligible for an upgrade. I plan on using my 3D until it dies. However, if Nokia released an Android phone tomorrow, I would most likely buy that phone tomorrow. Especially if it had their top of the line camera in it.

11. SGSatlantis

Posts: 227; Member since: Jul 20, 2011

What are you talking about? Nokia is already in the smartphone game. So it's better to be the king of the hill of s**t than a general in the Droid army? Nokia makes great HW both low cost and high end, Nokia would sell more phones (both Android and WP) if it joins. It's a win-win situation. Yes Samsung is all the craze right now, but people will get bored eventually and that bubble will burst in 2 years. But Android is here to stay, imo, and WP is still a joke in the smartphone world, besides offering different UI and Nokias cameras they offer nothing new. I say Nokia, come to the party and show that you are not a Microsofts bitch.

19. EXkurogane

Posts: 863; Member since: Mar 07, 2013

I agree with your idea. Now Nokia is using an OS supported, or made by, a software giant - Microsoft. In my opinion Windows Phone will stay relevant. Windows Mobile was a flop, but things have changed now. When GDR3 is out supporting quad core and 1080p this year with Nokia slapping in quality camera into their phones, the real race begins. Elop is doing a fine job in my opinion, he shouldnt have killed Symbian maybe, but i think it was done to save cost since Nokia was making huge losses. If Nokia goes back to hundreds of million profit per quarter, i'd personally recommend Symbian being brought back and used in Ashas - and keep staying away from Android. The market needs more variety.

32. SGSatlantis

Posts: 227; Member since: Jul 20, 2011

Playing the WP card and risking everything for the sake of "variety" is foolish. Nokia should adopt Android and take the biggest bite of the pie as they can get, instead of painting their phones bright yellow to get noticed. 1% of Android market share is 200% more than the whole WP smartphone sales.

33. SGSatlantis

Posts: 227; Member since: Jul 20, 2011

I tried to edit my post from 10% to 7% and I past the time limit. The math works out, I'm confident that Nokia can take 7% of Android market share to double its sales.

63. picka_vi_materina

Posts: 174; Member since: Nov 21, 2011

Nokia would be stupid to use Android. Elop is stupid by sitll using WP. He has under Nokia a perfect OS capable of capturing any market, and that is Maemo / MeeGo that everyone loved but Microsoft and Elop hated. And all this idiots here, why in the hell do you want a monopoly? That is the worst possible scenario you want.

65. Dastrix unregistered

I totally agree with EXkurogane. I think it's a little too late for Nokia to adopt Android. Just look at the ecosystem. The only prominent phonemaker for Android is literally Samsung. The rest are just there, hoping to compete with that enormous fish. Let's face it, the majority of people do not walk into a store to ask for an Android other than Samsung, because Samsung = Android. I think that if Nokia realized that Symbian was becoming obsolete earlier, when Android was still in its early developmental stages, it could have become the big fish that Samsung is today. However, it is not the case, that;s why Windows Phone will stay relevant. At least, with Windows Phone, Nokia stands out, because Windows Phone = Lumia. SGSatlantis, you are right though; it is risky, but Nokia is in a better position than HTC actually. Look at where HTC is now. Android = Samsung, WP = Nokia.. So HTC really stands below Samsung and Nokia both ways, even though it does make great phones. That's why Nokia choosing WP only was the best option.

77. SGSatlantis

Posts: 227; Member since: Jul 20, 2011

Nokia is competing with Samsung no matter how you look at it. I understand your logic, want a WP handset, OK, buy a Nokia. Although WP is on the rise, the safest bet was to bombard the market with both Android and WP(meego as backup) and get all fronts covered. I want an Android device, OK, mmm no Nokia, sooo Samsung, LG, HTC, Sony... And I'm not the only one, 70% want Android and only 5% want WP. That is my understanding, you need to view the smartphone market as a whole not just sales between WP manufacturers.

52. tswsabeer

Posts: 16; Member since: Mar 16, 2013

Nokia is a big fish. They won't fit in a small pond like WP which is not growing at all. So today or tomorrow nokia will have to jump into a bigger pond. Let's just hope they are not too late.

56. Aeires unregistered

Good point except for two things. First, the small pond isn't rapidly expanding. It is expanding, but slowly. Second, Nokia can go head to head with Samsung. Nokia's quality is outstanding, they can put a major hurting on SS if they made Android handsets.

73. noim1

Posts: 297; Member since: May 15, 2012

Nokia iS NOT A small Fish ...It is very Huge and Powerful...If Nokia goes Android i am Sure every one with their Plastic Galaxies will switch Phones immediately .... i am telling this bcuz i am a Galaxy S 3 user ...i love Nokia & always have...i chose Samsung bcuz Nokia is not in Android ..thats why there is no other better choice at this time.....Nokia please make some Android Models & Shake the Android Market ....

85. 14545

Posts: 1835; Member since: Nov 22, 2011

I would. I like nokia's, but I hate WP. And Elop is a MS shill who has MS's best interest at heart, not Nokia's. If he didn't then at minimum he wouldn't have dumped their in house OS's so quick with nothing on the windows side coming out for months. He is tool that should be fired. The investor is right to point that out.

70. Reverence

Posts: 224; Member since: Jul 16, 2012

Its like growing in your own use....I never wanted Nokia to have WP or android....if they had combined Symbian with meegoo(Modern day Sailfish), they could have been the leaders! but this idiot elop killed Symbian and meegoo and Introduced those UGLY asha phones just for 1 country and WP8 phones just to please ballmer

2. tadaa

Posts: 267; Member since: Apr 18, 2013

I thought that nokia was slowly rising again. Must be a slap in the face for elop to have that said to him directly. Best to them though

3. Edmund

Posts: 656; Member since: Jul 13, 2012

One troll in the audience and phone arena runs with a "sensational" headline. Gutter-journalism at its best. I agree that both Nokia and Microsoft need to lift their game and deliver cutting edge technology in a timely manner, but the decision by Stephen Elop and the Board of Directors to go with WP is hardly "the road to hell".

7. tadaa

Posts: 267; Member since: Apr 18, 2013

He appears to be quoting the executive so it is unfair to criticize the him for that statement

16. SGSatlantis

Posts: 227; Member since: Jul 20, 2011

Aww come on, you know if the sentence starts with "You're a nice guy ..." you're in trouble. And is he the only "troll" criticising his decision to be Windows exclusive?

4. fsahin

Posts: 46; Member since: Mar 17, 2012

There lots of ignorant CEO many companies, Elop is not unique.

29. cameogt

Posts: 88; Member since: Oct 18, 2012

can you be a CEO then?

57. fsahin

Posts: 46; Member since: Mar 17, 2012

No but you are!

6. Nathan_ingx

Posts: 4769; Member since: Mar 07, 2012

With the new range of Lumias, i think Nokia has a good bargain. I'm sure the low-mid trio will help them up.

8. galaxymega6.3

Posts: 33; Member since: May 08, 2013

Nokia is so late for everything, heavy bulky, and sub par spec, with sub par design, and now still refuse android? May rest in peace Nokia

37. LumiaLover

Posts: 237; Member since: Sep 27, 2012

we will see samsung troll

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