After three years of watching competitors such as Apple eat its lunch in the smartphone market, Nokia finally has its "aha" moment. But is it too late for the cell phone behemoth to regain its footing?
On Friday the Finnish cell phone maker ousted its CEO Olli-Pekka Kallasvuo, replacing him with Microsoft exec Stephen Elop. Elop, who is a Canadian citizen, will be the first non-Finnish CEO to head Nokia, the world's No. 1 mobile handset maker. He will start his new job as CEO on September 21.
The change in the executive ranks should come as … Read more