It’s a very rare occurrence to see men of such caliber comment on issues regarding the mobile industry but Finnish Prime Minister, Alexander Stubb, who couldn’t hold back his feelings on how Nokia went from royal to being an underdog, weeped on how the former mobile giant was murdered by Apple Inc.
Contrary to people’s belief that the rise and rise of Samsung depreciated Nokia mobile phones’ market share, Stubb thinks it is Apple who created more damage on his country’s most successful tech company.
Finland’s economy was recently downgraded from AAA to AA+ by the Standard & Poor ratings agency following the downfall of Nokia, the one-time global leader of smartphones who was earlier this year sold off to Microsoft following several quarters of losses.
“A little bit paradoxically I guess one could say that the iPhone killed Nokia and the iPad killed the Finnish paper industry, but we’ll make a comeback,” the PM was quoted as saying.
Finland had been surviving on it’s paper business for decades but as Prime Minister Stubb said, generational changes effected people to reduce reading in general and to go for tablets instead of paper and hard copy books.
“Usually what happens is that when you have dire times you get a lot of innovation and I think from the public sector our job is to create the platform for it.” Stubb added.