Will Google Come Through for Nokia Where Microsoft FAILED?
Nokia’s (NYSE:NOK) new chairman, Risto Siilasmaa, said the company has a contingency plan in place if its adoption of Microsoft’s (NASDAQ:MSFT) Windows Phone 8 operating system fails. The statement has prompted speculation that the Finnish company may be considering adopting Google’s (NASDAQ:GOOG) Android software.
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Nokia dumped its in-house Symbian operating system in favor of Windows Phone last year, launching its flagship Lumia smartphone line on the Microsoft platform. The Finnish company will also stick with Microsoft’s updated Windows Phone 8 software, due to be launched later this year. However, when Microsoft unveiled Windows Phone 8 last month, it said owners of current Windows Phone 7-powered devices will not see their smartphones get updated to the new software.
On top of that, the Lumia range has failed to take off as successfully as Nokia and Microsoft had hoped. The Finnish company is nowhere close to regaining the market share it has lost to Apple’s (NASDAQ:AAPL) iPhone and Android-powered devices over the last several months, with its share price dropping last week to its lowest point since 2001. Siilasmaa took over from longtime Nokia chairman Jorma Ollila in May, but faces a tough task ahead. Two weeks ago the company was forced to announce it would cut its workforce by 10,000 to slash operating costs.
With Symbian having being put on the backburner by Nokia, the buzz is that the company may now be looking at the successful Android platform instead.
According to IDC, Android will take 61 percent of the global smartphone market this year, ahead of Apple’s 20.5 percent, Research In Motion’s (NASDAQ:RIMM) 6 percent, and Windows Phone’s 5.2 percent.
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