All technological related brands have their own significant power at the time of production. However, as time passes, new technology comes and the early tech brands that we have used before must transfer the seat to the modern one. Here are the most popular tech brands that disappeared in 2012.
The first one is myspace.com; this site was initially designed to connect people all over the world by interlinking and forming one global socially developed network. During the times when NewsCorp bought MySpace, the initial user of this site with respect to the comparative statistics of other socially networked sites was encouraging. The popularity of this site had been increasing for two more years from 2006-2008.However,due to the coming of new and easy to use other social networking sites like Facebook and Pinterest, the mass number of users of MySpace has completely turned to these new community enhanced interlinking networks. Before a year, the owner of Myspace.com, NewCorps, has made a decision to sell directly to any company with $100 million which is completely a loss of about $480 million dollars.
The other tech brand name is Nokia. This company until the recent times has controlled the world’s cell phone production and we all remember that the beginning of the second millennium was celebrated by using the Nokia phone products. But due to increasing competition of new tech-related phones, Nokia can’t stand alone and get the power to cope up and win the challenges. Companies such as Samsung, Apple, Blackberry and HTC made Nokia to leave the track of competition and wait and to be under other huge tech company.
The shareholders of Nokia has sold their shares to different companies with low cost rates and searching for any other business opportunities. In the year 2010-11, most of the Nokia products were not sold in the US and Europe due to the shot-up of smartphone and iPhone that almost controlled the business of cellphone industry. Nokia, without any further research lost its way and surrender to the other ‘highly fitted’ ultimate tech-providers of the world’s customers.
The next disappeared company in 2012 is Sony Ericson. Like the Nokia Company, the destiny of Sony Ericson was ended miserably. Statistics shows that the company was legally come into power in 2001 and started to manufacture those times ‘new and high-tech’ cell phones which was before the emergence of smartphone technology. After the coming of Smartphones and iPhone, Sony Ericson’s manufacturing power per unit production move down and over 54 million unit phones are dropped. Like Nokia, Sony Ericson couldn’t manage the boost of technological era of other powerful companies like Samsung and Apple and its performance and operating system couldn’t update itself and step up to the next tech-generation due to various internal and external issues that led to the final closing of Ericson cell phones worldwide.
