When it went on sale, consumers queued for days to buy one. Three years later, at Apple’s Macworld conference, Steve Jobs unveiled the iPhone, an internet-ready, touchscreen, camera-equipped cell phone. Executives balked at the idea and scrapped the project. That describes just about every phone on the market today. Nokia’s engineers came up with a bold idea: an internet-ready, touchscreen, camera-equipped cell phone. Nokia pioneered music ringtones, phones with cameras, and mobile browsing.

It sold more than 20 million units worldwide. In 1994, the tech firm launched the Nokia 2100 with a sales target of 400,000. It launched the world’s first international cellular network and the first car phone in the 1980s. That success was predicated on Nokia’s relentless innovation. To this day, its iconic budget handset, the Nokia 1100, remains the best-selling phone of all time, shipping 250 million units. It sold hundreds of millions of cell phones, dominating one-third of the market. In the early-1990s, Nokia was untouchable.

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