Nokia And RIM: The Next To Go?
Nokia (NOK) is the number two company behind Samsung (SSNLF.PK) for mobile device sales world-wide. Apple (AAPL) is in third place but gaining quickly with the sale of iPhones and iPads. Nokia was once the greatest innovator but has been replaced by manufacturers who have embraced the smart phone and mobile device market with improved functionality and a host of offerings that don't stop at being a phone. There seems to be no end in sight for the Nokia decline, unless of course we consider the buzz that Nokia may be in play as an acquisition target.Recent speculation that Samsung will bid for Nokia shares sent Nokia stock over $3 on June 8. Nokia's book value per share is $3.69. Nokia has total debt of $6.19 billion and total cash of $12.66 billion. The stock has a 52-week range of $2.61 to $7.38. The price earnings are negative ($0.83),Complete Story »