Nokia CEO Elop Is Feeling The Heat From The iPhone 5 Launch (VIDEO)

Nokia CEO Elop Is Feeling The Heat From The iPhone 5 Launch (VIDEO)

Bloomberg’s Betty Liu reports that Nokia CEO Stephen Elop is feeling the heat from yesterday’s iPhone 5 launch, as his company’s stock fell the most it had in a week in Helsinki trading immediately after the announcement about the new handset.

Bloomberg:

Nokia is in alliance with Microsoft on a new line of handsets, but there is no clear release date for the phone in the United States.