2 Tech Titans Betting on a Turnaround
Jun 16th 2012 6:05AM
Updated Jun 16th 2012 6:08AM
The following video is part of our nationally syndicated Motley Fool Money radio show, with host Chris Hill talking with Ron Gross, James Early, and Joe Magyer. Dell announced that it's cutting $2 billion in expenses over the next three years. Meanwhile, Nokia warned that its cell-phone business is losing ground and the company will be cutting 10,000 jobs. In this segment, the guys analyze the technology landscape to determine whether Dell can reinvent itself as IBM and whether Nokia can rebound, with help from Microsoft, to take on Apple. Finally, the guys try to sort out which technology stock they'd bet on over the next five years.
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At the time this article was published Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of IBM, Facebook, and Apple. Motley Fool newsletter services have recommended buying shares of Apple and creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
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