Why Nokia Could Triple By 2015
By Stock Croc:Once upon a time, Nokia (NOK) was the world's leading manufacturer of mobile phones, with a 41% share of the market. Following the rise of Apple's (AAPL) iPhone and its own slow reaction to the shift in the consumer device landscape, it has since fallen on challenging times. Today, Nokia is second behind Samsung (SSNLF.PK) in Mobile Phone sales with a market share of 19.1% -- less than half its peak market share. To stem the tide of its losses, Nokia brought in a former Microsoft executive, Stephen Elop, who promptly revised Nokia's smartphone strategy by paving the way for the eventual retirement of its venerable Symbian platform, shifted its promising yet fledgling Meego program to R&D and, most importantly, steered Nokia into a strategic alliance with Microsoft. Unfortunately, for all the hype that surrounded Nokia's decision to build its smartphone strategy around Microsoft's (MSFT) Windows Phone platform, early returnsComplete Story »
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