Nowadays, if you're a gadget maker, you need a mobile strategy. Smartphones are just one side of the coin, with tablets representing the other half. Finnish giant Nokia
Yet where is its tablet strategy? CEO Stephen Elop has already made it clear that he sees a lot of opportunities in the tablet market. The company hasn't made any official announcements to tip its tablet hand, so we're left to the usual supply-chain rumblings.
Well, according to Digitimes, a Nokia tablet might be just around the corner. Nokia and Microsoft
Nokia is looking at joining the ARM Holdings
A tablet strategy would just be part of the turnaround that Elop is tasked with, as looking at Nokia's segment data shows primarily various shades of red. Last quarter, smart device units fell 31%, leading to a 38% drop in smart deice revenue. Net sales also plunged 29%, and operating profit was less than a fifth of what it was a year ago.
I think Windows 8 is still set to eat Google
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Fool contributor Evan Niu has sold bullish put spreads on Qualcomm and owns shares of ARM Holdings, but he holds no other position in any company mentioned. Check out his holdings and a short bio. The Motley Fool owns shares of Google, Qualcomm, and Microsoft. Motley Fool newsletter services have recommended buying shares of Microsoft, Nokia, and Google and creating a bull call spread position in Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.