Nokia is in a pickle. Its share value is down 80%, it left the Top 100 Most Valuable brands; the hearts and wallets of millions of customers are evidently open to Apple, Samsung and Google. According to Tom Long of BMO Capital Markets, its brand is worthless: “We see little hope for a turnaround from here even with a refined strategy.”
When more than 60% of the phones on the planet are Nokia-branded and you account for more than 30% of smartphones currently sold and you’re still flailing, you need a bigger cause than, “our entire focus is on creating and selling really cool phones.” That doesn’t cut it…click here to read ahead

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