10 Companies with Terrible Reputations

Nokia

The shareholders of Nokia were punished as its percentage of the smartphone market has dropped quarter after quarter and last the stocks went down 50 percent. Nokia is expected to lose its lead as the top handset company in the world to Samsung in a short time this year. According to JD Power’s 2011 Wireless Traditional Mobile Phone Satisfaction Study, Nokia was tied for lowest overall satisfaction. It also has got the lowest ACSI score for wireless telephones. Nokia’s brand value has dropped by 15 percent from last year, according to Interbrand. Nokia has tried to recover its chances through an agreement with Microsoft whose Windows OS will be used in Nokia smartphones. in spite of rage reviews for the new Windows Mobile, a partnership with the feeble mobile OS maker only makes Nokia’s fortunes worse.