Elop must have the record in destroying a company. In 5 years a company went from being market leader with something like 90% of the smartphone market to almost bankrupt. I do not think something like this have ever happened this fast.
(2) Elop arrived in 2010 and Nokia was basically already done for.
As soon Elop announced Symbian death, the whole thing tanked, and I cannot help but feel that Elop is stupid.
I highly doubt that. I have a huge problem with people flat out claiming that Symbian was an acceptably competitive phone offering in 2010. That's a bald faced lie in my opinion.
Symbian phones were much cheaper than a iPhone, and Android had not yet really arrived in force.
Nokia was known here for making sturdy, durable phones that you could use for a long time. If they paired that with also having a solid app ecosystem for the most popular brazillian uses (like, Facebook, Mail and Youtube) they could have easily won the smartphone wars here.
Instead they dumped Symbian and went for Windows Phone, allowing Android to get their former place in the market.
Mind you, most Android phones here are now no-name chinese ones, Nokia left the cheap but solid phone market, and cheap (but not-solid) phones took over the vacuum.
You don't announce that you're abandoning your current platform when you haven't developed your replacement platform yet unless you're a moron or intentionally sabotaging your company.