Devices · 1h ago
Nokia Saw iPhone Threat Within 24 Hours, Internal Docs Reveal
Nokia sold its billionth phone in 2005, dominating the mobile market for 14 years. Internal documents show Nokia engineers recognized the iPhone's threat within a day of its 2007 unveiling. Despite early awareness, the company sold its handset division to Microsoft in 2014 for a fraction of its peak value.
Meridian48 take
The story underscores how even prescient incumbents can fail to execute against disruptive innovation, a cautionary tale for today's tech giants.
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Nokia’s 14 Years of Mobile-Phone Supremacy Ended in an Afternoon →
IEEE Spectrum
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