Nokia's Brave New Strategy: Laptops

Nokia sells a lot of $50-$100 phones. In places like India, where I just returned from, Nokia’s ringtone is part of the urban soundscapes. It accounts for about 40 percent of total global handset sales. Much like McDonalds and Coca Cola, Nokia is everywhere. (Except in the U.S., but that is a whole different story.) Like those big, lumbering mature companies, it is unable to move nimbly.