Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
It may be late, but Nokia (NYSE: NOK ) has now jumped into the tablet market with the freshly unveiled Lumia 2520, a polycarbonate device running Microsoft's (NASDAQ: MSFT ) Windows RT. That's a peculiar choice, considering every other OEM has abandoned Microsoft's controversial operating system in favor of the full-featured Windows 8 for most tablets. Windows RT lacks a strong app ecosystem, as well as legacy app support, which severely limits its capabilities.
Furthermore, Nokia is targeting a premium price point of $500, putting the Lumia 2520 directly in competition with Apple's iPad. No other company has successfully challenged Apple at the $500 price point, yet Nokia is intent on giving it a shot. That's even before you consider Nokia's $150 keyboard accessory, which is almost a necessity for buyers to fully experience the tablet, much like with Surface. This doesn't look like it's going to end well for Nokia.
In this segment of Tech Teardown, Erin Kennedy discusses Nokia's new tablet with Evan Niu, CFA.
Stock to own forever
As every savvy investor knows, Warren Buffett didn't make billions by betting on half-baked stocks. He isolated his best few ideas, bet big, and rode them to riches, hardly ever selling. You deserve the same. That's why our CEO, legendary investor Tom Gardner, has permitted us to reveal The Motley Fool's 3 Stocks to Own Forever. These picks are free today! Just click here now to uncover the three companies we love.