Finnish Prime Minister: Apple to blame for demise of Finland’s two biggest industries and economic downturn?
On Friday S&P downgraded Finland to AA+ from AAA. According to CNBC, Finland’s Prime Minister suggested that Apple could be to blame for the demise of Finland’s two biggest industries: Nokia through iPhone and the paper industry with iPad.
But he says they’ll make a comeback.
A little bit paradoxically I guess one could say that the iPhone killed Nokiaand the iPad killed the Finnish paper industry, but we’ll make a comeback
But there’s new avenues for those older industries. Forest is coming back in terms of bio energy. New Nokia is emerging in terms of Networks.
Cheers Alvester for the tip!