Go Nokia show the world how not to run a business. When they realize no one wants 8 track phones they may do better.
STOCKHOLM—The chief of Nokia Corp. said sales of its new Lumia smartphones have been mixed and he will "deeply" discount the devices to spur sales to compete with Asian rivals in emerging markets.
Nokia CEO Stephen Elop said Lumia sales "exceeded expectations in markets including the United States, but establishing momentum in certain markets, including the U.K., has been more challenging."
Consumers are shunning basic Nokia phones and turning increasingly to cheap smartphones powered by Google Inc.'s Android mobile phone software that the Internet giant provides free to handset makers like Samsung Electronics Co
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