Nokia Owned 40% of Phones. Then It Sold Its Phone Business.

In 2007, four out of every ten phones sold on Earth were made by Nokia, a company from Finland that started out making paper and rubber boots. Six years later, it sold its entire phone business to Microsoft for €5.44 billion. This is the story of how the king of mobile phones missed the moment the phone became a computer — and how Nokia survived anyway. Chapters 0:00 Intro 0:43 The Mill 1:37 The Gamble 2:38 The King 3:52 The iPhone 5:13 The Burning Platform 6:52 The Sale 7:41 The Second Life Sources Nokia on Wikipedia: https://en.wikipedia.org/wiki/Nokia Nokia's rise and fall (Silicon Canals): https://siliconcanals.com/sc-q-how-di... Nokia under Stephen Elop, timeline (MediaNama): https://www.medianama.com/2013/09/223... Microsoft's Nokia write-down (Engadget): https://www.engadget.com/2015-07-08-m... Nvidia invests $1B in Nokia (GSMArena): https://www.gsmarena.com/nvidia_nokia... Stock footage via Pexels; it is illustrative and does not show Nokia's staff, executives or offices. Narration: AI-generated voice (ElevenLabs). Research, script and editing by No Due Diligence. #Nokia #BusinessDocumentary #Smartphones