Nokia CEO replaced by Microsoft executive Stephen Elop

Nokia has just announced that its changing the CEO in leadership (Olli-Pekka Kallasvuo) OPK is out and replaced by the Microsoft Executive Stephen Elop as the New Nokia CEO and President. Nokia Siemens Network Chief said:

"His (Elop's) strong software background and proven record in change management will be valuable assets as we press harder to complete the transformation of the company."

We Hope that Nokia can Stand up again and Raise its revenue from the Q3 which was very low and Old CEO OPK says thats because Mobile phones are getting cheaper and there is a lot of competitors on the Market Nowadays.