**Editor's note: Please click here for our list of September's hottest selling smartphones to see how Nokia stacked up against the competition.**
Nokia, once the most-heralded smartphone maker in the world, bar none, "is on the brink of collapsing, following years of bad decision making and mismanagement."
Those harsh words come from Boris Metodiev, a senior analyst with Yankee Group, who on Thursday noted that "The demise of Nokia has been spectacular ... The company has always been good at building a decent phone, but never really cared about the OS supporting it."
Metodiev, commenting on a ZDNET report citing Nokia's financial struggles, says Nokia didn't give its Symbian operating system the attention it needed after Apple unveiled the iPhone and Google introduced Android. Forging a relationship with Microsoft and committing to Windows Phone seemed like the right decision at first, the analyst said, but "then came the announcement that no Windows Phone 7 devices would be able to update to Windows Phone 8. That practically killed the [prospective] sales of Lumia 900, which was supposed to be Nokia’s flagship phone."
The Finland-based handset manufacturer this week reported its sixth consecutive loss since teaming up with Microsoft. Nokia's losses last quarter rose to $1.27 billion, nearly 50 percent higher than what analysts were predicting, and almost 20 times more than what they were in the year-ago quarter. The company isn't optimistic for the near future, predicting the fourth quarter to be "challenging" and a "transition." That transition is the unveiling of devices based on Windows 8, the latest version of Microsoft's mobile operating system.
And while Internet speculation certainly isn't gospel, here's an ominous prediction: Verizon Wireless might never carry Windows 8 phones. That's because Verizon is sharing geolocation data with advertisers and Microsoft isn't a fan of that process. The Redmond, Wash.-based software giant isn't letting Verizon put spyware on Windows 8 devices; however, the two sides are discussing options, Daily Mobile reported.
Numerous websites reported this week that the Nokia Lumia 920, the flagship of the new line, aimed at both the business user and the general consumer, is slated to be an AT&T exclusive, but only for six months. That gives Microsoft and Verizon some time to work out their differences. No matter how that turns out, Metodiev isn't keen on Nokia's future.