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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Cautious_Optimist who wrote (7372)5/24/2012 8:40:46 PM
From: rich evans1 Recommendation  Read Replies (1) | Respond to of 9255
 
I see Nokia as a never ending option at this price. They have a complete phne line and are selling still lots of dumb phones. They have about 22% of the mobile market , just less then Samsung. Apple is the risky one.
Theyhave one phone , their smart phone with 40% gross margines and 50% of business. But everyone is now coming into the market withgreat phones including Nokia. And I-pads are now going into heavy competition with HP, DELL and others. Intel is coming out with new chip for this. Microsoft dwill have its neww Windows 8 for this. So apple with 25% of gross receipts in i-pads is at risk here too. So which to buy if you had to choose. Nokia has a superior manufacturing, distribution and marketing and I would take a bet on it as a surviror. I have the LUmia 900 phone and am pleased. I can lose 2.75. Apple investor can lose bigtime when profits decline as well as growth.

Rich