Friday, April 30, 2010

Calls made for Nokia CEO to resign over lack of iPhone rival

<img align='left' src='http://photos.macnn.com/news/1004/nokian8-2.jpg' border='0' width='176' height='120' />Nokia could oust its CEO if the company doesn't turn its performance around, multiple analysts said today. Investors are upset that Nokia hasn't been able to produce a true iPhone rival or take other steps to improve its financial health and are thought to be blaming company leader Olli-Pekka Kallasvuo for much of the trouble. Both Alan B. Lancz & Associates and MKM Partners believe Nokia's board could be under extreme pressure if there aren't signs of improvement by the summer, when the N8 ships....

[ Full story from MacNN | The Macintosh News Network ]

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