Nokia CEO Cries Profusely As Microsoft Finally Acquires Nokia

Imagine how life can turn upside down in no time. Just roll back to this time last eight years when Nokia Phones were the bomb and king of all phones as at then. In fact there was a popular saying that goes thus..."there are many Phones in the world, Nokia and others". Now this saying is outdated and don't hold ground anywhere as the brand has been successfully kicked out of the mobile phone game by Androidand iOS devices. At the press conference meeting to announce NOKIA being acquired by tech heavyweight Microsoft, Nokia CEO,Stephen Elopcompleted his speech saying, “we didn’t do anything wrong, but somehow, we lost”. Not just saying that, himself and other top Nokia officials shaded tears at the proceeding. Nokia CEO Cries... That is life for you. Nothing remains permanent except change. You can recall that BlackBerry is about facing the same situation after they announced that there won't be new production of BlackBerry OS devices again Nokia made a costly mistake by remaining calm thinking that they can compete with Android devices but it was a hard battle for them as Android defeated them home and away. The lesson learned from this is that you should try your best to adjust to the environmental changes. Android OS offers the best experience and features that suites the time we are now. And it keeps on getting better with new Android version updates being rolled out frequently. Microsoft announced the purchase of Nokia’s phone assets in September 2013 — just weeks after Steve Ballmer said he would step down — and finalized the deal in April 2014. The total price for purchasing it ended up as approximately $7.9 billion, from an April 2015 filing with the U.S. Securities and Exchange Commission (SEC). In life, if you don't upgrade, you will be left out or even eliminated.