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Nokia\u2019s (NOK) quest for relevance in the smartphone market will soon come to fruition, though perhaps not as quickly as the company\u2019s shareholders would like. Nokia, which saw its smartphone market share slip to 35 percent from 41 percent in its latest quarter<\/a>, will reverse that decline by 2011. In fact, according to Rick Simonson, head of the company\u2019s mobile division, Nokia is already well on its way to recovery. \u201cYes, we have lost ground in the smartphone space over the past 18 months, but the decline has stopped and stablised in the second and third quarters of 2009,\u201d Simonson told India’s Economic Times<\/a>. \u201cThe New Year will see [our] recovery in smartphones with the introduction of Maemo and the stabilisation of the Symbian operating system, which by the way, continues to be the platform for the largest number of smartphones, globally.\u201d<\/p>\nOf course, to really drive that recovery, Nokia needs a supersmartphone that can compete with the likes of Apple\u2019s (AAPL) iPhone and Research in Motion\u2019s (RIMM) BlackBerry–and its latest efforts on that front \u2013the N97, for example\u2013haven\u2019t quite been up to snuff. Well, just you wait. \u201cBy 2011, our efforts will start producing results, as we will be at par with Apple and RIM in smartphones,\u201d said Simonson. \u201cNot only we draw level with them, we will also win the war because, in addition to e-mail, we will be adding content, chat, music, entertainment and several other features, which will soon become very critical for success of any company in this space.\u201d<\/p>\n
Hey, if you\u2019re going to dream, dream big, right?<\/p>\n
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