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Nokia Corporation (NYSE:NOK): Current price $4.58
Nokia has earned a respite from results pressures with its quarterly report that was better than was anticipated. Now, the Finnish firm has improved prospects and options to aid its efforts to sit beside Apple and Samsung in the smartphone market and also time to continue marketing its new Lumia handsets that were launched in November. The devices have recently gone on sale in pivotal markets like India and China; Nokia is staking future smartphone success on those products. Analyst François Meunier at Morgan Stanley commented that “Reasonable Lumia volumes and much better margins and guidance in devices could reframe the debate on the longterm sustainability of the handset manufacturing business.”
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