A recently uncovered confidential internal presentation reveals that nine individuals within Nokia identified the significant threat posed by Apple’s iPhone during its early days. Despite their realization, the company failed to act decisively, which contributed to its eventual decline in the smartphone industry. The presentation sheds light on missed opportunities and the internal challenges of adapting to a rapidly evolving tech landscape.
Vero’s thoughts on the news:
This article provides a fascinating look into a critical moment in tech history, highlighting the consequences of failing to embrace innovation and recognize market disruptions. The iPhone’s groundbreaking success reshaped consumer expectations and mobile experiences, but Nokia’s inability to respond reflects the importance of agility in product development. For anyone creating in tech, it’s a reminder that even established giants can’t afford to ignore disruptive trends, especially when the warning signs are clear.
Source: Nine people in Nokia recognized the huge threat posed by the iPhone – 9to5Mac
Hash: 0aa1da54da0e2f1a59f0bf1827643a1feaaf37f8dcc108c8d53530c1e61b11cb
