Is Nokia Toast? Cell Phone Maker Still Has All the Wrong Answers
Filed under: Technology, Investing, Google , Microsoft, Nokia, Research In Motion, Apple, AT&T, Stocks in the News
Shares of Nokia (NOK) have nearly doubled since bottoming out last summer, but it’s premature to call this a turnaround for the Finland-based wireless phone company that until recently was the world’s largest handset maker.
If anything, at least one analyst sees this as a selling opportunity.
Raymond James analyst Tavis McCourt issued a rather cautious note on Wednesday morning. Yes, the company’s Lumia 920 is getting hard to find in some markets. Nokia’s new phone — powered by Microsoft’s (…
Is Nokia Toast? Cell Phone Maker Still Has All the Wrong Answers originally appeared on DailyFinance.com on 2012-11-29T13:00:00Z.
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