Absolutely this. I was a Nokia/Symbian fan back when it actually was the industry best. The real problem was that iPhone and Android came around and started executing like 100x faster than Symbian ever did. Nokia was too used to working with software on a Symbian timeline, and it took them too long to see that their only options were to learn to execute on Symbian improvements at that speed (probably not practical), give up Symbian and adopt Android (becoming essentially a vassal of Google), or get buried.
They dawdled and ignored the problem for too long, and were left with selling to Microsoft and adopting their mobile OS as the only semi-plausible way to maintain a strong market position. Both Nokia and Microsoft's efforts ended up being too little, too late.
They dawdled and ignored the problem for too long, and were left with selling to Microsoft and adopting their mobile OS as the only semi-plausible way to maintain a strong market position. Both Nokia and Microsoft's efforts ended up being too little, too late.