[eli]

Elop: "The first iPhone shipped in 2007, and we still don't have a product that is close to their experience. Android came on the scene just over two years ago, and this week they took our leadership position in smartphone volumes. Unbelievable."

That was an accurate (and arguably obvious) description of the market in 2011. Nokia had a big problem on their hands and that's true whether they chose to acknowledge it or not.

Should the CEO have stayed silent to his own staff about the perilous fate of the projects they were working on?