Nokia has been taking a beating in the world market the last few years. The mobile phone manufacturer was once the top dog in the mobile phone industry. But its failure to adapt to changes in the mobile phone preferences of consumers – mainly from the typical mobile phones to smartphones – has resulted in a dwindling market share. In fact, the situation has gotten to a point where it is leaving certain markets because of poor sales. For example, Nokia has basically left Japan and it also hasn’t released any new phones in the United States for the last couple of years. [Read more…]

Originally posted on October 20, 2011 @ 1:40 pm