Nokia not afraid of iPhone and BlackBerry

Posted on Wednesday, October 07 2009 @ 1:26 CEST by Thomas De Maesschalck
Nokia CEO Oli-Pekka Kallasvuo shrugged off competition from the Apple iPhone and RIM BlackBerry smartphones, claiming his company still owns 40 percent of the smartphone market.
Kallasvuo said: "Our market share in smartphones is about 40 percent, the same market share that we've always had."
He said that while some competitors such as Phillips, Siemens and Lucent have disappeared, others have emerged. "We need to be able to compete with the new people as well," he said. He did not specify how Nokia will compete with the Apple iPhone and with the BlackBerry.

He said: "You have traditional competitors like the Korean and Japanese companies and now we have new competitors like Apple and RIM. We are talking about redefining what's happening."


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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