Nokia announced that it would lay off 10,000 workers.reduced profit forecast announced lead to downfall of shares up to 18 percent.  Another admission of nokia about  willing to sell some of their patents if the price was right concludes that the Finnish cellphone maker is in deep financial trouble.

Apple and Samsung continue to crush nokia in smartphone market.Nokia’s LUMIA runs on Microsoft’s windows operating system.But it did not altered the market of Nokia or Microsoft.

According to Gartner smartphone market share report for Q4 in 2011 clearly shows Android has gained 20 % more market share than in 2010 .

Adapting  Opensource software  is the only way to stabilise Nokia