What Happened to Nokia? The Rise and Fall of a Phone Giant.

In 2007, almost four out of every ten mobile phones sold on Earth were made by Nokia. Six years later, it sold its entire phone business to Microsoft for €5.44 billion. This is the story of how a Finnish paper mill became the world's biggest phone maker — and how it lost everything when the game changed from hardware to software. Chapters 0:00 How do you lose everything in six years? 0:39 A paper mill in Finland 1:34 The bet 2:16 Number one 3:02 The golden age 4:08 The phone that changed the game 4:54 Symbian collapses 5:35 The burning platform 6:30 The fall 7:04 The sale 7:47 What's left, and the lesson Sources Market share and smartphone OS data: Gartner annual worldwide mobile phone and smartphone sales reports (1997–2013); Gartner Dataquest via CNN (February 1999). Photos (Wikimedia Commons) Thumbnail uses the Nokia 3310 photo above (public domain). Narration voice generated with ElevenLabs. Music composed for this video. This channel is not affiliated with Nokia, Microsoft, Apple or Google. #Nokia #BusinessHistory #RiseAndFall