Can This Massive Deal Keep Nokia's Recent Run Going?
Jan 2nd 2013 8:00PM
Updated Jan 2nd 2013 8:06PM
Nokia , often considered an underdog in the smartphone space, has now made a potentially game-changing deal with China Mobile to sell its flagship smartphone, the Lumia 920, on China Mobile's network. Although China Mobile is by far the largest telecom provider in the world, it won't necessarily provide Nokia with the largest high-end market, which is what the Lumia 920 addresses. But because the main high-end smartphone competitor, Apple , isn't on China Mobile, Nokia doesn't have much competition in that area. Motley Fool tech and telecom analyst Andrew Tonner thinks the tear Nokia stock is on at the moment still has room to continue.
Nokia's been struggling in a world of Apple and Android smartphone dominance. However, the company has banked its future on its next generation of Windows smartphones. Motley Fool analyst Charly Travers has created a new premium report that digs into both the opportunities and risks facing Nokia to help investors decide if the company is a buy or sell. To get started, simply click here now.
The article Can This Massive Deal Keep Nokia's Recent Run Going? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool owns shares of Apple, China Mobile, and Microsoft. Motley Fool newsletter services recommend Apple and Microsoft. 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.
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