Even with everyone’s worries over BlackBerry (BBRY)’s recent struggles, Nokia was expected to be right there with BlackBerry and next in line to go out.
Some general information about Nokia follows:
Nokia actually has three separate operating systems. The three include NAVTEQ, which provides Nokia with maps and location content. Devices and services is another operating system that manages the company’s portfolio. The last operating system is Nokia Siemens Networks. This operating system provides network infrastructure, service platforms and communications.
The mobile phones put out by Nokia are based off of two separate operating systems. They consist of Series 30 and Series 40. The main difference between the two operating systems is that the Series 40 is open to third-party developers.
When you compare Nokia’s features with BlackBerry, you can clearly see why Nokia is still out in front from a net income standpoint. For 2012, BlackBerry’s net income was 4.2 billion compared to Nokia’s 5.62 billion. For some time now, investors have seen the two as close competitors. Now Nokia is pulling away, partly due to its new mapping software, which allows users to view maps and use GPS in countries like Asia, Australia, Europe and North America along with many other regions.
When compared with Microsoft (MSFT) currently, Nokia still has some catching up to do. Microsoft came out with the exquisite design of Windows 7 and has now managed to top that with the new version, Windows 8. I honestly do not see how Microsoft can keep coming up with better and improved features for their Window programs.
In other news, Nokia has released another model of mobile phone. The Asha 310 is Nokia’s latest version of low-budget mobile phone. This phone features Wi-Fi and a unique dual SIM card. Another amazing feature for the price is a three-inch screen. This is the largest screen available on a low budget mobile phone. I truly believe that Nokia has done it again. Adding a 2-megapixil camera makes this phone a well-rounded buy. At around $100, this phone is surprisingly high-quality that can’t be beat.
In my opinion, Nokia is one of those companies that everyone counts out to soon. They are never given a fair chance because of the simple fact they are a smaller company. Every single time investors begin to give up on them, Nokia comes back with a bang like they have here with the Asha 310. I know that personally when everyone is calling to stay away from Nokia, that in return that specific time is in all reality most likely the best time to buy. I believe Nokia will continue to impress investors with their comebacks and that factor alone could become a huge selling point for the company.
Another common worry with Nokia is being able to handle the high needs when coming out with a new product. Their capabilities are often overlooked. As far as being able to keep up with revenue, I believe Nokia has an upper hand on both Apple and BlackBerry. The only competitor that Nokia may have to contend with may possibly be Samsung.
Samsung’s Android Galaxy series mobile phones are extremely hard to compete with. Samsung’s Android mobile phones have features included that benefit any user. From business to the casual user, Androids have it all. In my opinion, I see Nokia and Samsung in a close battle. With a lot of the same exquisite features and user-friendly software, a choice between the two would indeed be a tough one.
In conclusion, I see Nokia as a steady and safe investment. You’re not going to get rich overnight, but you’re not going to go broke waiting on a decent return. We also can’t forget the convenience of being able to purchase a high-end phone at an astonishingly low price. When it comes to the hardships of the stock market today, once again Nokia has prevailed. To me this is no surprise, but what is surprising to me is the fact that some people see these times as one to avoid buying Nokia stocks. As previously stated, I believe this is a time to buy their stocks up. Nokia is standing strong today and I can honestly say, I see them standing strong for a long time to come.