14 Iconic Brands That Are Losing Their Luster

14 Iconic Brands That Are Losing Their Luster

By Jonathan Berr  // 

Nokia

Brand value (according to Interbrand): $7.44 billion

1-year decline in brand value: 65 percent

What went wrong: Failed to respond to rise of smartphones

Reason for hope: Getting acquired by Microsoft is its best hope to do battle with Apple and Samsung.

Nokia