Nokia owns huge market shares in the markets that are the future of wireless phone technology. The company has about two-thirds of the handset market in India, for example, and a 40% share in China. That’s turned Nokia into a huge annuity on phone sales in the world’s developing markets since users tend to upgrade with brands they own as their incomes rise.
Buy Nokia (NOK)
December 30, 2008 @ 7:39 pm | Buy | 2 comments
2 Comments
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Hey Jim
What do u think about the recent changes and departures at Nokia. Is this the caqtlyst that is required to spur them into action.
hey Jim,
Do you still hold NOK in your long portfolio? Do you still like this stock as of today or your opinion has changed on this stock?