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Nokia make a loss in the third Quarter.

Finish mobile phone giant Nokia, has slumped to a loss in the third quarter, with a net loss of £132 million pounds. This is a result of growing pressure from other phone makers  such as Apple and Samsung. If we take a look to the start of the year it was still a big player in the smart phone market with over 22% of the market share, however alot of this has been taken over by Samsung, HTC and BlackBerry.

Its a far cry away for the days back in the early 2000′s, I remember back when I was 11 (2001) getting my first mobile phone a Nokia 3310, They were great little phone that were well designed and user friendly. Oh the days when snake would amuse you for hours, who needs angry birds eh ;)

Sadly this is the mobile phone market, and if you dont adapt quick enough, then you get left behind.

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