Nokia Had 40% of the Phone Market. What Went Wrong?

At the end of 2007, Nokia sold more than 130 million phones in three months — about 40% of every phone sold on Earth. Less than two years later, Apple was selling fifteen times fewer phones and making more money from them. The usual story is that Nokia ignored the iPhone. But Nokia had a phone with a web browser in 1996 and a touchscreen prototype in 2004. So what really went wrong? If your first phone was a Nokia, which one was it — and what did you buy after it? Tell us in the comments. Subscribe to Tech Fallout for more stories about the rise and fall of technology companies. #Nokia #iPhone #TechHistory #TechFallout