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Nokia's Dramatic Profit Warning - Financial Times Analysis

Credit: Financial Times
Published on February 12, 2019 - Duration: 03:27s

Nokia's Dramatic Profit Warning - Financial Times Analysis

Visit the Financial Times at: http://www.ft.com/video for more news on Nokia, Microsoft Windows Phone 7, Android and Apple's iPhone.

June 1st, 2011: A cut in Nokia's margin expectations to zero should not have come as a complete surprise but it does make the first smartphone with the Microsoft Windows Phone 7 operating system crucial.

Lex's John Authers and Sarah O'Connor discuss the implications for the company and Stephen Elop, its chief executive, and consider how Nokia will fare in a market that is dominated by Apple's iPhone and Android open-source OS.

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