Nokia Flops, Again?
Sep 6th 2012 4:39PM
Updated Sep 6th 2012 4:48PM
The Lumia 920, Nokia's (NYS: NOK) new flagship phone, appears doomed to follow in the 900's footsteps. Unknown industry insiders have scolded the device makers for only making "incremental improvements" from the Nokia 900, their initial flagship phone, which only sold 4 million units. Despite being a flagship product, those sales don't begin to compare to the behemoth of sales that both Google (NAS: GOOG) and Apple (NAS: AAPL) have accrued through their devices. It seems Nokia is caught in the first generation of the smartphone war, one which highly depended on gadgets like wireless charging, improved camera, etc. Meanwhile, companies like Google and Apple have successfully refocused onto ecosystem centric devices.
Nokia doesn't really seem like the next wave, fools, so which company is? It's still Apple. With the impending release of the iPhone 5, and Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple, along with continuing updates and guidance on the company whenever news breaks, we've created a brand new report that details when to buy and sell Apple. To get started, just click here now.
The article Nokia Flops, Again? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. Austin Smith owns shares of Apple. The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services recommend Apple, Google, and Nokia. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.