Nokia Corp. (NOK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia Corp. (NOK)

NOK 6.585

+0.8%

Dec 24 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zax who wrote (7466)	6/11/2012 8:04:32 AM
From: Road Walker	Read Replies (1) of 9255

Samsung: 'We're Not Looking to Acquire Nokia (NOK)' 7:22 am ET 06/11/2012 - Street Insider Following reports last Friday that Nokia (NYSE: NOK) might be a target for takeover, at least one large global OEM has denied interest. According to Reuters, South Korean electronics giant Samsung has denied plans to acquire the Finnish mobile device maker. In a statement, Samsung said "such reports are purely speculation and are not true." In the past several months, its been mulled that Samsung might be looking to acquire one of its ailing rivals. The other named dropped has been Canada'sResearch In Motion (Nasdaq: RIMM), which has seen shares drop significantly over the past few years as consumer and business taste has shifted to mobile operating system offerings from Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOG). For its part, Nokia has taken a risk by ditching its Symbian OS for Microsoft's (Nasdaq: MSFT) Windows Phone. Though sales of Nokia's new Lumia lineup haven't been a segment leader, many investors are pinning hopes on a boost when Microsoft launches Windows 8 later in 2012. Shares of Nokia are down about 2 percent in early trading; RIM shares are flat.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next