"It is clear, that the 3 year period under Elop was a disaster. All metrics, every single conceivable metric for Nokia CEO shows not mild decline, but huge decline - this in an industry that was strongly growing. During his 3 yars at Nokia, the Nokia corporate revenues fell 40%. Nokia handset sales revenues fell 40%. Nokia handset market share fell 54%. Nokia smartphone sales revenue fell 69%. Nokia smartphone market share collapsed 90%. Nokia profits were wiped out to the tune of 92%. Nokia lost over 13 Billion dollars in shareholder value. From the day he joined Nokia, to the morning when it was announced he has been removed from office, Nokia share price had fallen 60%. When he started, Nokia's credit rating was near perfect; as he leaves office less than 3 years later, it was rated junk. This has been the worst performance of any CEO of any Global Fortune 500 sized company in a comparable period of time. It is a world record in corporate failure by CEO."