Time To Trade Apple for Nokia?
by FOHC Resources
Earlier this year, we compared Apple (AAPL) to Nokia (NOK), asking much the same question as the above headline. And the answer has stayed much the same, only much more imminent. While both companies have had nearly opposite success since the dotcom bubble, there is reason to believe that NOK's direction will soon begin to change. It was less than a year ago that people began to really recognize one of Steve Jobs' final gifts; a smartphone that not only dominated in sales and customer satisfaction, but also in margins. This, among other things of course, took AAPL to new heights after an already successful past decade. NOK, on the other hand, has fallen from grace after being an industry titan. NOK was late to join the smartphone game, and NOK has repeatedly hit new lows. NOK has had negative earnings with discouraging regularity. They have only retained 10% of institutional investors and only 9 out of 63 analysts recommend NOK as a "buy" according to the Wall Street Journal. read more »
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