Nokia’s 14 Years of Mobile-Phone Supremacy Ended in an Afternoon
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In 2005, Nokia sold its billionth mobile phone, a budget-friendly device that went to a customer in Nigeria. By then, the company, based in Espoo, Finland, was making one of every three cellphones globally.But just nine years later, the mobile-device maker offloaded its entire handset division to Microsoft for pennies on the dollar, compared to what it had been worth at its peak. Nokia had risen from obscurity in the 1990s to become a worldwide cultural phenomenon by the turn of the millennium,
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