The following video is from Thursday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jeff Fischer and Jason Moser discuss the top business and investing stories of the day.
Shares of Nokia (NYSE: NOK ) plummeted on Thursday after the company reported a 31% drop in its mobile phone sales. Nokia's first-quarter loss was smaller than last year's, and sales of its Lumia smartphones increased. But sales in North America were down sharply. Is the market overreacting to Nokia's news? Should investors buy the embattled tech giant? In this installment of MarketFoolery, our analysts discuss the future of Nokia.
Nokia's been struggling in a world of Apple and Android smartphone dominance. However, the company has banked its future on its next generation of Windows smartphones. Motley Fool analyst Charly Travers has created a new premium report that digs into both the opportunities and risks facing Nokia to help investors decide if the company is a buy or sell. To get started, simply click here now.
The relevant video segment can be found between 0:32 and 7:44