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Stephen Elop & Nokia Optimistic About Future

October 19, 2012 1 Comment

Nokia is betting big on Windows Phone as they look to re-introduce themselves as a household name again in the states.  During a Thursday earnings call, Stephen Elop sounded quite optimistic and stated that

“This is an opportunity that we look at as quite positive for 2013 as a whole,”
Elop said. “And it begins in Q4.”

We are all hoping that the new wave of devices along with the release of Windows Phone 8 can help the ecosystem gain traction in the market and turn the fortunes of companies like Nokia and HTC.

“There’s a dynamic that we’re seeing and hearing about … and that is increasing
concern amongst operators about the concentration of power that is landing with
two particular ecosystems that are obviously quite strong out there today,”  – Elop

Regardless of what industry we look at no one wants a situation where the market is being run by one or two players. That is the reason why regulators work so hard to try to spur competition and prevent monopolies. These are the kind of conditions that in the end hurt consumers by leaving them without options and at the mercy of the incumbents. In the mobile market over the last year we have seen a situation where the king’s ransom of profits and market share go to Apple and Samsung.

“I think you’re going to see a trend where operators, starting in the West, begin to say, ‘We need a third ecosystem to really begin to happen. We really need to double down on it. We need to cause it to happen.’”  – Elop

The carriers would love to see another player succeed to reduce the leverage that Apple and Samsung can easily exert over them.

Nokia has created exciting new Windows Phone products running Microsoft’s latest OS. Hopefully with marketing and the presence of Windows 8, people will begin to open their eyes to another platform.

 

Source: AllThingsD

 

 

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