Nokia's Biggest Mistake Causes Its Downfall
After reaching a leading position in the relatively new mobile market and becoming the best-selling mobile phone company in the late 90s, Nokia faced a devastating ending in 2013. For a company as big as Nokia once was, this was a rapid and unexpected failure that hit its top management so hard that the very last speech of the company's CEO ended with the famous phrase that the company didn't do anything wrong, but, somehow, it lost!