Oyj!

The final time Nokia noticed its shares drop so sharply was again in 1991 when the Finnish cellphone pioneer was launching a blocky mannequin known as the Talkman, weighing in at over four kilos. Lower than a decade later, Nokia Oyj was king of the booming cellphone market with a market worth touching $290 billion—about 17 occasions what Apple was price on the time.

As…