Wednesday 1 June 2011

Nokia

The big news today is that Nokia shares dropped eighteen percent on the last day of May.
Even though the Finnish Electronics company is the largest in the world, it is having it's market share
chipped away by Apple products, particularly the IPhone, Google's operating system Android which can
be used on mulitple platforms and as shown in a recent documentary, companies that make better
quality knock off products that can be purchased easily and cheaply without fear of being caught.
Six weeks ago, Nokia posted a lower performance guideline set and will be likely operating at about a
break even level for the rest of the year.

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