Nokia (NYSE: NOK) will begin an assault on tablet computer industry. Late to the market? Damage to its brand because of a lack of popular smartphones will undermine prospects of strong sales. Nokia may believe it has no choice but to enter the business. Recent research shows that tablet sales growth is much better than PC growth. Smartphones and tablets have begun to push the PC out of many markets entirely, as wireless connection speeds and chips powered for the devices have improved. Nokia continues to search for a formula that can pull it out of doldrums that have caused it to go from the premier handset company to an also-ran. One solution is to marry its smartphones with the Microsoft (NASDAQ: MSFT) mobile operating system. But that system has gotten almost no adoption as it competes with the Apple (NASDAQ: AAPL) iPhone and Google (NASDAQ: GOOG) Android-powered devices. A Nokia tablet probably has the same fate as the Playbook from Research In Motion (NASDAQ: RIMM). It will be a product made by a company that consumers believe is dead.
Source: Nokia
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
