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Shareholders express their dissatisfaction with Nokia policy guidelines


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Shareholders express their dissatisfaction with Nokia policy guidelines


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POSTER: computer news   ||   SHAREHOLDERS EXPRESS THEIR DISSATISFACTION WITH NOKIA POLICY GUIDELINES

DATE:2013-05-09

At the annual meeting of  Nokia shareholders, many  tried to express dissatisfaction with the actions of the current CEO Stephen Elop ,  insisting on the continuation of cooperation with Microsoft in the software platform for smartphone of  the Finnish manufacturer.

Switching to Windows Phone, which began in 2011, was supposed to take two years under the original plan.  This period came to an end, but the results of Lumia smartphone sales on the platform against the success of competitors can not satisfy  Nokia investors.  Shares of the company fell to 2.72 euros per share, while in 2000 they cost 65 euros.  Some shareholders continue to hold Nokia securities .  

Despite the criticisms of the public, Elop at the annual meeting of shareholders once again confirmed the intention to use  Nokia Windows Phone in the near future.  According to him, the company has made the right choice, and it is now helping her fight against competitors.  Analysts now linked Nokia chances  to strengthen the market position  only in the segment of inexpensive smartphones that are gaining popularity in the markets of developing countries.


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