Nokia at crisis point warns new boss Stephen Elop

Nokia’s new CEO has sent an outspoken and frank memo to his staff that suggests the phone giant is in crisis.

Stephen Elop describes the company as standing on a burning platform surrounded by innovative competitors who are grabbing its market share.

In particular, he said, the firm had been caught off guard by the success of Google’s Android operating system and Apple’s iPhone — via richardfarner.newsvine.com