Say No to Nokia
Apple (AAPL) is dominating the headlines today -- and rightfully so -- but let's take a step back and see what the tech titan's dominance means for its competitors. Specifically, Nokia (NOK) looks to have a tough road ahead.
Last night Apple blew out its fiscal first quarter, crushing Street expectations due to phenomenal shipment of iPhones, iPads, iPods and Macs. The clear standout in the quarter was the iPhone; Apple shipped 37 million units in the December quarter, up substantially from the 17.07 million iPhones shipped in 3Q 2011. The other surprise at least to me was the number of iCloud accounts that were activated -- more than 85 million -- as it helps make Apple's iOS-powered devices even more sticky. Even AppleTV fared better than expected. All in all, Apple's cohesive digital strategy is paying off....486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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