Nokia`s tryst with destiny ended as Microsoft bought this towering mobile making giant.
Nokia is a Finnish company which is the second largest mobile handset maker by 2012 quarter,after Samsung .
Nokia ranked world`s largest 274th country with estimated annual revenue to the tune of €30 billion.
Let us analyse the impact of this deal on international and Indian market in particular.
Why Nokia lost the craze ?
Until 2-3 years back Nokia was a Common -Man`s mobile even resisting cheap Chinese mobiles.
Nokia loss is due to non- switching to the smart phone market which the Samsung ,Micro max and others have done swiftly.
This technological backdrop was huge on Nokia which comprised only 3% smart phone market.
People today are more inclined to the Touch screen features and greater number of android applications.
As Nokia continue to rely on the Symbian and failed to hug the android,it sales fell sharply.
How big is the Window of opportunity for the Microsoft ?
Microsoft still needs to gauze the pulse of android craze.
Microsoft HIGH END Windows enabled phone do not comprise of mammoth shares in mobile market.
A Turtle -shell like hard and economic Nokia 1100 is an inspiration for Microsoft as it was one of the most selling phone.
An equally designed phone which is cheap to buy and robust with latest android versions and dual SIM,at least 5 Megapixel Resolution is the need of the hour for Microsoft.
If that fails then Microsoft tryst with destiny stops at the door without reaching in to every hand or house.