Wednesday, May 8, 2013

Investors require Nokia to start producing smartphones on Android - ITAR-TASS

MOSCOW, May 8. / ITAR-TASS /. Nokia shareholders have criticized the policy of the Finnish company’s refusal to release smartphones based on Android, reports Reuters. According to them, it does not allow Nokia to compete with Apple and Samsung in the smartphone market.

At the last annual meeting of shareholders investors have criticized the policy of the head of Nokia Stephen Elop, regarding his decision in 2011 to produce smartphones on the platform of Microsoft.

“You are a good man – said Elop investor Anna Vitranen / Hannu Virtanen /. – The management team is trying to do their best, but it’s not enough.” “Are you sure that the results are satisfactory? – He continued. – The road to hell is paved with good intentions. Choose a different way, please”.

At the transition to the production of smartphones with Nokia’s own Symbian platform to Microsoft’s Windows Phone should have gone two years that have expired and the current shareholders’ meeting. And, despite the fact that sales of smartphones in the Nokia Lumia Windows Phone 8 operating system have grown in recent years, compared with sales of devices from Apple and Samsung, they remain small.

In the first quarter of 2013, Nokia sold 5.6 million smartphones Lumia, whereas in the previous quarter, sales of these devices does not exceed 4.4 million, however, and now the sales of smart phones from Nokia takes no more than 5 percent market, while Apple and Samsung control more than 50 percent of the market, says Reuters.

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