I definitely agree that they have all the financials of the world and top talent people. As you say, these are not (always) enough to catch success. I am highly aware, Nokia is a huge (I mean huge!) corporation, which causes redundancy, huge bureaucracy and snail slow reaction time. These might not be fatal in mobile business (if you have 40% market share), but for an Internet company.. I just can not imagine how Nokia could make a Internet company with todays perspective..

I think Nokia has their work cut out for them. They definitely have the luxury of deep pockets and top notch research to help them but we all know it takes more than that.

In large companies like Nokia there is always redundancy, even politics and competing entities inside the firm. Right now though it’s pretty clear that the right-hand doesn’t always know what the left hand is doing. Think of the multiple login’s required for their ever growing array of software services (Mosh, SportsTracker, N-Gage, Ovi). Compare that with Yahoo or Google’s single login for all services. And what about Widsets and WRT, a little similair aren’t they? I know there is greater strategy in place that is slowly coming into play but it’s a little disenfranchising getting there from a user standpoint.

Nokia embraced the future earlier than other pre-iPhone companies by declaring itself an internet company. Of course Apple did the internet software part first and the hardware second. You could argue which way is backwards but I don’t think it’s the Apple way. Let’s hope Nokia can close the gap before another disrupting company comes along and takes a bite out of their bottom line.