Nokia's late-model md has sent an brusque and explicit memo to his pikestaff that suggests the phone monster is in crisis.
Stephen Elop, who recently joined the mobile trade name from Microsoft, warns his assembly there rivals in their market situation: "They are fast, they are cheap, and they are challenging us."
Lee Simpson, a older equity research analyst, told BBC Portable radio 5 lively: "This is an apology to investors as well as stakeholders."
"Nokia was period representing task. It was individualistic, sapid," he explains to Gabby Logan. "The game's changed now."
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