Nokia Is Almost Down for the Count
This morning, mobile-phone manufacturer Nokia (NOK) announced that it may sell its headquarters in Espoo, Finland, in order to raise cash. Nokia has been disposing of non-core assets as it buys time to transform itself from a mobile-phone manufacturer to a smartphone maker. Thus far, that transition has met with lackluster results, and in my view the prospects do not look any better over the long term.
While Nokia is continuing to focus in on getting it right in the smartphone market, its key competitors, Apple (AAPL) and Samsung, have moved not only to tablets but also to the TV market. Samsung is a key player in the LCD TV market, and while many speculate about the next iteration of Apple TV, the reality is that Apple is already head and shoulders ahead of Nokia, HTC, Research In Motion (RIMM) and others in the living room. Yes, Apple has its work cut out for it, but the company has already lined up a number of pieces, particularly in content and ease of use. (If only it had that for its Maps offering.) ...258 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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