Ewan MacLeod is spot on:
It’s important to recognise that whilst most of the Western media reckons Nokia is completely screwed, this is also not the case.
The company continues to ship a million handsets a day (or thereabouts) and each one of those devices contributes a tiny bit of profit along with a heck of a lot of cash throughput that keeps bankers smiling very, very widely.
Believe it or not, folk actually queued for the N8. Just not in San Francisco or London. So it might as well not have happened as far as the West is concerned.
Sadly the reality is that ... well ... perception is reality. It’s 0% reality and 100% perception in the case of Nokia from the point of view of the West.
I’m around at the following conferences:
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